There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually every other business distributing …
Florida insurance officials are vowing to enforce a new rule regarding the use of credit scores in insurance starting September 1, despite protests from the industry that the rule is too stringent. The Financial Services Commission unanimously adopted the rule …
Irate Florida legislators, upset after Gov. Jeb Bush vetoed the state’s no-fault auto insurance law, are vowing to place the topic of no-fault insurance and the personal-injury-protection bill on the front burner during the spring sessions of the 2007 Legislature. …
Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away in Miami June 1. Gallagher had more than 50 years of insurance industry experience. Gallagher was formerly associated with Head Beckham Insurance in Miami. He …
Miss. Katrina Claims 3,693 hurricane claims settled. $5,211,899 in payments, a 1,721 percent increase in secured payments between Jan. 1 and April 30. Previous record, 2005, $4 million. A&H increase 316 percent. Cathy Vernon, director, Mississippi Consumer Services Division 2006 …
People PMA Insurance Group has promoted Elaine Manchon to assistant vice president for commercial markets underwriting. Manchon, who will join PMA’s corporate headquarters staff in the company’s Blue Bell, Penna. office, will be responsible for helping to generate profitable revenue …
Current Florida Financial DPW 2005 Stability Designation Company Name in 000s Rating FL Specialty Encompass Floridian Indemnity Co. $4,437 A FL Specialty Encompass Floridian Insurance Co. $16,059 A FL Specialty Nationwide Insurance Co. of Florida $269,153 A FL Specialty Allstate …
Kentucky Employers’ Mutual Insurance has been named one of the top-10 Best Places to Work in Kentucky. Located in Lexington, KEMI is Kentucky’s leading provider of workers’ compensation insurance. The organization employees more than 200 insurance professionals who underwrite policies, …
Question: What is the specific impact of the 2005 catastrophes on the Midwest? McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly because of these catastrophes that cost is …
As reports of computer security breaches proliferate — the latest being the federal government’s snafu that put millions of veterans at risk for identity theft — the public is losing confidence in the digital infrastructure, even as it remains appreciative …
