Citizens Property In-surance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market. Citizens writes wind coverage for customers who otherwise wouldn’t be able to buy it …
What has happened with auto insurance rates in South Carolina should be the ‘gold standard’ for what can be accomplished with other types of insurance,” Elanor Kitzman, South Carolina Director of Insurance told the Independent Insurance Agents and Brokers of …
Southeast states didn’t fare well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems. North Carolina came in as number 10 in the top 10 favorites; while West Virginia was at the bottom of the list. …
Claim counts include March and April storms N1 U.S. tort costs reach a record $260 billion, study reports Cost exceeds other countries’ by large margin N1 Private companies at increased risk of liability lawsuits Survey shows private companies have the …
Call for stepped-up regulation of third-parties providing hurricane rating and credit scoring data Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and …
Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs-those big dogs being the banks, the large public brokers and the regional clusters whose …
If an earthquake similar to that of the 1906 San Francisco quake were to hit a metropolitan area, today, the losses would be staggering. April 18 marks the 100th anniversary of the Great San Francisco Earthquake of 1906, a catastrophe …
Optional federal chartering, federal regulation and the creation of a new federal bureaucracy go too far, the equivalent of throwing the baby out with the bath water. The Independent Insurance Agents & Brokers of America, and New Hampshire, (the Big …
First Bank, Adrian N. Baker & Co. First Bank, a Missouri state chartered bank and wholly owned subsidiary of First Banks Inc. headquartered in St. Louis, Mo., and Clayton, Mo.-based insurance brokerage Adrian N. Baker & Company, announced that First …
Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …
