February 3, 2010
The U.S. House of Representatives will vote next week on repealing the antitrust exemption for health insurers, but Democrats remained uncertain Tuesday on how to proceed on a broader healthcare overhaul. Senate Democratic leader Harry Reid and House Speaker Nancy …
February 1, 2010
The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and policy issuance system in Maine, Rhode Island, Vermont and South …
January 28, 2010
New Hampshire’s highest court has ruled that state lawmakers cannot raid $110 million in reserves from the Joint Underwriting Association, which underwrites medical malpractice insurance in the state. The Supreme Court decision, released this morning, upholds a lower-court decision that …
January 27, 2010
The parents of two children whose aunt carried them onto a highway where all three were struck and killed, have sued a psychiatric hospital for allegedly failing to properly treat the woman’s mental illness. Ken and Danielle Lambert of Brentwood, …
January 26, 2010
Maine-based insurer The MEMIC Group has promoted Karl Siegfried to assistant vice president, Loss Control and Safety Services. Siegfried continues to oversee all of The MEMIC Group’s loss control operations, including its safety training and customer service efforts. He joined …
January 25, 2010
New Hampshire is dipping into its savings — rather than a fund that underwrites malpractice insurance — for $80 million to close the books on the fiscal year that ended June 30. The state wanted to take $65 million from …
January 24, 2010
The Market Is Huge, but Some Independents Say It’s Difficult In business, change brings opportunity. And when it comes to the rapid wave of states that have recently legalized gay marriage, some see a marketing opportunity in selling insurance products …
January 24, 2010
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. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …
January 21, 2010
West Virginia may be on the path to helping municipalities pay for debris removal of abandoned buildings with insurance payments in a way that insurers can live with. The issue of how to pay for the cleanup has irked property …
January 19, 2010
Molly Lambert, former president of the Vermont Captive Insurance Association, has been appointed by the U.S. Department of Agriculture as rural development director for New Hampshire and Vermont. She was nominated for the post last year.