Martin D. Weiss, the head of the Florida-based rating service that bears his name, couldn’t have chosen a better way to ramp up the debate over medical malpractice lawsuits, and the increased costs of insurance coverage, than to challenge the …
In the largest and reportedly most comprehensive study ever undertaken on the connection between credit history and insurance risk, a team of researchers has found that a consumer’s credit-based insurance score is unquestionably correlated to that consumer’s propensity for auto …
InsurBanc, the banking arm of the Independent Insurance Agents & Brokers of America, is now available to Independent Insurance Agents of Texas members. According to the IIAT, the full service bank marked its second year in operation in May. In …
The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting Inc. The study, “Executing Commercial Underwriting Automation—It’s Only a Tool,” finds …
Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. Three hundred industry representatives plan to attend the 2003 Mid-Year Property & Casualty …
A Louisiana bill that would overhaul the state’s FAIR and Coastal plans passed both the Senate and House and is headed to Gov. Mike Foster’s desk for his signature. House Bill 1788, which creates the Louisiana Citizens Property Insurance Corp. …
The Professional Insurance Agents of New Jersey Inc. commended the state Senate for its unanimous passage of legislation to help ensure agents’ ownership and commission rights are continued when an insurance company transfers its policy obligations to a new company. …
Insurance reforms enacted by the 78th Texas Legislature dominated many discussions at the 106th Annual Independent Insurance Agents of Texas Convention, held June 19-21 in San Antonio. Not only did Lt. Governor David Dewhurst address insurance measures in his wrap-up …
Go on mass transit in California, walk into a store in Texas, step on a plane nationwide, and you will see two languages displayed in many instances. With an ever-growing Hispanic population across the country, this trend will likely grow. …
Nuts & Bolts: Lemac & Associates has added another new market looking to quote residential subcontractors on an occurrence form. The market requires 10 years loss runs to bind coverage, but if the loss experience is good, they will entertain …
