A North Carolina-based company has reached a settlement to resolve Florida price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Crist identified the company as Southeastern Restoration Inc., also known as Afterdisaster. Crist …
Tom Van Berkel, president and CEO of The Main Street America Group, recently met Academy Award-nominated actor Bill Murray at the Murray Brothers Caddyshack Charity Golf Tournament at the World Golf Village, St. Augustine, Fla. The sixth annual event, sponsored …
The financial stability of many of Florida’s domiciled homeowners insurance market is a surprising aspect of the state’s very troubled homeowner insurance market and its insurers. Catastrophe modeling, reinsurance, and conservative management practices have kept this class of insurers very …
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. …
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 …
Florida insurance agents rolled out a new, state-of-the-art catastrophe response vehicle just in time for the arrival of Tropical Storm Alberto. At press time for this issue, the National Hurricane Center was unsure whether the storm, which on June 13 …
South Carolina Gov. Mark Sanford has vetoed a measure that would have raised the minimum liability limits for auto insurance policies. The governor said he vetoed the bill because he believes it would increase automobile insurance rates, adversely affect low …
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, …
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 …
