October 3, 2005
Residential Contractors General Liability Nuts & Bolts: Quadrant Insurance Managers added two new contractor programs to be based out of its Texas office: residential homebuilders/contractors general liability and roofing contractors general liability. The programs are available in Texas on a …
October 3, 2005
Jack Snyder Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, announced that Jack Snyder has joined the company as a managing director and manager of business development for …
October 3, 2005
Part 1: Weld’s Insurance Record New York voters face the prospect of a race for governor next year between Democrat Eliot Spitzer, the state’s anti-corruption crusader and high-profile attorney general, and Republican William Weld, an energetic and enigmatic native New …
October 3, 2005
Marsh & McLennan Cos., the insurance broker that paid $850 million to settle New York Attorney General Eliot Spitzer’s accusations of bid-rigging, may face a similar suit from Massachusetts Attorney General Tom Reilly. Reilly intends to sue Marsh, alleging the …
October 3, 2005
Despite indications that a 28.4 percent statewide rate hike is called for, the Massachusetts Fair Plan is requesting a 12.5 percent hike across all homeowners policies. The residual market insurer’s overall request includes an average hike of 12.9 percent on …
October 3, 2005
Nuts & Bolts: General Casualty Ins. Cos. enhanced their commercial coverages and capacity becoming a market for additional manufacturing lines of business. The Sun Prairie, Wis.-based property and casualty insurer is now looking to write accounts with property values up …
October 3, 2005
Nuts & Bolts: Insurance Company of the West announced it will offer admitted stand-alone property terrorism coverage for most states. Additional states, including New York, New Jersey, Vermont, Connecticut, Dela-ware, Maine, Massachusetts, New Hampshire and the District of Columbia will …
October 3, 2005
New York voters face the prospect of a race for governor next year between Democrat Eliot Spitzer, the state’s anti-corruption crusader and high-profile attorney general, and Republican William Weld, an energetic and enigmatic native New Yorker who served as governor …
September 30, 2005
One thing is known: auto insurance rates in Massachusetts will be going down in 2006. How much remains a matter for Insurance Commissioner Julianne Bowler to decide by the end of the year. Bowler today received her third recommendation, this …
September 29, 2005
Massachusetts drivers should see an 18 percent decrease in the cost of auto insurance, said Attorney General Tom Reilly. The recommendation, being filed today with the state Department of Insurance (DOI), would reduce the average driver’s auto insurance bill by …