Operations News

Sloan Mason Offers Maritime Employer’s Liability Coverage

Sloan Mason announced it has new $1 million maritime employer’s liability capability, to be written in conjunction with workers’ compensation/United States Longshore and Harborworkers Compensation Act coverage for companies with marine and longshore exposures. The program is available in all …

Calif. Agent Sentenced for Grand Theft

A Southern California agent has been convicted of one felony count of grand theft and sentenced to serve jail time and pay full restitution to her victims for stealing more than $11,000 from her clients. According to California Department of …

Hanover Group Acquires Michigan-Based Professional Liability Carrier

The Hanover Insurance Group, Inc. has agreed to acquire a professional liability insurer, Professionals Direct, Inc., for $23.2 million. Professionals Direct is the Michigan-based holding company for the Professionals Direct organization, a provider of professional liability insurance for small and …

Gramercy Insurance Company Selects NetRate Systems Rating System

To Improve Efficiency and Speed with Commercial Lines Quotes ATLANTA, GA and OKEMOS, MI – NetRate Systems, Inc., a leader in Property & Casualty Rating and Applications software, announces an agreement to provide a Commercial Lines Rating System for Gramercy …

Ill. Associated Risk Managers Add New Board Members

Associated Risk Managers (ARM) recently announced the addition of three new members to their Board of Directors. The members are Robert E. Weaver, vice president, Jackson, Dieken & Associates, Westlake, Ohio and Past ARM chairman 2002-03; Kelly Shea, president, Landmark …

Sloan Mason Reduces Premium for Sewer & Water Main Contractors

Sloan Mason has reduced its premium for underground utility contractors, including sewer and water main construction companies. Minimum premiums have been reduced to $25,000 for workers’ compensation/general liability/auto combined. Umbrella limits up to $10 million are available. Coverage is provided …

Fla. Gov. Announces Climate Change Summit: Schwarzenegger to Speak

Gov. Charlie Crist announced California Governor Arnold Schwarzenegger as a keynote speaker at Florida’s global climate change summit. The two-day conference will be held in Miami, July 12-13 in Miamil. “At Florida’s climate change summit, we will begin working on …

RI3K Receives 5 ACORD Awards

London-based RI3K, which provides electronic trading services to insurers and reinsurers, received five awards at the recent 2007 ACORD Awards ceremony in Lake Buena Vista, Florida. RI3K won in the following categories: — International Implementation Award — ACORD Innovative Implementation …

10 N.Y. business protest ‘scaffold law’ as session nears end

Coalition urges Gov. Spitzer, lawmakers to end strict liability now 10 Maine insurer caught up in nationwide scam Scammers have latched onto an insurer’s name and logo – without permission 10 Storms of 2007 From Andrea to Wendy – the …

Despite Court Ruling, Ohio Slow in Determing Benefits for Injured Workers

Ohio says it didn’t begin recalculating benefits that could be due to almost 2,000 poor workers hurt on the job until this week despite a seven-month-old court ruling requiring such a recalculation. The inaction by Ohio’s insurance fund for injured …