New Hampshire News

Safety Insurance Expands Auto, Home Offerings to New Hampshire

Safety Insurance Group, Inc., a provider of auto, home and business insurance in Massachusetts, recently announced that it will begin offering personal auto and homeowners insurance to New Hampshire residents. According to industry data, the New Hampshire personal lines Insurance …

BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms

Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …

People

Hospitality Mutual Insurance Co. in Westborough, Mass., named John W. Tympanick president and chief executive officer. He has also been appointed to the company’s board of directors. Hospitality Mutual, a mutual insurance company serving the hospitality industry, replaced the Liquor …

Regulatory Backlash?

Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline industry to …

AIG Commercial Insurance Battles Back

Execs Say Balance Sheet, Underwriting Appetite Remain Strong as Ever Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob Schimek The very strengths in its balance sheet, surplus, underwriting and personnel that have made the …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

AIG Commercial Insurance Unit Financially Fit and Fighting Back

The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the parent company struggles with its financial crisis, …

Donegal Insurance Reports 3Q to Reflect Hurricane, Securities Events

Marietta, Pennsylvania-based Donegal Group Inc. reported that its net income for the third quarter of 2008 will reflect realized investment losses related to its equity securities and claim activity resulting from Hurricane Ike in Ohio and western Pennsylvania on September …

Declarations

Federal vs. state—AIG “This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding company under the jurisdiction of a federal …

State Regulators Blast Federal Regulation Advocates Over AIG

State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation. The state regulators spoke out …