March 9, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …
March 9, 2009
A Supreme Court ruling this week that federal approval of a drug is no protection from lawsuits in state courts could make drugmakers more cautious about safety issues and may lead them to halt development of some medicines and even …
March 9, 2009
Sickened consumers who sued the peanut processor blamed for a national salmonella outbreak could have trouble recovering damages from Virginia company accounts because assets listed in a bankruptcy filing will likely go to other businesses that bought its products. Lynchburg-based …
March 6, 2009
USG Insurance Services, Inc, a national wholesale broker of commercial insurance headquartered in Tampa, Fla., has promoted Andy Jones to senior underwriter at its Michigan branch. Jones was a manager for four years with Enterprise Rent-A-Car and began as an …
March 6, 2009
A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of MEEMIC Insurance Co. in Michigan under review with positive implications. These rating actions are based on the announcement that …
March 5, 2009
The people at Chubb Insurance Group’s personal lines insurance unit, which serves people with above-average needs, have 10 new prospects right outside their window. Ten employees in the IT department of Chubb Commercial Insurance, in the building next to the …
March 5, 2009
Concerned about dwindling confidence in the impartiality of judges, the Supreme Court leaned this toward forcing elected judges to step aside from cases that would raise an appearance of bias if they took part. “Our whole system is designed to …
March 5, 2009
Auto Club Insurance Association, a Dearborn, Michigan-based insurer, reported it has agreed to acquire MEEMIC Insurance Co. and its insurance agency affiliate, MEEMIC Insurance Services Corp. ACIA is the second largest provider of auto insurance in Michigan based on net …
March 5, 2009
Louisiana homeowners paid the third-highest home insurance rates in 2006, while Mississippi was hit with the sixth-highest average bill for coverage, according to a report by a national group of state insurance regulators. Although the report is the first since …
March 4, 2009
Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a Feb. 3 order, Granholm asked …