March 12, 2007
Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, an insurance policy covering weddings. The Wedding Protector Plan provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. …
March 8, 2007
A string of spring storms across the Midwest caused American Family Insurance Co. to pay a record $1.1 billion in storm losses last year. Other insurers, including the nation’s largest insurer, State Farm Insurance, paid out less in storm claims …
March 8, 2007
Managing General Agency J.M. Wilson has announced that it has added Wendy Loveless as manager in its Personal Lines department in their Portage, Mich. location. Loveless will oversee the day-to-day operations of the Personal Lines department, and serve the needs …
March 6, 2007
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during January. The actions include nine license revocations, two license denials and fines and restitution totaling $887,707. Copies of Geeslin’s orders may be obtained …
February 26, 2007
Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …
February 26, 2007
Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss …
February 26, 2007
James W. Good, executive vice president of trucking industry insurer Baldwin and Lyons Inc. and president of its subsidiary insurance company, Protective Insurance Co., announced he will retire from the company in May 2007, after 42 years of service. Following …
February 26, 2007
Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …
February 26, 2007
A new policy prohibits Wisconsin legislative employees from taking home documents that contain sensitive personal information. The change in policy, enacted Feb. 5, comes after insurance documents containing the names, addresses and Social Security numbers of state Assembly members and …