Vermont News

Conn. caught up in coastal insurance shutter controversy

Connecticut Insurance Commissioner Susan F. Cogswell and Andover Insurance Company agreed to suspend for 90 days the implementation of a department decision allowing the insurer to cancel the policies of homeowners who fail to install storm shutters. The moratorium, which …

New Markets

Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted and independent long term care (LTC) facilities across America. …

TD Banknorth Agency Promotes 5

Maine-based TD Banknorth Insurance Agency, Inc. announced several personnel moves, including the promotion of Ellen L. Dupuis to senior vice president in the Personal Insurance Division in South Portland, Maine. As a product line/profit center manager, she will continue to …

Insurer ProMutual Offers Captive-Like Option to Medical Facilities

ProMutual Group, a provider of medical malpractice liability insurance in the Northeast, recently launched ProSolutions Insurance Company, an alternative capptive-like insurance entity designed to assist medical facilities and groups in controlling the cost of their insurance premiums. ProSolutions is meant …

Arrowhead Offers Not for Profit Organization D&O Liability

Arrowhead General Insurance Agency Inc. is offering a new not-for-profit directors and officers program designed to insure small to medium IRS tax-exempt 501(c)3 and 501(c)4 organizations. The program is through RLI Insurance Co., an admitted “A+” rated carrier by A.M. …

Shutter Diplomacy: Conn. Regulator Plans Coastal Insurance Forum

Connecticut Insurance Commissioner Susan Cogswell plans a public forum on Sept. 21 to air concerns over availability of property insurance in the state’s coastal areas. The forum is being called following reports of tightening insurance availability and the actions of …

McGowan Joins Beecher Carlson Executive Liability Team in N.Y.

Insurance broker Beecher Carlson has expanded its New York Executive Liability team with the addition of Michael McGowan as producer. Prior to joining Beecher Carlson, McGowan served as national sales and marketing manager for NWI Investigative Group, Inc. McGowan also …

Glenn

Former Executive Director A ‘spirited’ Kentucky wants make up ground in the race for captives Glenn Jennings replaced Martin J. Koetters as Executive Director of the Kentucky Office of Insurance in April 2005. In June of this year, Jennings himself …

New Markets

Insurance Agents E&O Nuts & Bolts: London American Professional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for agencies with gross written premiums between $5 million and $250 …

James J. Donelon, Louisiana, Commissioner of Insurance

With his state still in recovery mode after last year’s Hurricanes Katrina and Rita, Louisiana Commissioner of Insurance Jim Donelon is arguably one of the busiest state insurance regulators in the U.S. While hurricane-related issues command the bulk of his …