On July 18 the Texas Department of Insurance announced that Vesta Fire In-surance Company (Vesta Fire) and its Texas subsidiary insurance companies were being placed into liquidation. Notices were sent out to agents to cease writing new and renewal insurance …
Residential construction throughout the country surged to an all-time high in 2005, according to the United States Commerce Department. And though economists forecasted a slowing of construction and sales activity in 2006, construction of new homes shot up in January …
The excess flood market steps up where NFIP drops off Increased catastrophes raise visibility of excess coverage The historical lessons learned from Katrina and Rita and looming predictions of a future with bigger and stronger storms highlight more than ever …
The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line offices, and related entities all engaged in the wholesale insurance marketplace …
The Texas Department of Insurance revised the bid deadline for competitive offers from individuals and/or entities for the establishment of a motor vehicle financial responsibility program in accordance with the terms of Senate Bill 1670, as enacted by the 79th …
Witt pointed out that as he looks across Florida, the Gulf coast states and America, he has recently seen more devastating events than have ever been witnessed in the history of the nation. He said that in today’s world and …
Having quality relationships with clients takes commitment and discipline, but it pays off in reliability and client retention. Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level …
Is your insurance agency investing in Web initiatives? If so, you are in the minority. While many independent insurance agents have a virtual presence on their insurance carrier sites, most independent insurance agencies still do not have their own Web …
I don’t know about you but it’s only the middle of July (as this issue goes to print) and I’m already ready for the weather to cool off. You know that old adage about waiting 15 minutes for the weather …
Republic Group, FirstComp Underwriters Dallas-based Republic Companies Group Inc. entered into a managing general agency agreement with FirstComp Underwriters Group Inc., making the Omaha-based monoline workers’ compensation group one of Republic’s key relationships. Under terms of the contract, certain Republic …
