July 30, 2007
Merchants Mutual Insurance Co. reports that its recently formed subsidiary, Merchants Preferred Insurance Co., is now accepting business in New York, effective Aug. 1. Merchants Preferred is a wholly-owned subsidiary of Merchants Mutual Insurance Co. Merchants Preferred targets preferred risk …
July 27, 2007
Central Insurance is re-entering the Massachusetts commercial auto insurance marketplace after a 17-year absence. Since 1990, Central has been a commercial lines only insurer in Massachusetts, writing primarily commercial package, umbrella and workers’ compensation, but not auto. Now agents who …
July 27, 2007
The New Hampshire Civil Liberties Union says requiring $1 million in insurance to hold events on public property in Jaffrey violates constitutional free speech rights. The civil liberties union has taken issue with the town’s new insurance requirement. The group …
July 25, 2007
A New Jersey state senator has reached a $1.175 million settlement with a pedestrian who was critically injured by his vehicle two years ago in Jackson. Lawyers for state Sen. Robert W. Singer and the pedestrian, Barbara Sara, agreed to …
July 25, 2007
U.S. Reps. Melissa Bean, D-Ill., and Ed Royce, R-Calif., have reintroduced their National Insurance Act of 2007, the so-called optional federal charter bill that proposes letting insurance companies choose federal over state regulation. The Royce-Bean bill is similar to Senate …
July 24, 2007
Most insurance companies doing business in New Hampshire base their customers’ insurance rates partly on their car loans, credit card balances and other debt. Five years ago, the state Insurance Department adopted rules for insurance companies to follow in using …
July 23, 2007
‘Unfunded’ mandate “Here in New Hampshire, we pride ourselves on being frugal, and here in New Hampshire, we pride ourselves on respecting the privacy of our neighbors. We are not about to be coerced into an unfunded mandate, especially one …
July 23, 2007
Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …
July 23, 2007
Vacation Income Property Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a trust, …
July 23, 2007
Vacation Income Property Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a trust, …