November 16, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …
November 14, 2008
New York regulators have endorsed Consolidated Edison’s plan to swallow all the costs of a deadly explosion in midtown Manhattan and closed their investigation into whether the utility mismanaged its steam system. Under a settlement the New York Public Service …
November 13, 2008
Cleanup is continuing after an oil well explosion near Duncan, Okla., on Nov. 5 spewed petroleum product onto nearby homes. The explosion occurred at a well three miles west of Duncan. Ron Smith, a field supervisor for the Oklahoma Corporation …
November 11, 2008
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …
November 11, 2008
More than a third of drivers in Tippecanoe County, Ind. believe driving 20 mph over the speed limit is OK, and the rest have no qualms going 5 to 10 mph over the limit, a Purdue University researcher has found. …
November 7, 2008
A scrap metal yard near in Arkoma, Okla., near the border with Arkansas, remained closed after an artillery shell exploded, critically injuring an Arkansas man. Steve Fontenot, of Fort Smith, Ark., man was still in critical condition Nov. 5, two …
November 5, 2008
Arkansas Insurance Commissioner Julie Benfield Bowman and Medicus Insurance Company Chairman Howard Lamb announced that Medicus Insurance Company has been approved to write medical professional liability insurance in Arkansas. Medicus is a Texas domiciled insurance company specializing in providing medical …
November 5, 2008
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (ASI). Best also affirmed the ICR of “bbb” of ASI’s parent company, Bermuda-based American Safety Insurance …
November 5, 2008
Voters on Tuesday left their mark on the state political landscape, shifting the partisan control of state government in a dozen states. According to the National Conference of State Legislatures, Democrats gained control of both houses in four state legislatures–Delaware, …
November 2, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …