Markets/Coverages News

PRC TO BUY INSURITY SOLUTIONS

PRC Corp., a subsidiary of ChoicePoint® , entered into an agreement to purchase 100 percent of the stock of Insurity...

CUT IN FLOOD PROGRAM WEIGHED

While the merits of President George Bush’s proposed budget are still being weighed, one of the items getting attention in...

ACCELERATION INTO LIQUIDATION

The Franklin County [Ohio] Court of Common Pleas granted an order on Feb. 28 placing Acceleration National Insurance Company, an...

NO LIMIT TO WRAPAROUNDS

SB 44, a bill that limits the use of consolidated insurance programs (CIPs), commonly known as wrap-around insurance programs, would...

Global Investment Firm Predicts

Citing firming prices for insurance, the global institutional investment bank Lehman Brothers has started ACE Ltd. with a buy rating...

State National Expands Into Maine

State National Insurance Company has been granted permission by Maine authorities to write fire, allied lines, commercial multi-peril, inland marine,...