Massachusetts News

From the Big Apple to the Corn State

From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s fantastic, unbelievable. I get very excited when …

Burnes: four insurers eyeing deregulated Mass. auto market

Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward. Burnes is not naming the companies but when asked if …

Burnes: four insurers eyeing deregulated Mass. auto market

Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward. Burnes is not naming the companies but when asked if …

People and Places

The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone in Paramus, N.J. Other officers include Vice President, …

My New Markets

Medical Staffing Professional Liability Nuts & Bolts: International Excess Agency Inc. is offering claims-made allied health care stand alone professional liability insurance. A PL/GL combo program is also available. Dollars: $100,000 to $10 million. Carrier: Lloyds of London rated “A” …

From the Big Apple to the Corn State

From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s fantastic, unbelievable. I get very excited when …

My New Markets

Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …

My New Markets

Medical Staffing Professional Liability Nuts & Bolts: International Excess Agency Inc. is offering claims-made allied health care stand alone professional liability insurance. A PL/GL combo program is also available. Dollars: $100,000 to $10 million. Carrier: Lloyds of London rated “A” …

My New Markets

Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …

Surplus lines industry sees a flurry of M&As in 2007 despite softening market

The surplus lines market continues to be the insurance industry’s most dynamic sector. Despite softening market conditions, and more recently the subprime lending crisis, it continues to thrive. New products continue to be introduced, while older programs are updated. More …