January 8, 2004
Florida State Sen. Steven A. Geller, recently elected president of the National Conference of Insurance Legislators (NCOIL), today named several leading state lawmakers as chair of key NCOIL committees and subcommittees in 2004. The appointees will serve until the end …
January 7, 2004
Boston-based ProMutual Group, the largest provider of medical malpractice insurance in New England, has commented favorably on the recent reaffirmation of its “A-” (Excellent) rating by A.M. Best. The bulletin noted that Best had said the rating is based on …
December 23, 2003
San Diego-based Wells Publishing Inc., publisher of the Insurance Journal (IJ) magazine and Online Daily Newsletter, has merged with the InsuranceTimes, a Boston-based insurance industry publication for the northeastern U.S. InsuranceTimes will be known as Insurannce Journal East, one of …
December 16, 2003
EdChoice, Schinnerer’s insurance program for small to mid-size colleges and universities, has added another line of coverage. General liability (GL) coverage for exposures such as corporal punishment, athletics or sports activities, abuse and molestation, host liquor, as well as limited …
December 15, 2003
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
December 12, 2003
The Alaska Division of Insurance’s proposed regulations regarding privacy of consumer financial and health information, while improved from the original proposal, are still not in sync with state law, according to the Alliance of American Insurers. Rey Becker, vice president …
December 4, 2003
A.M. Best Co. announced that it has downgraded the financial strength ratings to ‘B’ (Fair) from ‘B+’ (Very Good) of Bermuda- based Commercial Risk Reinsurance Company Limited and its U.S. subsidiary, Commercial Risk Re-Insurance Company of Burlington, Vt. Both companies …
November 3, 2003
A.M. Best has downgraded the financial strength ratings to “B+” (very good) from “B++” (very good) of Commercial Risk Reinsurance Co. Ltd., based in Bermuda, and its U.S. subsidiary in Vermont, Commercial Risk ReInsurance Co. Both ratings have been removed …
October 28, 2003
AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …
October 13, 2003
Faced with a hard insurance marketplace and eager to offer an alternative source of insurance to its current and prospective members, the National Burglar & Fire Alarm Association (“NBFAA”) recently turned to the law firm Buchanan Ingersoll PC for a …