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. Contractors Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services Inc., is …
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. Hackers Nuts & Bolts: Coverage for unauthorized access to electronic communication systems (hacker) is being …
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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is offering …
ASPN (Agency Specialty Product Network) announced it is expanding its regional territories from seven to 11 in the U.S. In addition to the five curent ASPN regional vice presidents, ASPN has added five new regional vice presidents to further increase …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Chicago’s Celtic Insurance Company under review with negative implications. The action follows the announcement that St. Louis-based Centene Corporation …
Vermont officials are hoping against a quick warm-up for fear that fast melting of Vermont’s deep snow pack could trigger flooding. One potential trouble spot is the Deerfield River in Wilmington, where the town has placed a crane by the …
When long-time regulator Leonard Crouse retires as deputy commissioner of the Vermont Captive Insurance Division in June, David F. Provost will step up to the post. Provost is an assistant chief examiner in the division who has risen in the …
Florida ranks the worst in terms of tort costs and litigation risks, while North Dakota ranks the best. In a separate ranking, Colorado has the best tort laws on its books, while Rhode Island has the worst. The free-market think …
Fitch Ratings has downgraded CIFG to ‘AA-‘ from ‘AAA’ and kept the ratings on Rating Watch Negative. The downgrade affects the Insurer Financial Strength (IFS) ratings for CIFG Guaranty and affiliates – CIFG Guaranty; CIFG Assurance North America, Inc.; CIFG …
The Internal Revenue Service (IRS) has dropped plans to change the way that captive insurance companies are taxed. U.S. Senator Patrick Leahy, D-Vt., and U.S. Rep. Peter Welch, D-Vt., said that the IRS informed them it has decided to withdraw …
