Insurers look at Florida’s government as a heavy-handed, intrusive, oppressive regulatory regime that does more harm than good to property insurance markets. According to Ernie Csiszar, president and CEO of the Property Casualty Insurers Association of America, Florida’s government and …
Florida legislation that promises to reins in auto insurance fraud was signed June 26 by Gov. Jeb Bush. Provisions of House Bill 561 and Senate Bill 1596 and the governor’s approval were applauded by Tom Gallagher, Florida CFO, who oversees …
Veronica Della Porta, chairman of the Florida Association of Insurance Agents, recognized catastrophe team volunteers who traveled to hard-hit areas and assisted victims during 2005, when hurricanes hit the southeast U.S. Bay St. Louis, Miss., agents David and Angelyn Treutel …
Florida Democratic gubernatorial candidate Rod Smith, of Alachua, Fla., has suggested a four-point plan he believes will fix Florida’s insurance woes. He has to be applauded for publicly acknowledging the state’s insurance problems and developing such a detailed plan (see …
Most people hear the word asbestos ans think of home insulation, deteriorating ceiling tiles, or scuffed flooring. Few realize the soil in their yard, school athletic field, or neighborhood park might be tainted with the mineral. The July 8 Science …
Montana takes action against agent A Helena, Mont., insurance agent had his license suspended and was ordered to stop doing business in Montana after allegedly committing insurance fraud and deceptive and illegal sales practices, the state auditor’s office said. Bart …
The historical lessons learned from Katrina and Rita, and looming predictions of a future with bigger and stronger storms, have made flood insurance popular these days — even in locations where it was previously thought unnecessary. The National Flood Insurance …
Washington state’s insurance commissioner fined four Geico Inc. insurance companies $120,000, alleging they used an unapproved scoring model to evaluate and offer personal auto coverage to consumers two years ago. Insurance Commissioner Mike Kreidler said the companies — Government Employees …
St. Paul Travelers Cos. is phasing out the “St. Paul” from its name. “St. Paul” is already gone from the company’s marketing for consumer auto and home insurance, and it will be eliminated from advertising to business customers in the …
American International Group Inc. is sparring again with its former chairman, Maurice “Hank” Greenberg. The company is canceling its agency arrangement with the American International Marine Agency, a subsidiary of the Greenberg-controlled C.V. Starr & Co. Inc., effective Dec. 31. …
