The Mississippi Legislature had authority to raid an insurance fund in 2004 to balance the state budget, the 5th U.S. Circuit Court of Appeals has ruled. The Mississippi Surplus Lines Association sued the state after the Legislature took $2 million …
Continuing education (CE) is a fact of life for all agents and brokers. Since states require CE credits, the reality can be a continuous and often repetitive obligation — a career-long commitment of time and attention for as long as …
On Jan. 15, Florida Insurance Commissioner Kevin McCarty abruptly halted a public hearing with Allstate Insurance officials, upset that they had not fully complied with subpoenas questioning their companies’ homeowners insurance rate filings. That disruption made front page news of …
Restaurant owners across Tennessee may have to pay as much as $4.8 million to shore up a workers’ compensation fund that the state says was mismanaged. The Tennessee Department of Commerce and Insurance is suing Ronnie Hart, the president and …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …
22 The number of Mississippi lawsuits stemming from Hurricane Katrina damage settled by State Farm Fire and Casualty Co. The question was whether State Farm officials denied claims in areas hit by the storm surge without thorough investigations. State Farm …
Mississippi’s new Insurance Commissioner Mike Chaney says he is working with lawmakers and state wind pool officials to lower rates that increased 90 percent for homeowners and 162 percent for businesses after Hurricane Katrina. Chaney, a Vicksburg businessman who was …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Kidnap and Ransom Coverage Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is offering …
A Kansas Senate Committee is moving quickly on a proposal to help flood- and tornado-damaged communities rebuild homes. The Ways and Means Committee voted to sponsor the proposal. It would provide $12 million over three years to help communities rebuild …
People Dayton, Ohio-based Norman-Spencer Agency Inc. recently appointed J. Patrick Malone as CFO. In his new position, Malone will oversee Norman-Spencer’s financial operations and manage the corporate accounting department. Malone comes to Norman-Spencer from Indiana Insurance, a subsidiary of Liberty …
