United States News

Nautilus Insurance Group Receives Awards from the American Association of Managing General Agents

Scottsdale, Ariz. – June 9, 2009 – Nautilus Insurance Group, comprised of Nautilus Insurance Company (“Nautilus”) and Great Divide Insurance Company (“Great Divide”), member companies of W. R. Berkley Corporation, was recognized with community service, advertising and marketing awards at …

Swiss Re Enters Lead Umbrella Market in U.S.

Swiss Re reported it is now offering lead umbrella insurance coverage to retail brokers and risk managers in the United States. The umbrella coverage from Swiss Re’s Industrial Risk Insurer (IRI) is available on an admitted basis in 46 states …

NIP Expands Contractors’ Program Into 9 New States

Woodbridge, N.J.-based NIP Programs, a division of NIP Group Inc., is expanding coverage for its SitePro insurance program into nine new states. The SitePro program is a specialty insurance program designed specifically for excavation, site preparation, land improvement, grading of …

Katz Named CEO of American Agricultural Insurance Co.

The American Agricultural Insurance Company (AAIC), based in Schaumburg, Ill., has appointed Janet S. Katz as the company’s new executive vice president and chief executive officer, effective July 1, 2009. Katz is a 20-year veteran of AAIC. She joined the …

Universal Insurance Holdings To Purchase ICAT Specialty Insurance

Universal Insurance Holdings of North America and ICAT Holdings LLC of Boulder, Colo., have received regulatory approval that completes Universal North America’s purchase of ICAT Specialty Insurance Co. (ISIC). Under the terms of the agreement, Universal North America will acquire …

Ratings: US Liability, Commercial Casualty, Stonetrust, Continental American, Prime Group, American Agri

A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of United States Liability Insurance Group and its members. The outlook for all of the ratings is stable. The ratings reflect US …

MBA in Insurance Approved at Olivet College in Michigan

The Higher Learning Commission (HLC) of the North Central Association of Colleges and Schools has approved a Master of Business Administration (MBA) in Insurance degree program at Olivet College in Olivet, Mich. The HLC extended the college’s accreditation to include …

Irwin Picked to Manage New FNBB Insurance Agency

First National Bankers Bankshares Inc., based in Baton Rouge, La., has hired Delvan Irwin to the position of senior vice president for its newly-established FNBB Insurance Agency LLC. Irwin brings 20 years of experience in the insurance and financial services …

Wedding Insurance Gets Another Look in Tough Times

Fantasies of the perfect wedding never included banquet halls going bust or lovebirds losing their jobs. But a calamity can sneak up on you while you’re consumed with creating your dream day, especially during a recession. For couples who plan …

Western United to Offer Pay-As-You-Drive Insurance in Nevada

Western United Insurance Co., which also does business as AAA Nevada Insurance Co., will be offering pay-as-you-drive auto insurance in Nevada. According to the Nevada Division of Insurance, which approved the rate filing, the “usage-based” auto insurance will use mileage …