ProMutual Group, a leading provider of medical malpractice insurance in New England, announced that it has opened a local claims office in Morristown, New Jersey, headed by Cheryl M. DeKleine. Richard W. Brewer, president and CEO noted that recent growth …
According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11. The Times quoted …
The International Risk Management Institute (IRMI) has issued a statement supporting the contentions of the Pennsylvania Trial Lawyers Association(PaTLA) that the insurance industry’s own business practices are responsible for its financial losses from medical malpractice coverage. According to the IRMI, …
With the Senate not addressing the issue of federal terrorism reinsurance legislation before the end of the year, The Risk and Insurance Management Society Inc. (RIMS) expressed its disappointment. The Jan. 1 renewal date for most property/casualty policies required immediate …
The political stalemate that resulted in Congress’ failure to implement a federal terrorism insurance backstop could stifle an economic recovery and shifts the pressure for handling such risks to state regulators. The federal government’s delay in addressing the issue leaves …
Markham F. Rollins, III, Chairman of TechAssure Association, Inc. announced that an Education Committee was established at its member and carrier meeting, which was held Nov. 6-8, in Denver. TechAssure Association, Inc. is an independent affiliation of agents and brokers …
Boston-based Plymouth Rock Assurance Company, Massachusetts’ 9th largest auto insurer, has come up with an innovative plan for giving policyholders their renewal premium rates – it’s providing them with the actual rates applicable to the year 2002, rather than provisional …
RTW, Inc. announced that it is closing its Missouri and Massachusetts offices, effective Jan. 31, 2002. RTW employs 36 people between these two regional offices. RTW opened its St. Louis, Missouri office in 1996 and its Westwood, Massachusetts’ office in …
During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based automobile dealership. The deal was, if a customer bought a …
During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based automobile dealership. The deal was, if a customer bought a …
