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 …
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 …
Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling and risk assessment practices and resources, and also advanced underwriting support and …
Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other precautions. The inspections have angered homeowners and watchdog groups …
In the past five years, we have heard an overwhelming response from policyholders across the country — TRIA works. It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I …
Declarations Pay for flood now or later “I would put flood insurance back in the homeowner’s policy maintaining the federal government as the reinsurer … We need to bring more people into the system … We need to bring them …
California Insurance Commissioner Steve Poizner announced that he will seek refunds for Allstate customers if the Department of Insurance determines that the company’s rates are excessive. In May, the insurer announced it would stop writing new homeowners and landlord package …
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 …
Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance Agents & Brokers of America, is not afraid to speak his mind or criticize his own industry. He’s familiar with the continuing insurance crisis …
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 …
