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 …
Although the U.S. Department of Agriculture’s Risk Management Agency has taken steps to improve its procedures and processes to address fraud, waste and abuse in selling servicing crop insurance policies, many flaws remain in the system, according to a new …
The question of how to structure property insurance rates adequately in coastal zones while still making it affordable for people to live and work there is becoming an increasingly important one to insurers and consumers alike, especially in the wake …
Editor’s note: The following excerpt is edited from an oral statement made by Joseph J. Beneducci, president of Fireman’s Fund at the Senate Banking, Housing and Urban Affairs Committee’s July 11 hearing on Insurance Regulation Reform. Beneducci spoke as a …
Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …
Louisiana Recovery Authority is considering going after insurance companies on behalf of homeowners who are having trouble with claims on their storm damaged homes. According to the Associated Press, Louisiana’s program to help rebuild or relocate may sue insurers for …
Survey finds Louisiana, Mississippi, Alabama and Georgia most prepared Average insured homeowners throughout Gulf and Atlantic coastal communities have taken just half the steps which would best position them to recover from a major storm, according to a new Hurricane …
Privately owned insurance and risk management firm McQueary Henry Bowles Troy LLP (MHBT), announced that Chuck Hoffmann re-joined the firm’s Dallas office as senior vice president of Personal Insurance Professionals. Hoffmann was a part of the MHBT family in the …
Although many in the insurance industry don’t think they are going up enough, the Texas Windstorm Insurance Association (www.twia.org) is set to raise its rates effective Sept. 1 for new and renewal policies. Commercial rates, including farm and ranch and …
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 …
