Terrorism Insurance Nuts & Bolts: Hiscox USA is now providing terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, New York headquarters. Hiscox USA, a new operation for European specialist …
18.4% The workers’ compensation loss costs increase approved for businesses in South Carolina effective Dec. 1, 2006. An administrative judge reduced the 33 percent increase recommended by the National Council on Compensation Insurance. 43% The top percentage rate reduction available …
Crisis in S.C. “The costs associated with the workers’ compensation system are increasing at a faster rate than in other states. That, coupled with the large assessment for the Second Injury Fund, creates an unstable environment for workers’ compensation insurance. …
Narragansett Bay, Hanover Narragansett Bay Insurance Co., a member of Pawtucket Insurance Group, has agreed to take over the Rhode Island homeowners insurance business of Hanover Insurance Co. The transaction involves approximately 1,500 Rhode Island homeowners represented by 72 independent …
Pat Arthur, a partner in the Dallas insurance and risk management firm McQueary, Henry, Bowles, Troy, has been appointed president-elect of the Independent Insurance Agents of Dallas. He will be responsible for overseeing the day-to-day operations for the IIAD, in …
Terrorism Insurance Nuts & Bolts: Hiscox USA, U.S. subsidiary of Hiscox plc, now provides terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, N.Y. headquarters. Dollars: Up to $50 million. …
Corporate Identity Theft Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa., a member of American International Group Inc., released AIG Corporate Identity Protection, a new insurance policy designed to protect small and mid-sized companies from financial exposures …
The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J. Wilson, currently president …
The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J. Wilson, currently president …
Crisis in S.C. “The costs associated with the workers’ compensation system are increasing at a faster rate than in other states. That, coupled with the large assessment for the Second Injury Fund, creates an unstable environment for workers’ compensation insurance. …
