As an independent agent or agency owner, you have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually compete against you. The purpose …
FLORIDA State Farm of Florida 8.6 Percent Rate Request Approved The Florida Department of Insurance approved an average statewide premium rate hike of 8.6 percent for State Farm of Florida, the largest insurer of homes in Florida, insuring one out …
The Florida Manufactured Housing Association has announced it is studying the feasibility of starting its own insurance company to write coverage for mobile home owners. According to Frank Williams, FMHA executive director, if the study has a positive outcome, it …
Florida Attorney General Charlie Crist and U.S. Attorney Alexander Acosta announced four individuals, including two Miami physicians, have been arrested for allegedly participating in an organization that illegally diverted millions of dollars worth of highly valued AIDS drugs from Medicaid …
Carriers View Gulf States As ‘Tough Place to Do Business’ More than 100 insurance and risk management executives and industry analysts attending a Future Focus conference in Charleston, S.C. predicted that catastrophic losses will continue to escalate unless the insurance …
As 2005 draws to a close it marks the end of the second tumultuous year for the industry. After the multiple hurricanes of 2004, everyone was hoping 2005 would be calmer, but we ended up having an even more catastrophic …
Clint Bothwell has been named Southeast regional president for Harleysville Insurance and will work in its new Atlanta regional office. The company also named other regional field organization leaders as it realigned the company’s existing network of field offices into …
A New Federal Law Encourages Airports to Build Safety Zones or Extend Runways by 2015 A deadly accident in which a Boeing 737 slid off the end of a snowy Chicago runway on Dec. 8 brought renewed demands for buffer …
U.S. Senate Majority Leader Bill Frist, who is a medical doctor, has called for the U.S. to take aggressive measures to fend against the severe economic damage brought on by an avian flu pandemic. Citing a Congressional Budget Office report …
Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue with elements of the draft proposal that was aired during the recent meeting of the National Association of Insurance Commissioners. The current …
