April 20, 2011
Ironshore Inc.’s Environmental Insurance unit has enhanced its asset-class specific Site Pollution Incident Legal Liability Select (SPILLS) suite of products to address risk exposures within the education sector, including public and private K-12 schools, colleges, universities and other educational facilities. …
April 20, 2011
Pasadena, Calif.-based Statewide Insurance Brokers, a broker of contractors insurance for general liability, workers’ compensation, commercial vehicle coverage and bonds, has added Oregon to the states the company is licensed to operate in. In addition to contractor general liability insurance, …
April 20, 2011
MetLife Auto & Home has introduced a number of product and coverage enhancements, including the launch of GrandProtect, its personal lines policy package, to residents of North Carolina. The enhancements are effective immediately for new customers and May 31 for …
April 20, 2011
Gov. Mary Fallin is seeking a federal disaster declaration for Atoka County in the wake of a deadly tornado that swept through the southeastern Oklahoma town of Tushka. Two people were killed and 43 others were injured when the tornado …
April 20, 2011
A half-billion dollar deal that would make Lloyd’s insurer Chaucer part of Massachusetts-based The Hanover appears all but done. Terms of the transaction, announced this morning, involve a cash-for-stock swap valued at $510 million, which The Hanover said it plans …
April 20, 2011
The Supreme Court of Ohio has ruled that a trial court must reconsider arguments in a lawsuit over an exclusion in a homeowners’ insurance policy that bars coverage for claims “arising out of” premises that are owned by an insured …
April 20, 2011
California’s Division of Workers’ Compensation (DWC) has adopted new regulations for standardized paper billing forms and electronic billing standards, making it one of the first states in the country to provide for e-billing in workers’ compensation, according to DWC Chief …
April 20, 2011
California workers’ compensation insurer returns continue to dwindle, with recent National Association of Insurance Commissioners (NAIC) data showing their return on net worth falling from 7 percent in 2008 to 4.6 percent in 2009. Those figures move the Golden State …
April 20, 2011
A small earthquake centered near San Francisco rattled the area hours after a ceremony was held to mark the anniversary of the 1906 earthquake and fire that destroyed much of the city. The U.S. Geological Survey says the April 18 …
April 20, 2011
A Tennessee woman told a federal judge in Baton Rouge, La., that she embezzled over $491,000 in benefits intended for employees of union contractors in five states. Theresa Waters, 45, of Murfreesboro, pleaded guilty to one count of embezzlement from …