National News

UCPM Environmental Launches Program for Indoor Air Quality, Mold Liability

UCPM, Inc., an environmental insurance provider, has partnered with Great American Insurance Co. to offer the IAQ Advantage package for indoor air quality and mold liability coverage. This online program targets real estate locations including apartments, condos, hotels, offices, and …

Specialty Insurance Group Increases Casualty Capacity to $25M

Specialty Insurance Group (SIG) has increased its excess/umbrella coverage underwriting capacity to $25 million, an increase of $15 million. SIG provides specialty insurance programs in the sports, leisure and entertainment industries. According to SIG, an affiliate of Everest Re Group, …

The Hartford Names Sprague to Lead Personal Lines

The Hartford Financial Services Group has named Ray Sprague executive vice president, Personal Lines, effective immediately. Sprague will report to Doug Elliot, president of The Hartford. He is based in the company’s Hartford, Connecticut, headquarters.

New ISO Cyber Endorsements for Small, Medium Businesses Now Available

ISO’s new cyber insurance coverage options for small and midsize businesses became available March 1. The optional cyber endorsements are for use with the ISO Businessowners Program, a package policy used by insurers to provide broad property and liability coverage …

High Stakes in Today’s Supreme Court Case on Obamacare Subsidies

U.S. hospital companies and health insurers face the highest corporate stakes when the Supreme Court hears arguments Wednesday to decide the fate of Obamacare’s subsidies that help people buy health coverage. Since the law’s 2010 signing, shares of HCA Holdings …

Crop Insurance Guarantees to Drop: Analysts

Crop insurance price guarantees for U.S. corn, soybeans and spring wheat in 2015 will fall 10 percent or more based on futures settlement prices for February, grain analysts said on Friday. The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA), which oversees …

Who Is Tough Enough for a Conference in Wintry Boston?

It was 78 degrees and sunny yesterday when Tammy Perdue was packing her suitcase and the local forecast called for more of the same all week. Perdue, general counsel for Associated Industries of Florida (AIF) in Tallahassee, is on her …

Internal Corporate Whistleblowers Swayed by Protections, Not Pay: Study

Offering monetary incentives does not necessarily influence whistleblowing behavior and might even discourage internal reporting, according to new research. Researchers at North Carolina State University and Bucknell University found that while strong anti-retaliation policies can encourage employees to notify internal …

Schinnerer Names Telez, Collins to Senior Posts in Professional Liability

Specialty underwriting manager Victor O. Schinnerer & Co.has made two senior appointments in its professional liability line. Jill Tellez has joined the firm in the newly created position of senior vice president, Professional Liability leader. In this new role, Tellez …

Insurance Journal, Channel Harvest Launch Survey on Agent-Carrier Relationships

Channel Harvest Research, in partnership with Insurance Journal, is conducting its 2015 national survey of agents’ attitudes about their carrier partners. This is the seventh annual study on key aspects of the property/casualty independent agent-carrier relationship. Agents and brokers have …

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