March 20, 2006
Commissioner of Insurance George Dale suspended the 180-day repair deadline provision in personal and commercial property replacement insurance policies as to Hurricane Katrina claims in Bulletin #2006-3 issued on Friday, Feb. 24. In the same bulletin the commissioner suspended the …
March 20, 2006
The Florida Department of Financial Services in Tallahassee has announced a new round of homeowner-friendly insurance reforms to better protect and prepare Floridians for a catastrophic event, and to help them shop for property insurance. The new reforms, initiated by …
March 20, 2006
The Progressive Group of Insurance Companies has announced it is now offering commercial auto insurance in West Virginia. While Progressive’s commercial coverages are available directly to consumers by phone and over the Internet, the company said most consumers choose to …
March 20, 2006
The Insurance Commission’s status was discussed by Commissioner Jane Cline, and J. David Daniel, a member of the Big “I” executive committee gave tips about how independent insurance agents can prepare for hurricanes and other disasters during the Professional Independent …
March 20, 2006
Measures aimed at improving the property insurance market dominated the insurance agenda as the Florida Legislature convened March 7, according to the American Insurance Associa-tion. Legislators will also debate whether to allow next year’s statutory sunset of the state’s no-fault …
March 20, 2006
Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual Spring Conference and Exhibition in Columbia, S.C. by …
March 20, 2006
Florida personal injury protection claim costs (claimed economic losses and actual claim payments) increased at double-digit rates between 2002 and 2005, far outpacing the rate of inflation, according to a new Insurance Research Council study. The average total claimed PIP …
March 20, 2006
The West Virginia Insurance Commission released statistics indicating more than $1.89 million in workers’ compensation payments are outstanding from employers in the state. The commission mailed out notices asking 1,794 employers to pay up or face the consequences. West Virginia …
March 20, 2006
Alabama-based Booker T. Washington Insurance Company has voluntarily submitted to being placed into receivership in Jefferson County Circuit Court, Commissioner Walter A. Bell announced. “I am pleased with the leadership of Booker T. Washington Insurance Com-pany for working with us …
March 20, 2006
The National Association of Mutual Insurance Companies has announced it supports “Floridians for Lower Insurance Costs,” a coalition of concerned citizens, and opposes the reinstatement of the no-fault auto insurance law and will state its position to the Florida Legislature, …