December 5, 2010
A new report shows a drop in deaths from motorcycle accidents in New Jersey – a change that’s good news for both riders and safety advocates. Overall, 68 people died in motorcycle crashes across the Garden State last year, says …
December 5, 2010
$25 Million Amount to be paid by Exxon Mobil Corp as part of a settlement to clean up a decades-old oil spill in New York City. The settlement requires Exxon to conduct a comprehensive cleanup of its Greenpoint facility in …
December 5, 2010
NSM, Ideal Philadelphia-based program administrator NSM Insurance Group has acquired IDEAL Marine Insurance, a Chicago-based is a program specialist focused on non-construction, ocean and inland marine risks. Geof McKernan, CEO of NSM, said the company is “aggressively seeking specialty underwriting …
December 5, 2010
Insurance Considerations for Agents Insuring Agricultural Employer Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable workforce due to the “dirty” or menial nature of certain …
November 18, 2010
Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines of business. Rich Soja, executive vice president …
November 14, 2010
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
November 14, 2010
Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
November 14, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program …
November 1, 2010
RRGs Seek Dispute Mechanism, Ability to Write Commercial Property, Uniform Regulation The Liability Risk Retention Act of 1986 (LRRA) was enacted to help solve the crisis of the 1980s created by the unavailability of affordable commercial liability insurance. The LRRA …
October 4, 2010
New Jersey lawmakers have advanced a bill that would impose heftier fines for talking or texting while driving. The bill approved last month by the Senate Law and Public Safety Committee would double the fine for first offenses to $200 …