Navigators Insurance News

Navigators Group Reports Net Income Up 21% in Q3

The Navigators Group Inc. reported net income was up 20.9 percent to $22.0 million for the third quarter compared to $18.2 million for the comparable period in 2015. Operating earnings were $21.1 million compared to $20.3 million in 2015. The …

Schinnerer Expands Builders Risk Program

Victor O. Schinnerer & Company, an underwriting manager, has expanded its Builders Risk program to now include coverage for commercial construction and commercial and residential remodeling. Brokers can now quote and issue a builder risk policy using Schinnerer’s online broker …

N.J. Couple Charged With Allegedly Pocketing $1.8M in D&O Premiums

A Central New Jersey couple that ran a now-defunct insurance brokerage firm has been charged with allegedly conspiring to steal nearly $1.8 million by failing to remit insurance premiums to eight insurers. The 27-count state grand jury indictment was announced …