Insurance Company of the West has announced it will offer admitted stand-alone property terrorism coverage for most states around the country. Additional states, including New York, New Jersey, Vermont, Connecticut, Deleware, Maine, Massachusetts, New Hampshire and the District of Columbia …
AutoOne Insurance, a division of OneBeacon Insurance Group, announced that, pending regulatory approvals, AutoOne plans to expand its LAD (Limited Assignment Distribution) services to Arizona, Colorado, Montana, Nevada, New Mexico, Oregon, South Carolina, Idaho, Utah, Washington, West Virginia and Wyoming. …
A federal jury last week awarded Vermont’s insurance commissioner $119.9 million to distribute to creditors of the Ambassador Insurance Co., which failed more than two decades ago. The verdict, which came after less than a day of deliberations, is the …
Volunteer firefighters in Vermont say they were inappropriately left out of a new law that gave their full-time, professional colleagues benefits that they believe they also deserve. Passed on the final day of the session, the firefighter protection act rewrites …
AutoOne Insurance, a division of OneBeacon Insurance Group, has written its 100,000th so-called “take-out” policy, helping to reduce the number of drivers in the New York Assigned Risk Automobile Insurance Plan. “We are thrilled to have reached this milestone,” said …
Mike Miller OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer. Miller replaced John Cavoores, who left the company …
Vermont Gov. James Douglas has signed into law a bill to financially protect firefighters who suffer heart attacks in the line of duty. The measure, which took effect upon signing, ensures that firefighters who suffer work-related heart disease receive workers’ …
OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer. Miller replaced John Cavoores, who left the company for personal …
MASSACHUSETTS Marsh Clients Urged to Hold Off: Massachusetts insurance customers of insurance broker Marsh & McLennan are being urged to hold off on agreeing to the broker’s proposed settlement by the state’s attorney general. Attorney General Tom Reilly has mailed …
TD Banknorth Inc. (NYSE: BNK) and Hudson United Bancorp (NYSE: HU) announced Tuesday that they have signed a definitive agreement for TD Banknorth to acquire Hudson United for approximately $1.9 billion in cash and TD Banknorth stock. “This acquisition is …
