Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …
The Property Casualty Insurers Association of America issued a bulletin stressing its disappointment with a decision by the Joint Standing Committee on Insurance and Financial Services in Maine not to support passage of reforms in the state’s insurance laws concerning …
The South Dakota Senate’s overwhelming approval of a bill to modernize the state’s property/casualty insurance rating system will lay the groundwork to attract new companies to the state. The Senate last week voted 33 to 2 in favor of S.B. …
Nuts & Bolts: Helix Insurance has a market for healthcare environmental liability. Dollars: $1 million per claim/$5 million aggregate. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-rated. Non-admitted market. States Available: Alabama, Arkansas, …
The workers’ compensation segment in Midwestern states is not immune to the broad trends in the line nationally — including poor combined ratios, escalating medical costs and severe underreserving — but no heartland state has a crisis as acute as …
Nuts & Bolts: AmTrust North America is offering a workers’ compensation market. Dollars: Minimum premium of $500. No deductibles. Carrier: Rated “A-.” Technology Insurance Co., Rochdale Insurance Co. Admitted market. States Available: Alabama, Arizona, Arkansas, Georgia, Illinois, Indiana, Kansas, Missouri, …
Community First Bankshares Inc., through its affiliate, Community First Insurance Inc., has acquired Arnold & Arnold, Inc., Littleton, Colo. Community First also has acquired an insurance book of business from Colorado Benefit Services Inc., Parker, Colo., in an unrelated transaction. …
Marietta, Pa.-based Donegal Group Inc. completed the previously announced acquisition of all of the outstanding capital stock of an affiliated company, Le Mars Mutual Insurance Co. of Iowa, following the conversion of Le Mars to a stock insurance company for …
North American Liability Group announced the appointment of David Tews to the NALG Board of Directors. Tews is president and CEO of JSC Trading, Inc., an International Affairs and Business Relations Group based in Washington, D.C. He is a former …
Two entities that were reportedly engaged in the motor vehicle service agreement business have been ordered to immediately cease operations, in Florida, and a licensed agent has been ordered to cease business related to the two entities. Warranty Gold, Ltd. …
