Yearly Archives: <span>2008</span>

Insurors Group Adds Rio Grande Valley-based Shepard Walton King

Insurors Group LLC has added Cameron Investment Company Inc., dba: Shepard Walton King Insurance Group, located in McAllen and Harlingen, Texas, as one of its members. Shepard Walton King Insurance Group was formed in 1995 when Bob Shepard, Neal King …

HSB InSight Addresses Inadequate Business Property Valuations

The Hartford Steam Boiler Inspection and Insurance Co. (HSB) is now offering HSB InSight, a new insurance-to-value (ITV) service designed to help insurers address inadequate valuations for business personal property and buildings that cost insurers millions and put policyholders at …

Flooding in Indiana Breaks Records Set in Great Flood of 1913

Flooding that’s swamped cities across central and southern Indiana is breaking records set during the state’s most devastating flood in modern times, a deluge that became known as The Great Flood of 1913. That March 1913 flood inundated dozens of …

Navigators Group Launches Umbrella Unit; Jonas Named V.P.

Specialty insurer The Navigators Group, Inc. reported that its Navigators Management Co. has launched a new umbrella business unit to be known as NAV PAC Umbrella and Excess. NAV PAC focuses on commercial accounts produced by retail insurance agents. Claudia …

Iowa Storms Yield $160 Million in Insurance Claims

Storms that hit Iowa during the Memorial Day weekend have led to about $160 million in claims, according to an insurance information company. The New Jersey-based Insurance Services Office’s property claims unit estimated about 10,000 claims have been filed with …

AmWINS Introduces Commercial Auto, Trucking Programs

Burlington, N.C.-based AmWINS Transportation Underwriters launched several new insurance programs for the trucking and commercial auto industry. These national programs include coverage for truck broker’s contingent liability, truck broker’s contingent cargo and workers’ compensation. ATU partnered with the Small Business …

Food Safety Fears Rising in U.S. as Tomatoes Become Latest Scare

Whether it’s Salmonella in tomatoes or E. coli-tainted spinach, outbreaks of food-borne illness are scaring people away from some foods and shaking their confidence in U.S. food safety procedures. “Food in the U.S. is all kinds of unsafe,” said Arjuna …

British Regulator Warns Against Rushing New E.U. Insurance Rules

New European Union rules that shake up how insurers offset risk and protect policyholders must not be rushed despite a 2012 deadline, a senior British regulator said on Tuesday. European Commission proposals known as Solvency II are before the European …

N.H. Chief Justice Hopes to Open Business Court This Year

New Hampshire’s chief justice is praising a new law that allows the state to create a business court and he’s hoping to have the new court operating this year. The court would handle only complaints between businesses and would not …

Privacy Lawsuits Against Maine Grocer Consolidated by Federal Court

More than 20 lawsuits stemming from a massive security breach of Hannaford Bros. Co.’s computer system have been consolidated and assigned to a federal court in Maine. The case will be heard by U.S. District Judge D. Brock Hornby in …