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 …
People
Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Elizabeth Wafer has joined the P/C team at Crump Insurance Services of Houston Inc. Jenkins has …
The industry goes to school
In this second installment in a series, Insurance Journal profiled five universities that offer undergraduate and graduate degrees in insurance. More universities will be featured in future editions. Baylor University Hankamer School of Business; Dept. of Finance, Insurance and Real …
Which cars are safest? Insurance industry picks
Ten 2006 passenger cars won praise from the insurance industry for offering protection to passengers in front, side and rear crashes. Winners of the institute’s gold award included the Ford 500 and Mercury Montego with optional side air bags; the …
Fisher trial won’t be moved
The trial of former state Insurance Commissioner Carroll Fisher will take place Feb. 6, 2006, as scheduled. Oklahoma County District Judge Susan Caswell denied two motions filed by Fisher’s attorneys attempting to get the trial moved, according to the state …
In recruiting, qualify before you sell
Editor’s note: This is the third in a series of articles offering “best practices” suggestions for the hiring process in the independent agency. More information is available at iiat.org under Agency Management. In the first article of this series (Insurance …
Updated Info on Citizens Commissions
The Citizens Property Insurance Corp. Board of Governors agreed to change the amount of commissions it paid to agents in May 2005, but Florida insurance agents complain that the new commissions are not being paid. Citizens filed its revised commission …
FLORIDA
The Florida Division of Insurance Fraud has released a list of arrests, convictions and ongoing investigations showing that 32 people have been arrested, eight convicted and 84 are being actively investigated. According to Nina Bannister, DOI spokeswoman, the department received …
Lauly Peterson, Kiln, Miss., Agent Cleaning Up After Katrina
We returned to Kiln, Miss., knowing our home was gone and then were told our office was also gone. When we arrived, we found our offices weren’t gone, but after 4 feet of water, they might as well be-and we …
Tenn. bill would require sinkhole coverage
Tenn. Rep. Mike McDonald has filed a bill that would require insurance companies that write homeowners insurance to include damage caused by sinkholes as a covered occurrence. The Legislature convenes this month. McDonald’s bill is in response to reports over …
