Then, additional capital would be raised and a secondary admitted insurance
company would be created and domiciled in a different state so that it could write surplus lines insurance in the state where the primary company was located.
has acquired a previously-dormant insurance company that holds admitted insurance
licenses in all 50 states and the District of Columbia, the company said.
With this licensure is an assurance that placements with non-admitted insurance
companies follows the utilization of a "diligent search" for insurance coverage from the admitted insurance
- Certain countries (for example Brazil, China, India, Malaysia) want to retain as much insurance revenue in-country as possible, irrespective of where the parent is from, and so do not allow foreign companies to insure those risks from abroad.
based retail operations of the Ace Group of Companies, introduced Ace Spectra, an admitted insurance
product that provides coverage for property damage and business interruption resulting from a tropical storm or hurricane.
The RSA Purchasing Group offers a comprehensive insurance program that is underwritten by all New York Best Rated, admitted insurance
Platinum's core admitted insurance
products include homeowners, personal umbrellas (limits up to USD 100m), collections, automobile (collector, exotic and high performance), watercraft, aviation, and other specialty high net worth products.
Insurance agency, IAG (NYSE: IAG) has admitted insurance
processing errors while the company worked out insurance claims for damaged homes in Christchurch.
M2 EQUITYBITES-March 7, 2011-RenaissanceRe sells US admitted insurance
operations to QBE Holdins Inc(C)2011 M2 COMMUNICATIONS http://www.