May 21, 2009
As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA) – which provides coverage for high risk coastal properties – has ended up at the brink of insolvency paying Hurricane Ike claims. …
May 21, 2009
Hiscox, an international specialist insurer, opened an office in Miami in an effort to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve as an on the ground presence …
May 20, 2009
Boston-based auto insurer Plymouth Rock Assurance has launched a new program that will allow any Massachusetts driver to receive free e-mail reminders 30 days before their license renewals, registration renewals and annual auto inspections. This program is an expansion of …
May 19, 2009
Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in Massachusetts as early as the …
May 19, 2009
A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, the UK-based Travelers Casualty …
May 18, 2009
A federal court ruled that an insurer has a duty to defend and indemnify a flooring company which installed carpets and tiles in a Massachusetts office that were so fume-ridden, they made the building unusable. In a closely watched legal …
May 18, 2009
Phenix Mutual, Motorists Mutual Concord, New Hampshire-based Phenix Mutual Fire Insurance Co. announced that it will become an affiliate of The Motorists Insurance Group, upon approval by regulators in New Hampshire and Ohio, where Motorists is headquartered. Phenix, which operates …
May 18, 2009
As part of an ambitious attempt to figure out how tornadoes form and how to predict them more accurately, engineers from the University of Massachusetts are deploying two special mobile Doppler radar systems to the Great Plains. The national project, …
May 18, 2009
2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …
May 18, 2009
Wells Fargo Insurance Services, North Coast Surety Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies. Terms were not disclosed. North Coast Surety Insurance …