March 15, 2007
Merck & Co.’s painkiller Vioxx contributed to an Idaho postal worker’s heart attack, a jury in Atlantic City has ruled, reversing the verdict in the man’s first trial and hitting Merck with a total of $47.5 million in damages. In …
March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, an insurance policy covering weddings. The Wedding Protector Plan provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. …
March 12, 2007
S.C.’s Richardson: Expand wind pool ‘a little’ along with tax breaks South Carolina’s new state insurance director rejected calls for the broad expansion of the state’s wind pool program that offers coverage for hurricane-prone areas as called for by some …
March 12, 2007
Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …
March 12, 2007
A.M. Best Co. has upgraded the issuer credit rating to “bbb+” from “bbb” and has affirmed the financial strength rating of B++ (Good) of Tunisia’s B.E.S.T. Reinsurance with a stable outlook. . “The ratings of BEST Re reflect the rating …
March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently launched Wedding Protector Plan, which provides coverage with no deductible for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane causes the necessary and …
March 12, 2007
A.M. Best Co. has assigned a financial strength rating of “B++” (Good) and an issuer credit rating of “bbb+” to the United Arab Emirates SALAMA Islamic Arab Insurance Co. (P.S.C.) with a stable outlook. “The ratings reflect the company’s strong …
March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently launched Wedding Protector Plan, which provides coverage with no deductible for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane causes the necessary and …
March 12, 2007
South Carolina’s new state insurance director rejected calls for the broad expansion of the state’s wind pool program that offers coverage for hurricane-prone areas as called for by some legislators. He said a move such as that would cost many …
March 12, 2007
Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …