United States News

Business Moves

Markel, Hiscox Insurer Markel acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction includes the rights to the American Live Stock and Harding & Harding …

Specialty Products Manufacturing: Multiple Opportunities for Injury

How Agents Can Help Clients Be Better Prepared and Mitigate Damages In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council. While the statistics reveal injuries from seemingly innocuous …

Syndicates – The Heart of the Market

Catlin, and Other Lloyd’s Syndicates As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their fortunes to back the risks accepted by the …

Business Moves

Palmer Miller Nelson, Keystone Insurers Group Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. In business since 1855, PMN was the first agency appointed by Ohio Farmers Insurance …

Eligibility for Preferred Risk Flood Insurance Pricing to Be Extended

Since 2008, many homes and businesses in the United States have been re-zoned on Federal Emergency Management Administration flood hazard maps from low to moderate flood risk areas into higher risk areas, and vice versa. Because of their reassignment into …

What to Watch in the World of D&O

Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with further changes ahead. Here …

Some Rezoned Flood Insurance Policyholders Get Price Break

The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in the United States have been rezoned on Federal …

What to Watch in the World of D&O

Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with further changes ahead. Here …

Arkansas Cracks Down on Counterfeit Insurance Cards

Eight of nine individuals alleged to have produced, bought or sold counterfeit proof of insurance cards for motor vehicles have turned themselves in as the result of warrants executed by the Arkansas Insurance Department. The charges were filed as part …

Best Affirms QBE US Subsidiaries Ratings; Upgrades Praetorian and NAU

A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Pennsylvania-based Praetorian Insurance Company and Minnesota-based NAU Country Insurance Company. Both are operating companies …