Bermuda-based Ironshore Insurance Ltd. has been approved to provide property and catastrophe insurance on an excess and surplus basis for risks located in the State of South Carolina. Ironshore will provide commercial property and condominium coverages to “coastal exposed” businesses …
Mich.-based North Pointe Holdings Corp. today announced that it has entered into a purchase agreement to acquire all of Capital City Holding Company Inc.’s outstanding stock. In addition, the purchase of this property and casualty insurance holding company located in …
Residents on the South Carolina coast could see home insurance costs drop with a bill that received key approval Tuesday in the House. The legislation is part of Insurance Director Scott Richardson’s response to insurance rates rising as much as …
The London-based Cooper Gay Group announced that SC Insurance and Risk Services, SGPS, SA, a subsidiary of the Portuguese corporation Sonae SGPS, S.A., has agreed to terms for the acquisition of approximately 14 percent of Cooper Gay (Holdings) Limited with …
Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …
Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …
$100 million The dollar figure placed on an alleged nationwide workers’ compensation scam for which five men have been indicted. The investigation began in 2002 after the Florida Division of Workers’ Compensation issued a stop work order for failure to …
Insurance broker Marsh Inc. has appointed Rob McGinnis as the leader of its U.S. Consumer Business, which includes the U.S. operations of the firm’s Affinity, Program, and Private Client Services businesses. Previously, McGinnis was president and chief executive officer, Life …
Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of more than five. …
Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …
