The Public Entities Department of Victor O. Schinnerer & Company (DBA Schinnerer Insurance Services) has announced several new lines of coverage for all types of public entities. Now available: * Auto Physical Damage Insurance for vehicles such as trucks, buses, …
Fireman’s Fund Insurance Cos. repeated its warning that it will drop out of Massachusetts’ auto insurance market because the regulatory changes it and other insurers sought have been bogged down. Fireman’s, which insures less than 1 percent of the state’s …
Delaware Valley Underwriting Agency, Inc. (DVUA) is expanding into the New England area with the purchase of the assets of Zimmerman Specialty Insurance Brokerage, Inc. of Natick, Mass. by its parent, PIC Holdings. Zimmerman Specialty is an excess and surplus …
Unbelievable. Election Day is almost here. By the time you receive your next issue of Insurance Journal, the votes will have been tallied (provided none of our voting procedures fail!) and the presidency will have been decided. Incumbent George W. …
During my term we have made numerous advances, I couldn’t have done any of them without the help of the Executive Committee and dedicated committee members,” said Louise “BeBe” Canter, president of the Independent Insurance Agents & Brokers of America …
Insurers doing business in urban areas should adopt a loss prevention program that looks at emerging risks and new risk management techniques, recommends the Chicago-based Urban Insurance Partners Institute, an urban and emerging markets resource. Indoor air quality, which includes …
Two former Pittsfield, Massachusetts residents who reportedly submitted false claims to an auto insurance company were found guilty of insurance fraud, Attorney General Tom Reilly announced. Myriam Mojica, 40, and Rafael Hernandez, 32, both formerly of Pittsfield, were each found …
The WashACE annual report that lists key indicators of the state’s business climate in relation to other states reportedly shows that, despite signs of the slowly recovering state economy, Washington has fallen in several areas critical to keeping local business …
Massachusetts-based Allmerica Financial Corp. announced estimated pre-tax catastrophe losses of approximately $30 million related to Hurricane Jeanne. The company expects to cede all Hurricane Jeanne losses to reinsurers, subject to a 10 percent retention, since year-to-date catastrophe losses eligible for …
The Terrorism Risk Insurance Act’s (TRIA) hard end date of Dec. 31 poses a huge problem for commercial insurance policies taking effect on or after Jan.1, 2005, as the end of the typical one-year policy will extend beyond the sunset …
