Pennsylvania Insurance Commissioner Diane Koken has shut down the operations of Nation’s Hazard Insurance Agency, which has been doing business as Nation’s Hazard Insurance Company. The company is reportedly an illegal insurance entity that sold errors and omissions coverage for …
Georgia-based AXIS U.S. Insurance announced that AXIS Professional Liability (AXIS PRO) has appointed Media/Professional Insurance to serve as managing general underwriter for certain miscellaneous professional liability (MPL) lines of business. Beginning Jan. 1, 2005, AXIS will become the exclusive carrier …
AIG Environmental, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), has announced the enhancement of its Environmental and General Liability Exposures (EAGLE) Program. The expanded product portfolio features new coverages to provide commercial insureds with …
Arkansas State Insurance Commissioner Mike Pickens recently issued a warning for consumers to be on alert for potentially fraudulent insurance activity from a company called Nations Hazard Insurance and an individual using the names Michael Napadow and Michael Holland. According …
Editor’s note: This is a commentary piece submitted by David E. Wood of the law firm Wood & Bender. The recent suit by New York Attorney General Eliot Spitzer alleging price-fixing and deceptive practices by broker Marsh McLennan and major …
For Albuquerque, New Mexico residents earlier last week, the pounding came in waves. The first stones battered roofs and cars in the middle of the night and then another round hammered the west side the following morning. For areas further …
Maine officials have warned consumers and industry professionals about a scam involving an unlicensed company using a name and logo similar to those of The Hartford, the well-known insurer, and one of its duly licensed subsidiaries. Superintendent of Insurance Alessandro …
National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group, Inc. (AIG), has launched a new product designed to address the professional liability exposures of consultants in a variety of industries. The Consultants Preferred Professional …
After a week of watching the skies and bracing for yet another round of severe weather, the insurance industry estimates the hailstorms that battered communities from the Northeastern Plains down through Southern Colorado have so far resulted in more than …
CalSurance, a national insurance sales, service and support organization comprising many diverse and specialized programs, has launched a specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. CalSurance and Quanta Specialty Lines Insurance Company have teamed …