Cincinnati Financial Corp. recently announced that its lead property casualty subsidiary, The Cincinnati Insurance Co., has launched operations in New Mexico on September 27th with the appointment of its first independent agency in that state. Albuquerque-based Western Assurance Corp. was …
Alabama, California, Montana, Rhode Island and Washington will begin requiring insurance companies to file annual statement data as part of a growing effort to make market conduct exams more efficient that now includes 30 states. The 30 states require companies …
Venice, Fla.-based First Guard Insurance Co., will begin writing business direct in North Carolina and New Jersey effective Jan. 1, 2008. Currently, FGIC is licensed in twenty-three states, primarily concentrated east of the Mississippi. The insurer specializes in coverage for …
Gov. Mike Easley declared Spruce Pine, N.C. a state disaster area to help offset damages caused by a series of fires Aug. 4 and Aug. 5, making the town eligible for financial assistance. More than 50 businesses were significantly impacted …
Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. . “We are looking forward to entering Minnesota because of the substantial growth opportunities the state provides for our …
With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …
Private Schools (K-12) Nuts & Bolts: Markel Insurance Co. is an admitted, “A” -rated carrier that insures private K-12, Montessori, charter, trade/vocational, business, and correspondence schools. Available coverage includes general liability, umbrella, sexual abuse/molestation, corporal punishment, educators’ liability, sports liability, …
Alabama ceiling “It’s horrible. Rates have gone through the ceiling.” — Fort Morgan, Ala., builder Greg Miller who said he paid $22,000 in coverage on four condo units before Katrina and now pays $108,000 on his units for less coverage. …
The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone in Paramus, N.J. Other officers include Vice President, …
Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage available includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and …
