ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties throughout the United States. ICM Syndicate 4242 will commence underwriting business on …
OneBeacon Insurance Group has acquired ownership of National Marine Underwriters, a yacht-specialty managing general agent with a 20-year history of writing recreational marine business. National Marine Underwriters will become a part of International Marine Underwriters (IMU), a division of OneBeacon …
Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL), a Program Administrator and MGA, introduces a new program for Real Estate Agents and Brokers Errors and Omissions. The program is being offered in most states and is underwritten …
Peter Mravlja of Decatur, N.Y., was officially sentenced subsequent to his plea of guilty to felony insurance fraud following a joint investigation into a suspicious fire at his dairy barn on April 20, 2003, according to state officials. Mravlja’s sentence …
Three Floridians who provided key information that led to the arrests of four individuals for insurance fraud totaling more than $35,000 earned $2,500 in rewards. The Department of Financial Services has awarded $94,000 as part of its Fraud Fighters Reward …
New York Attorney General Eliot Spitzer has notified four leading insurance companies that, under agreements reached with his office earlier this year, they may no longer pay “contingent commissions” to agents and brokers who sell automobile, homeowners and certain other …
Willis Group Holdings Limited named Grahame Millwater as chief operating officer of the Group. Millwater has been with Willis for 21 years and has served in several capacities. Over the past few months, Millwater has had a leadership role focusing …
ACE European Group (ACE) is warning that UK businesses are exposing themselves to unnecessary environmental liability risks, simply because they continue to view specialist insurance products as too expensive and overly complicated. Alongside a limited understanding amongst many UK businesses …
Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties throughout the United States. ICM Syndicate 4242 will commence underwriting business on …
Farm-state senators will make a last-ditch effort this week to pass agricultural disaster assistance, though it’s unlikely it will become law before the new year. North Dakota Sens. Kent Conrad and Byron Dorgan, both Democrats, pressured Republican leadership to take …
