North Carolina News

New Markets

Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …

Congress gets bipartisan bills to repeal insurance antitrust immunity

Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the Insurance Industry …

New Markets

Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …

Allied Small Habitational Risk Unit Serves 8 East Coast States

Allied Insurance Brokers, a managing general agency in Marriottsvile, Md. specializing in habitational accounts, has opened an underwriting unit targeting small to medium size apartment and condominium risks. This coverage is written as a Commercial Package Policy with enhancements, including …

People and Places

The Property Casualty Insurers Association of America named Cliston Brown as the organization’s director of federal public affairs. Brown comes to PCI after three years with the Independent Insurance Agents & Brokers of America where he served as director of …

It Figures

$520,000 The amount Citizens Property Insurance Corp. paid out in claims payments to policyholders affected by the Feb. 2 tornadoes in the first few days, according to the company. Tim Loftin, senior vice president of claims for Citizens, said the …

Business Moves

Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S. operations. The subject of a lengthy hearing last month, the proposed buyout awaits …

Figures

$520,000 The amount Citizens Property Insurance Corp. paid out in claims payments to policyholders affected by the Feb. 2 tornadoes in the first few days, according to the company. Tim Loftin, senior vice president of claims for Citizens, said the …

People The Property Casualty Insurers Association of America named Cliston Brown as the organization’s director of federal public affairs. Brown comes to PCI after three years with the Independent Insurance Agents and Brokers of America where he served as director …

New Markets

Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …