New Hampshire News

People

Kate Westover, vice president of Alternative Risk Financing at Innovative Captive Strategies, has received the 2009 Distinguished Service Award from the Captive Insurance Companies Association (CICA). Based in Colchester, Vermont, Westover has 20 years experience in the captive insurance industry …

Business Moves

BrickStreet Mutual Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says the West Virginia-based company plans to apply in those states over the next …

New Markets

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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …

AIG CEO Liddy: ‘I Need All The Help I Can Get’

The head of the nation’s most vilified corporation sat before irate lawmakers at a U.S. congressional hearing Wednesday and was assured, “We don’t intend to harass you.” Then the harassment began. Edward Liddy, chairman and chief executive of insurer American …

New Insurance Firm Launched in New Hampshire

Two insurance industry veterans have partnered to launch a new insurance and consulting firm in Bow, New Hampshire. The new firm, GL Insurance Partners, was launched by James Guerin and George Lagos. GL focuses on specialty commercial program business issues, …

Illinois, Michigan Among States Showing Declines in Auto Deaths

Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …

New Hampshire Might Double Small Claims Court Limits

New Hampshire’s House is considering doubling small claims court limits to $10,000. The bill would require mediation in cases where claims exceed $5,000. Supporters said raising the damages limit will allow people who can’t afford a lawyer to represent themselves …

Texas Workers’ Comp Div. Issues $169K in Fines in Dec.and Jan.

Texas Commissioner of Workers’ Compensation Rod Bordelon announced that disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) in December 2008 and January 2009 resulted in administrative penalties totaling $169,800. Commissioner’s orders are subject to …

Florida, Georgia Among States Showing Declines in Auto Deaths

Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …

Understanding the Appraisal Process

California Insurance Code requires the appraisal procedure to be contained in every policy containing fire coverage, and it is frequently found in other property and casualty policies. It is critical for all insurance agents to understand the appraisal process so …