Latest Delaware Headlines
All the headlines from our Delaware Topic Page, ordered by recency.
AIIC NJ, Regulators Reach Compromise, Withdrawal Plan Suspended
Dec 20 2001 // American International Insurance Company of New Jersey (AIIC NJ), a subsidiary of American International Group, announced that it has reached an agreement with the State of New Jersey Department of Banking and Insurance...
PIAA of Penn., Md., Del. Urges Rules on ‘Credit Scoring’
Dec 14 2001 // The members of a task force from the Professional Insurance Agents Association of Pennsylvania, Maryland and Delaware recently met with representatives from all three state insurance departments, and urged that rules be...
AIG Delays Construction of Delaware Complex
Jul 10 2001 // American International Group has decided to delay a major building project in Wilmington following its acquisition of American General. Company spokesmen said that the original plan to build twin office towers for up to...
AIA Praises Work of Delaware Legislature
Jul 3 2001 // Taylor Cosby, American Insurance Ass’n., VP – mid Atlantic region, praised the work of Delaware’s General Assembly as it wound up the first part of its two year session. Cosby noted that financial service...
Agent-Broker Malpractice
Feb 19 2001 // In specifying, arranging for and renewing insurance policies, it is customary in the industry for agents to use a kind of shorthand. It is also customary for agents to rely upon manuals provided to them by insurers. A case...
Community Banks Purchase Insurance Company
Oct 11 2000 // The Delaware County Bank & Trust Company, a subsidiary of DCB Financial Corp along with four other community banks used their holding company powers to close a transaction Oct. 5 in which they purchased an equity...
Delaware Court Rules In Favor of Insurers
Sep 28 2000 // The Supreme Court of Delaware has affirmed a lower court opinion in favor of 28 insurers who were sued in an insurance coverage action brought by Hercules Incorporated. In 1989, Hercules, an international aerospace...
Old Guard Group Shareholders Approve Acquisition by Ohio Farmers
Sep 13 2000 // Old Guard Group, Inc. has received shareholder approval for its acquisition by Ohio Farmers Insurance Company. With more than 71% of the outstanding stock voting, 92% were voted in favor of the transaction. The transaction...
Delaware House Committee Approves “No Pay, No Play” Bill
May 19 2000 // The Delaware House Committee on Public Safety approved a bill yesterday to help reduce the number of uninsured drivers in the state. House Bill 568 provides drivers with incentive to purchase insurance by prohibiting...
