Insurance regulators, on the heels of the National Catastrophe Insurance Summit in Burlingame, Calif., in November, are peddling the framework for a national catastrophe insurance program they say would protect U.S. taxpayers. The details have not been ironed out, but …
Texas and Louisiana landed fairly near the top of a recently released list of the 15 deadliest states/U.S. territories when it comes to impaired driving. And, the two states are among the 13 that have the dubious distinction of making …
Several pressing public policy issues remain to be debated in the Gulf region and across the country. At the forefront is the question of how we, as a nation, will finance losses from future mega- catastrophes. Weather forecasters predicted that …
Louisiana Insurance Commissioner Robert Wooley announced that Clarissa A. Preston has been named deputy commissioner of the Louisiana Department of Insurance Office of Property and Casualty, and Scott Kipper is now deputy commissioner of the Office of Health Insurance. Clarissa …
Louisiana Gov. Urged to Veto Flooded Vehicles Bill The Property Casualty Insurers Association of Amer-ica called upon Louisiana Gov. Kath-leen Blanco to veto a bill that would require all vehicles that are declared “total” losses as a result of recent …
As in a marriage, if you’re in a good relationship, you never have to consider the contract. But if things go badly, words mean everything,” Greg Thompson, president of THOMCO brokerage in Kennesaw, Ga., told attendees at the fifth annual …
Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies, including Lawyers Professional Liability. A claims-made policy states that a claim must be made during the …
A “solution” to Florida’s hurricane insurance problems, based on research and an independent actuarial analysis showing hundreds of millions of dollars in savings, has been announced by the Florida Association of Insurance Agents. The proposal would eliminate Citizens Property Insurance …
The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were described by Charles Dupplin, head of Hiscox …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists speaking at the National Catastrophe In-surance Summit in Burlingame, Calif. It’s just a matter of time, said speakers, who forecast …
