The Department of Financial Services has received reports of an unlicensed entity selling bogus homeowners insurance. Global Insurance Group, headquartered in Aventura, Fla., has been aggressively advertising that it offers the lowest windstorm insurance rates in Florida. When asked about …
As of July 26, Safeco stopped writing new personal property policies in Florida and notified the Florida Office of Insurance Regulation that at the beginning of 2006, it plans to stop renewing personal lines property policies. Safeco represents 0.6 percent …
Insurance companies have paid out more than $47 million on about 46,000 claims for damage caused by Hurricane Dennis, according to the Office of Insurance Regulation. The report indicates insurers expect to eventually pay out more than $900 million in …
An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep. Spencer Collier, R-Irvington, promises to try again next year …
Looyenga Outlines Major Hurricane Policy Changes It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Ins-urance said at the Florida Assoc-iation of Insur-ance Agents 101st Conven-tion and Educ-ation …
Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agencies, went into high-gear during the opening general session of LAAIA’s 35th annual …
Consider this scenario: Your employee is driving down the road talking on a cell phone. Distracted, the employee swerves and hits what she believes to be a deer. The employee does not stop. Tragically, the deer was a 15-year-old girl. …
Our compensation system is under attack, independent agents put about $2 billion in their pockets due to profit sharing and it is under attack, there is no doubt about it,” Bill Stiglitz, Independent Insurance Agents and Brokers of America president-elect …
Homes built under the Florida Building Code that became effective in 2002 sustained less damage on average than those built between 1994 and 2001 under the Standard Building Code, according to a University of Florida study just completed by Kurt …
Two awards have been presented by the Independent Insurance Agents of North Carolina: Burns & Wilcox/Moorehead City has been named “Broker of the Year;” and GMAC Insurance has been honored with the “Company of the Year” award. The awards were …
