January 13, 2003
Nuts & Bolts: Target Environmental Insurance offers a new program providing commercial auto, general liability and environmental impaired liability for transporters of hazardous materials. Dollars: Target Environmental looks for accounts generating over $25,000 in auto premiums. Premiums start at $25,000 …
December 31, 2002
Hallmark Financial Services Inc., based in Dallas, announced that president and chief executive officer Linda H. Sleeper will leave the company effective January 1, 2003. Hallmark’s Board of Directors elected board chairman Mark E. Schwarz to the additional position of …
December 26, 2002
Richard Swoy, chairman of Superior Access Insurance of Irvine, Calif. announced the addition of an “A++ XV” Superior A.M. Best rated carrier offering professional liability coverage nationally. Quotes are available on-line and applications can be downloaded on a 24-hour basis. …
December 24, 2002
Thirty-five states have adopted an approved Insurance Services Office (ISO) mold limitation for homeowners coverage, which allows insurers to exclude coverage for loss caused by mold and wet or dry rot, unless the conditions result from a covered peril. According …
December 20, 2002
The substantial variation in workers’ compensation medical fee schedules among the states is not related to the different costs health care providers incur delivering medical services to injured workers, according to a new study by the Workers Compensation Research Institute …
December 19, 2002
Nuts & Bolts: McFall General Agency has a program available for mono line liquor liability. Brokerage business only. Dollars: Policy limits of $1,000,000 each common cause/aggregate. Minimum premiums vary depending on limit. Carrier: Certain Lloyd’s underwriters. Rated “A-.” Non-admitted market. …
December 16, 2002
Communities that incorporate natural disasters in their land use planning experience fewer insured losses than those that do not, according to a new report presented at the Institute for Business & Home Safety’s (IBHS) Annual Congress in New Orleans. An …
December 6, 2002
OnlineBenefits Inc. of Uniondale, N.Y. announced an enhancement to its Benergy communication platform that enables companies to easily gather and publicize the benefit plan facts required by the Department of Labor (DOL). Often employers regard the boilerplate insurance booklets distributed …
December 4, 2002
Hallmark Financial Services Inc., based in Dallas, announced it has closed the acquisition of certain subsidiaries and other assets from Millers American Group Inc. Hallmark acquired the outstanding stock of Millers General Agency Inc., a Texas managing general agency, as …
December 3, 2002
In a significant victory for insurance agents and brokers, the Ninth Circuit Court of Appeals has overturned a lower court decision that had permitted an E&O insurer to deny coverage to an insurance broker by misconstruing an “insolvency exclusion” in …