Vermont officials are looking to ride the latest wave in captive insurance company formations– companies looking to reinsure life insurance policies. The Vermont Department of Banking, Insurance, Securities and Health Care Administration has scheduled a Jan. 4 hearing in Montpelier …
Hub International Limited said it plans to accelerate its penetration of the transportation insurance market by acquiring Vermont-based Coburn Insurance Agency, Inc. The $9 million revenue broker has entered into a letter of intent with Hub International Transportation Insurance Services …
Unilever said that it is, in cooperation with the Food and Drug Administration, voluntarily recalling 1,000 jars of a variety of Ragu pasta sauce from North Carolina and 14 other states because the formula contains undeclared milk. People with an …
A State Farm Insurance Co. executive says the company is no longer offering wind coverage for new customers in Mississippi’s six southernmost counties and is reviewing whether to continue extending the coverage on renewals. Because the base hurricane deductible is …
The estate of NFL Hall of Fame center Mike Webster is entitled to collect more than $1.5 million in disability benefits because brain damage left him unable to work following his football career. The unanimous decision by a three-judge panel …
Two investigators with the North Carolina Department of Insurance, Chet Effler of Marion, N.C., and Martha Ann Ford of Chester, S.C., have been honored for their work on insurance fraud cases in 2006. Effler received an award from Travelers Insurance …
Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 …
Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is offered via a non-admitted “A” rated market …
Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …
Monoline Auto Classes, Small Commercial Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 new …
