Monthly Archives: <span>May 2006</span>

Insurance Issues Remain High on La. Legislative Agenda

With the scheduled adjournment date of June 19, Louisiana lawmakers will be taking action on several important issues in the next few weeks that have the potential of reshaping the state’s insurance marketplace, according to the Property Casualty Insurers Association …

Navigators Pro Introduces IPO Endorsement for D&O Policy

Navigators Pro, a division of Navigators Management Company, has introduced the IPO InNAVation coverage endorsement to its primary directors’ and officers’ (D&O) liability policy. IPO InNAVation increases security and certainty to directors and officers of corporations filing for an initial …

La. Workers’ Comp Insurer Stresses Workplace Safety for Young Hires

Summer is a peak hiring time for thousands of young workers, and Louisiana Workers’ Compensation Corporation (LWCC) is reminding employers of the importance of safety in the workplace for young hires. According to recent LWCC statistics, almost half of all …

OneBeacon Increases Options for Conn. Homeowners

Connecticut consumers and agents have a new option for insuring homes and belongings from OneBeacon Insurance. OneBeacon’s new homeowners policy is part of the company’s Web-based OneChoice suite of products, which also includes auto insurance for Connecticut drivers. Agencies will …

Iowa Judge Says Hidden Restroom Camera Case Can Proceed to Trial

An Iowa judge has sent a case involving an insurance agent accused of installing a hidden camera in a restroom to trial. The attorney for Robert Speirs had asked the court to throw out a charge of misdemeanor invasion of …

NIP Expands Landscapers’ Program to Snow Removal in 6 States

NIP Programs, a division of NIP Group, Inc. in Woodbridge, N.J., is expanding eligible snow and ice removal exposures for its industry-leading LandPro TreePro program effective immediately. This broadened eligibility is available in six states: Connecticut, New Jersey, Oregon, Colorado, …

Philanthropic Agency GoodWorks of Mass. Opens in Conn.

GoodWorks Insurance, LLC, a Massachusetts insurance agency that promises to donate 50 percent of its profits to local charities, has expanded into Connecticut with a branch office in Granby. The Granby agency, located at 33 Hartford Avenue, will provide consumers …

Berkshire Hathaway Completes Acquisition of Applied Underwriters

Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm — and all of its subsidiaries including its North American Casualty insurance companies. “As anticipated, our new relationship with Berkshire Hathaway is generating …

ACE USA Launches Excess Casualty Corporate Risk Product

ACE USA, the U.S. based retail operating division of the ACE Group of Companies, has launched a new Excess Casualty Corporate Risk product. The ACE USA Excess Casualty Corporate Risk product offers umbrella liability coverage to small and medium-sized U.S. …

Barbagallo In at Progressive’s Drive; Bauer Out at Direct

The Progressive Corporation has appointed John A. Barbagallo as the new president of the company’s Drive Group of Insurance Companies and also announced that the president of its Direct Group is leaving the company. Barbagallo, 46, who joined the company …