The 77th Regular Session Texas House Insurance Committee was appointed with few changes to its makeup from the 76th Session. Rep. John Smithee, R-Amarillo, will continue to chair the committee, and Rep. Craig Eiland, D-Galveston, will remain in his role …
Nationwide Insurance, one of the country’s largest property-casualty insurers, will establish a national claim call center in San Antonio. The center will employ between 300 to 400 people once fully operational. Nationwide has partnered with developer Darren Casey and is …
U.S. property/casualty insurers paid $4.3 billion in catastrophe claims, making 2000 the second-lowest year for catastrophe losses in the last 10, according to estimates by Insurance Services Office’s Property Claim Services unit. The year’s 24 natural disasters produced 1.4 million …
Queensway Financial Holdings Ltd. said in late January that the Florida and Georgia departments of insurance had both obtained court orders to have Queensway insurance units liquidated. The company is closing down its Queensway Casualty Insurance Company unit in Florida …
The Equal Employment Opportunity Commission filed suit in Houston against Metropolitan Life Insurance Co. based on allegations the company retaliated against an employee who complained about age discrimination. The EEOC alleges that Johnny F. Holley was prevented from working as …
Following the Bible parable, a Good Samaritan is a person who reaches out and takes care of someone when he or she has no obligation to do so. Generally, Good Samaritans are to be praised, while those who pass on …
The ways that agents talk to one another are changing-a result of a developing profession that demands a lot more attention and time in the saddle. As commissions dropped with soft premiums, it made more sense for agents, producers and …
If you weren’t able to attend the recent Property/Casualty Joint Industry Forum in New York City, we can sum up CEO attitudes about the New Year in this way: The market is hardening, although not fast enough; losses are rising …
In an effort to assist insurers and departments of insurance, the National Association of Insurance Commissioners has undertaken the daunting task of compiling a directory of how departments of insurance across the country deal with, and investigate, fraud. Greg Sacco, …
Looming agent licensing changes stemming from the Gramm-Leach-Bliley Act could have a direct effect on how and what information agents receive through continuing education classes. Already, 30 states have begun preparing for those changes by joining the Midwest Zone Continuing …
