The Biggest Loser?
Workers’ Compensation System Could Be Big Loser If Obesity Epidemic Not Brought Under Control It’s time to face facts, the U.S. is a nation of fatties. About a quarter of the nation is obese, according to the Centers for Disease …
Florida Domestic Insurers Need Backup Plans In Event State Hurricane Funds Slow
Most of Florida’s smaller domestic property insurers have initiated backup financing plans in the event the state-backed hurricane fund can’t meet its obligations right after a major storm hits. According to an actuary whose firm is reviewing 59 of the …
Tennessee: Policy Doesn’t Cover Snipers
A homeowners insurance policy does not cover damages from a fatal sniper attack by the sons of the policyholders, the Tennessee Court of Appeals has ruled. The court ruled that a policy exclusion barring coverage for damages “reasonably expected or …
Every Agency Can Measure and Maximize Its Performance
Clear Roles, Documentation, Communication Among Lessons Shared By Consultants for High-Performing Agencies Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t get cheap when …
2007 State Obesity Rates
2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …
Florida Approves Bill to Raise Property Insurance Rates
Florida Gov. Charlie Crist has said he would sign legislation passed at the eed of the legslative session that increases property insurance rates by 10 percent on more than 1 million customers of the state-backed Citizens Property Insurance Corp. Crist …
Workers’ Compensation Insurers Break Even in 2008
Recession Reduces Claims but Poor Investment Climate Frustrates Insurers The workers’ compensation insurance industry experienced a year of mostly solid results in 2008, according to Dennis Mealy, NCCI Holdings Inc. chief actuary. In its annual “State of the Line” report, …
Mennonites Seek Auto Insurance Law Exemption
The law requires them to buy motor vehicle insurance but their religion keeps them from using it. The small community of Mennonites that multiplied along a web of dirt roads in rural southeast Georgia has steadily grown the same way …
Mennonites Seek Auto Insurance Law Exemption
The small community of Mennonites that multiplied along a web of dirt roads in rural southeast Georgia has steadily grown the same way it does just about everything: Quietly. The community’s 100 or so members have raised their own church, …
Declarations
Few Signs “Most risk managers continue to see flat or slightly lower premiums at renewal. The insurance market is still very competitive and, while some insurers are predicting an imminent hard market, there are few signs that rates will rise …
