Gov. Mike Easley has proclaimed May 20-26 as “Hurricane Preparedness Week” and urged all citizens to prepare for this year’s predicted increase in storm activity by assembling disaster preparedness kits and updating emergency plans. Hurricane season officially begins on June …
Furious pace “Despite the well-known vulnerability to hurricanes and rapidly escalating property values, coastal development in vulnerable areas continues at a furious pace. Adding billions of dollars in new insured exposure will further burden Florida’s already precarious property insurance market.” …
$10 million The insurance limit of the Lloyd’s of London policy covering the smile of America Ferrara, star of the TV show “Ugly Betty.” 79.97% The independent agency system’s commercial lines market share in 2005, according the annual report from …
Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …
Liberty Mutual, Ohio Casualty Boston-based Liberty Mutual Group has agreed to buy Ohio Casualty Corp. of Fairfield, Ohio, in a transaction valued at approximately $2.7 billion. Liberty Mutual will acquire all outstanding shares of common stock of Ohio Casualty for …
Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …
The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company of excessive physician rates. The department reviewed data prepared for the N.C. …
Allied Medical Organizations PL/GL Nuts & Bolts: Travis-Pedersen Associates Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to …
Errors & Omissions, Agents Nuts & Bolts: Insurance agents and brokers now have access to errors and omissions coverage, through Swiss Re’s Commercial insurance market. Swiss Re announced the launch of a non-admitted coverage for the members of the Independent …
Errors & Omissions, Agents Nuts & Bolts: Insurance agents and brokers now have access to errors and omissions coverage, through Swiss Re’s Commercial insurance market. Swiss Re announced the launch of a non-admitted coverage for the members of the Independent …
