July 8, 2002
State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes after the Bloomington, Ill.-based insurer …
July 8, 2002
Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ comp. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages …
July 4, 2002
Employers Insurance Company of Nevada (EICN) has acquired California-based Fremont Compensation Insurance Group’s book of business, effective July 1. Fremont Comp is a wholly-owned subsidiary of Fremont General Corporation. Nevada-based EICN acquired the renewal rights to the ongoing book of …
June 28, 2002
The California Department of Insurance (CDI) has served a cease and desist order to Clarence Joseph Hall a/k/a Joseph Hall a/k/a Joe Hall of Harbour Special Events, Harbour Entertainment & Sports, Harbour Sports & Entertainment, Harbour Protective Insurance Services, Harbour …
June 21, 2002
State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes after The Bloomington, Ill.-based insurer …
June 12, 2002
PREVENTION INSURANCE COMPANY has acquired for restricted stock an 80 percent controlling interest in privately held Pacific Western Insurance of Seattle. Pacific Western Insurance, founded in 1993, is a wholesale broker of property and casualty insurance which brokers insurance through …
June 10, 2002
Nuts & Bolts: Rural Special Districts Insurance Service is offering a program for water, sewer and irrigation districts. Premier program for entities involved in water treatment or distribution. Brokerage business. Endorsements—Multiple Rural Water Associations. Dollars: Policy limits of $11M liability, …
June 10, 2002
Like most insurance companies, the soft market took its toll on Safeco. While the property and casualty side of the business continued to suffer losses that resembled the gross national product of some Latin American countries, the board of directors …
May 13, 2002
Nuts & Bolts: O’Donovan & Associates Inc. is offering a program for mechanized timber harvesting—Auto, GL, Prop, Umb. Endorsements—Loggers. Available on an appointment-only basis. Dollars: Policy limits of $1,000,000, deductibles vary. Carrier: Royal & SunAlliance. Rated States Available: Ala., Ark., …
April 29, 2002
Federal agriculture officials are looking at the possibility of a national insurance program to permit ranchers to insure both pasture and rangeland against losses resulting from drought and other disasters, according to the Associated Press. Currently, a pilot program in …