May 7, 2007
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: …
May 7, 2007
$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 …
May 7, 2007
My New Markets 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 …
May 7, 2007
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 …
May 7, 2007
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 & …
May 3, 2007
Only those who’ve become sick through exposure to asbestos would be able to sue companies that used the material, under a bill signed into law by Ga. Gov. Sonny Perdue. The new law would require a person filing a claim …
May 1, 2007
The Main Street America Group announced today the launch of its Personal Auto MVP (multivariate program), a rating program designed to provide greater pricing flexibility for the super regional property-casualty insurance carrier’s new personal auto policies. Personal Auto MVP has …
April 27, 2007
With claim costs continuing to rise in South Carolina, the National Council on Compensation Insurance (NCCI) is recommending that the workers compensation loss cost level be increased by 23.7 percent. “This news highlights the need to reform the state’s workers …
April 24, 2007
Montgomery Insurance, a member of Liberty Mutual Group, has named Nancy Newmister, regional vice president, Charlotte, N.C. Region. In addition to her new appointment, Newmister will continue, in the interim, as corporate underwriting vice president for Montgomery Insurance. Newmister will …
April 23, 2007
Gov. Sanford, employers disappointed in S.C. reform The South Carolina Senate has passed workers’ compensation reform legislation but many observers are not impressed and hope the House will do a better job. The bill, S. 332, is now in the …