MECO’s underwriting services cover a range of marine risks, including charterers P&I, freight, defense and demurrage, trade disruption, loss of hire, strikes delay, small vessel owners’ P&I, and contractual extension liabilities. These offerings have allowed the company to support a broad client base involved in shipping and maritime operations globally.
Wycoff Insurance offers commercial and personal insurance products. As part of the deal, president Chris Eisses, vice president, secretary and treasurer Donnie Keltz, and the full Wycoff team will join Hub Northwest. The agency will now operate as Wycoff Insurance Agency, a Hub International company. Source link
New York Marine had asked the Supreme Court, New York County, to compel Millennia to deposit the collateral amount. The motion was initially denied without prejudice, but the Appellate Division, First Department, reversed that ruling. The appellate court found that New York Marine met the legal standard for a preliminary injunction, showing both a likelihood…
If you’ve ever worked with an independent insurance agent, you’ve likely heard the phrase, “subject to underwriting approval.” But what does that really mean—and who is the underwriter making those decisions? An insurance underwriter is the person responsible for evaluating risk and determining whether an insurance company can offer you coverage, under what conditions, and…
That might sound logical – but not under Georgia law. The court pointed to the state’s hospital lien statute, which clearly states that a hospital’s lien applies to the patient’s cause of action (in this case, Giles’s personal injury claim), not to the patient themselves. In other words, it’s about the money recovered from the…
With the rising costs of lawsuits, medical expenses, and settlements, your standard commercial liability coverage limits may fall short if you need it. That’s where commercial umbrella insurance plays a critical role, providing added protection when you need it most. Read the article below as Thomas McMillan, commercial underwriting specialist at Central Insurance, delves into…
Now in its sixth year, the Global 100 list aims to spotlight insurance professionals who have played key roles in business development, operational leadership, industry advocacy, and innovation. The individuals selected have been recognized for contributing to their organizations’ performance, advancing industry knowledge, or addressing systemic challenges in the insurance sector. Source link
