New Hampshire News

Severe Storm Kills 1, Damages Homes in Central New Hampshire

New Hampshire Gov. John Lynch declared a state of emergency in Belknap, Carroll, Merrimack, Strafford and Rockingham counties due to damage from severe weather and thunderstorms. The violent storms killed one person in the town of Epsom, demolished about a …

Redesigned New Hampshire Motor Vehicle Registrations Include Bar Code

New Hampshire is changing the looks of auto, truck and motorcycle registration documents. The new certificate will contain a bar code that will allow police or registration officials to copy registration information with a scanner, instead of having to write …

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

AIG, Vermont Mutual to Enter Mass. Personal Auto Insurance Market

Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe. But AIG is not alone. In addition, Vermont Mutual will begin selling personal auto insurance policies in the state …

K&K Insurance Offers Admitted Market for Sports & Rec Facilities

Fort Wayne, Ind.-based K&K Insurance Group Inc. is now offering commercial insurance coverage for venues, available on admitted paper, in all states through New Hampshire Insurance Co., a member of AIG, Inc. The new admitted offering includes: arenas and stadiums; …

Business Moves

Hudson Insurance, Hooghuis Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp.has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O) insurance. Hooghuis has been underwriting D&O business for Hudson and …

Insured Property Value in Coastal States to Double in 10 Years

In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …

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. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …

N.H. Flood Maps Outdated, FEMA-Sponsored Study Finds

Federal maps used by most New Hampshire communities to determine the scope of once-per-century floods are sometimes decades out of date. A study recommends updating them to steer development away from risky areas. “If you have a house you think …

Arbella Mutual Expands to N.H. and Conn. Commercial Lines Markets

The Arbella Insurance Group said it has received regulatory approval to offer commercial insurance policies in New Hampshire and Connecticut, doubling the number of New England states where the Massachusetts-based insurer sells commercial insurance. Arbella will begin selling commercial auto, …