Arsonists’ handiwork has dominated headlines in the past several months. Earlier this year, in southeast Pennsylvania, an alleged group of firebugs torched dozens of buildings in one community before being caught. In rural New Hampshire, a man was charged with …
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. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …
Due to budget cuts, the state of New Hampshire has laid off eight full-time fire tower wardens and has offered them part-time work, and only on days when the risk of fire is greatest. Brad Simpkins, interim director of the …
Eight employees from Jacksonville, Fla.-based The Main Street America Group received the company’s highest honor when they were recently inducted into its Circle of Excellence. The winners were selected for their individual efforts in going “above and beyond” while helping …
Quality claims handling is the most important factor to independent agents in evaluating an insurer, according to a recent survey of 450 agents conducted by the Professional Insurance Agents Associations (PIA) of Connecticut, New Hampshire, New Jersey and New York …
Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau. While it’s too soon for statistics to confirm whether recent events like the mortgage …
The Boston office of risk and reinsurance specialists Guy Carpenter & Co. has appointed five new five new senior brokers. Kathleen McCann has been named managing director. She joins Guy Carpenter from Aon Benfield, where she served as senior vice …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a” of The Hartford Steam Boiler Group and its members (together, known as HSB Group). All …
The financial strength rating of Manchester, New Hampshire-based MEMIC Indemnity Co. as well as its Maine-based parent company have been upgraded by A.M. Best Co. MEMIC Indemnity is now rated “A” (Excellent), up from a previous rating of “A-” (Excellent). …
An national advocacy group is urging lawmakers in Maine to create an insurance fraud bureau. The Pine Tree State, according to the Coalition Against Insurance Fraud, has the highest per-capita rate of insurance fraud in America and should act to …
