Specialty insurance underwriter Darwin Professional Underwriters, Inc., is expanding its Tech//404 liability product for health care organizations in response to increasing exposure to network security and data privacy losses. According to Darwin, Tech//404 for health care organizations is the first …
London-based Oxygen Insurance Brokers, the Lloyd’s broking operation of Oxygen Holdings Plc, announced the creation of a new management risk practice (known in the U.S. as directors and officers liability – D&O) to focus on commercial and financial institutional clients. …
Information obtained from the Consumer Protection division of the Texas Department of Insurance (TDI) shows the number of consumer complaints with insurance companies is the lowest since 1999, the Insurance Council of Texas reported. Insurance complaints in Texas have come …
A Gulf Coast homeowner claims State Farm Fire & Casualty Co. coerced him into signing a statement that he is satisfied with its handling of his claim after Hurricane Katrina, even though it only paid for a fraction of the …
David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his agency in July …
Tampa, Fla.-based Wolf Professional Risk Inc., a wholesale brokerage firm, will begin offering services within the professional liability marketplace. The firm will initially focus on products that provide coverage for attorneys (lawyers professional liability), miscellaneous medical facilities (medical facilities liability), …
More than 2,200 automobile claims and 950 homeowner claims have been filed through insurance companies as a result of last week’s hailstorm in southern New Mexico, a trade association said. The Rocky Mountain Insurance Information Association based its numbers on …
A former Beverly Hills, Calif., insurance broker pled guilty to one count of felony grand theft after an investigation by the California Department of Insurance’s (CDI) Investigation Division. Gregory Starrett Williams, 53, pled guilty on August 29 and was sentenced …
Hundreds of southern New Mexico residents have filed automobile damage claims after powerful storms dumped large hail and heavy rain in the area. Allstate offices in Las Cruces said 200 claims already have been filed, and the insurance company estimated …
Innovative Agency Management System Achieves Wide Industry Adoption Bothell, Wash. – AMS Services, a leading provider of software solutions for the insurance industry, today announced the general availability of AMS 360® v2.0, a proven agency management system that seamlessly bridges …