It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from potential terrorist attacks. …
Hawaii producer’s license revoked Hawaii State Insurance Commissioner J. P. Schmidt revoked the insurance producer license of Amy Pohaiokalani Fernandez (aka Amy Pohaiokalani Waikiki and Pohai Waikiki) and fined her $20,000. Commissioner Schmidt charged Fernandez with stealing $11,737 in premium …
Errors & Omissions Nuts & Bolts: Swiss Re launched non-admitted errors and omissions coverage for members of the Independent Insurance Agents and Brokers of America. The product is designed for agencies with unique operations and special needs, where coverage customization …
For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by the U.S. Supreme Court, together with a confluence of other …
Agents Guide: What resources are available to better serve clients Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer …
Not your typical agent: Big “I” President and Miami independent agent Alex Soto in a one-on-one interview Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance Agents & Brokers of America, is not …
Judges and an insurance trade association stated that they’re opposed to a bill that would restrict Nevada judges’ ability to seal court records, raising questions about its lack of privacy protections. Chief Clark County District Judge Kathy Hardcastle told the …
Critics of panels that review medical malpractice cases in Wyoming say the oversight has not lowered the cost of medical malpractice insurance. Voters in 2004 amended the state constitution to allow the Legislature to resurrect the panels, which had been …
Washington’s Industrial Safety and Health Advisory Board is accepting nominations for the governor’s annual lifesaving awards. All Washington workers covered by the workers’ compensation system or a self-insured employer are eligible for the lifesaving nomination. According to the board, the …
A proposed settlement of a class action lawsuit against an insurance company for tens of millions of dollars in illegal overcharges was rejected by the Los Angeles Superior Court, in part because it would have allowed the company to pay …
