Access CoverageCorp Inc., the Charlotte, N.C. Internet-based business insurance technology and solutions provider, announced it raised $8 million in a second-round financing. The leader in this round was the global alternative asset management firm Capital Z Partners, which was joined …
Access CoverageCorp Inc., the Charlotte, N.C. Internet-based business insurance technology and solutions provider, announced that it has raised $8 million in a second-round financing. The leader in this round has been Capital Z Partners, a global alternative asset management firm …
The Independent Insurance Agents of America (IIAA) expressed its approval of the efforts made by a number of states to enact licensing reforms. IIAA State Government Affairs Committee Chairman Ronald A. Smith emphasized that such efforts are necessary in order …
National Interstate Insurance Company, a specialty transportation insurance writer and a subsidiary of Great American Insurance Co., introduced Calypso, a new rental captive insurance program for passenger transportation fleet risks. According to National Interstate, the program, designed with successful, mid-sized …
Catastrophe insurance specialist International Catastrophe Insurance Managers has entered the North Carolina market. ICAT Managers provides windstorm insurance to businesses operating in coastal areas that often lack adequate insurance protection. “North Carolina is a volatile market that has been battered …
InsuranceNoodle announced yesterday that it is licensed to sell insurance in California, bringing its total to 34 states and nine of the 10 largest states in which the online company is doing business. Licensing in Texas-the only large state remaining-is …
A North Carolina woman has pleaded not guilty to charges she helped Martin Frankel bilk insurance companies of more than $200 million. Sonia Howe, 41, of Charlotte, N.C., was arraigned in a New Haven Howe is described by prosecutors as …
Following sharp reserve strengthening on the California contractors business of First Financial Insurance Co. (FFIC), its financial strength rating (FSR) was lowered from “Api” to “BBBpi” by Standard & Poor’s (S&P). The rating action is also applicable to The Burlington …
NAPSLO Legislative Report: Surplus Lines Issues Covered at NAIC Meeting With the end of the year 2000 state legislative sessions and the U.S. Congress winding down its post-election lame duck session, legislative activity affecting the insurance industry has virtually ground …
