Mississippi Insurance Commissioner George Dale on Friday approved a 90 percent rate increase for homeowner policies provided by the Mississippi Windstorm Underwriting Association. The association, commonly known as the wind pool, had requested a rate increase of almost 400 percent …
The ethics commission determined last Friday that Republican gubernatorial candidate Tom Gallagher may have violated ethics laws because he owned stock in two insurance companies while regulating the industry. The commission found “probable cause” to believe a violation occurred and …
Federal bank regulators have halted for six months any new approvals of the sort of industrial banks that Wal-Mart, Home Depot and 12 other companies are seeking to own. The Federal Deposit Insurance Corp. imposed the moratorium on approving the …
Two of three suspects in California, allegedly involved in a conspiracy and grand theft case from the Automobile Club of Southern California (AAA), are scheduled to be arraigned on 62 felony counts, the California Department of Insurance (CDI) reported. CDI …
Los Angeles Worldwide Facilities Inc. is offering is a new residential construction program in California. Designed for spec home builders, custom home builders, and remodelers, the new program will be supported through a “A+” XV approved surplus lines facility on …
Indianapolis-based the National Association of Mutual Insurance Companies (NAMIC) recently announced a major reorganization of its governmental affairs operation, recognizing the convergence of issues facing the property/casualty insurance industry in the United States. NAMIC President and CEO Chuck Chamness said …
The Texas Chapter of the Professional Liability Underwriting Society is holding a networking reception on Thursday, August 24, 2006, from 5:00 p.m. to 7:00 p.m. at The Tap Room at Six in Austin, Texas. The group said the reception is …
Specialty lines insurance and risk transfer broker for high hazard business exposures, Southwest Risk, recently announced that its Houston office has moved. The Dallas-based Southwest Risk said its Houston office is now located at 9800 Richmond Avenue, Suite 255, Houston, …
Fort Worth, Texas-based Higginbotham & Associates announced it has launched CertCon WebReport, an Internet-based tool that enables clients to track vendors’ Certificates of Insurance. The technology was developed by the agency’s CertCon Services unit, an in-house contract and certificate management …
The nation’s lawyers are coming to Hawaii, and some of them apparently have no fear of sharks — unless they’re the kind that file lawsuits. About 40 lawyers have signed up so far for the National Lawyers on Longboards Surfing …
