A New Hampshire couple sued for negligence after their son molested children they were babysitting does not have coverage under their homeowners policy that has a sexual molestation exclusion, the New Hampshire Supreme Court has ruled. The Oct. 13 Supreme …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from B++ (Good) and assigned issuer credit ratings (ICR) of “bbb-” to The Hingham Group and its members – Hingham Mutual Fire Insurance Company and its wholly …
Homeowners and businesses are finding it harder to afford, or even obtain, insurance in coastal states after catastrophes such as Hurricane Katrina, and global warming is going to make the situation worse, according to a report released by a nonprofit …
High wind and heavy surf hit parts of the Northeast U.S. coast as the remnants of Hurricane Noel blustered northeastward across the open Atlantic. The wind and rain caused some coastal flooding, brought down tree limbs and knocked out power …
AmWINS, London American General AmWINS Group Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency Inc. Based in San Diego, Calif., London American is a managing general agent and program underwriter …
Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …
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 Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for …
Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for propane, petroleum and fuel oil distributors. Coverages includes property, inland, commercial general liability, business auto and umbrella liability. p:Dollars: Up to $5 million. p:Carrier: Rated …
Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …
A New Hampshire lawyer who admitted to insurance fraud has been suspended for two years. The Supreme Court punishment was longer than one conduct committee recommended for James Grew, but much less than that suggested by the state’s Attorney Discipline …
