October 20, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …
October 10, 2008
Construction deaths fell by nearly half in New York City last year after spiking the year before, according to a federal report released Monday. The Bureau of Labor Statistics figures came amid heightened concern about construction safety after a spate …
October 9, 2008
WKF&C Agency Inc. has added a new, nonadmitted insurance market rated “A-,” VIII by A.M. Best for package programs in Washington, Oregon and Alaska. Eligible classes include apartment buildings, habitational condominiums, co-op apartments, mercantile, office buildings and mixed habitational and …
October 9, 2008
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Bermuda-based Arch Reinsurance Ltd. and its reinsured affiliates. Best also upgraded the ICR to “bbb” …
October 9, 2008
A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating road work, new construction and repairs to homes and businesses that have stood empty since 2005. The city’s infrastructure plans …
October 6, 2008
20 Arkansas Gov. Mike Beebe added Craighead, Lawrence, Madison, Newton and Saline Counties to the list of state disaster declarations following damage caused by the remnants of Hurricane Ike on Sept. 13 and 14. The number of counties declared disaster …
October 6, 2008
Is It Worth Recommending to Valued Agency Clients? A client concerned about identity theft might consider moving to the Dakotas. It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and New York. All of these states reported …
October 6, 2008
Agents Must Expand Their Technology Horizon to Exploit the ‘Value Gap’ MarketScout presented its second eInsurance Symposium in Dallas, Texas, in September 2008. The symposium was preceded by hurricane Ike by a day and then the conference was held during …
October 1, 2008
Indianapolis-based Baldwin & Lyons, Inc. announced on October 1 that its subsidiary, Protective Insurance Co., has entered into an agreement with Paladin Catastrophe Management to produce casualty clash and workers’ compensation catastrophe reinsurance in the U. S. Martha Atwater, with …
September 30, 2008
Congress has shelved a $10.9 billion bill to provide health care for ground zero workers, partly due to opposition from New York City officials. Mayor Michael Bloomberg objected to a provision in the bill that would have required the city …