According to the Surplus Lines Stamping Office of Texas, on Sept. 30, 2004, there were 168 eligible surplus lines insurers (including Lloyd’s) operating in Texas compared to 166 at Sept. 30, 2003. In addition, there was a 15.1 percent increase …
For nine years, Insurance Journal has published the annual Directory of Excess, Surplus and Specialty Markets. This issue is a resource for independent agents and brokers to help them find the markets they need. The print edition is published twice …
In a collection of works titled The Life of Reason, philosopher George Santayana wrote, “Those who cannot remember the past are condemned to repeat it.” Currently there’s a momentous shift underway in the property and casualty insurance markets; we’re shifting …
Dr. David D. Wood Charlotte, N.C.-based insurance investment banking firm LMC Capital LLC has named Dr. David D. Wood to its advisory board. Wood, the Joseph F. Freeman Distinguished Professor of Insurance at Appalachian State University, has received ASU service …
Storm clouds are looming over medical liability reform legislation about to be introduced in the 2005 Georgia General Assembly which would make it harder for insurance companies to raise their rates and thus, supposedly reduce premiums. Non-partisan groups, representing neither …
Thirteen Florida insurance companies have requested 11 to 60 percent premium rate increases from the Florida Office of Insurance Reg-ulation. Regulators are reviewing the requests and will either approve them or ask for re-visions. Approved rate increases will be reflected …
A.M. Best Co. has placed the “B+” (Very Good) rating of Atlantic Preferred Insurance Company (Tampa, Fla.), under review with negative implications. This action reflects the decline in surplus recorded in the third quarter of 2004 due to significant catastrophe …
Esurance, a direct-to-consumer auto insurance company is opening a new sales center in Tampa and will hire 25 new sales representatives in 2005. The center will supplement activities at the company’s Tampa Regional Sales Office. It will handle East Coast …
The Road Rangers, roadside helpers patrolling Florida’s Turnpike has doubled its vehicles, picked up a sponsor and a new name. State Farm Insurance pledged $850,000 over two years to sponsor what has been renamed the State Farm Safety Patrol. This …
In an emergency meeting in Tallahassee, Gov. Jeb Bush and members of Florida’s Cabinet extended to March 31 an emergency rule prohibiting insurance companies from canceling or non-renewing policies of storm victims whose homes have yet to be repaired. Florida …
