June 15, 2009
LAAIA Chief Says Property Markets Will Be a Problem in South Florida Until There’s a National Plan Being an independent agent in south Florida means never having enough property markets. That was true years ago and remains true today, according …
June 15, 2009
Eleven states also elect insurance commissioners and given that insurance regulators are in many ways judges, the same potential conflicts are in play. An elected West Virginia judge should have taken himself out a case involving one of his major …
June 15, 2009
Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually reduce the exposure of the state’s hurricane insurance …
June 15, 2009
Hiscox Hiscox, an international specialist insurer, has opened an office in Miami to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve brokers in the Southeast. The lines of …
June 15, 2009
Rates for some coastal property owners insured through the residual market insurance organization known as the Alabama Beach Pool are going up July 1. The overall average hike will be 5.5 percent, according to the Alabama Insurance Underwriting Association, the …
June 15, 2009
As the economic downturn continues, a new report finds that millions of African Americans and Latinos lost economic security between 2000 and 2006, and that more than four out of five are either borderline or at high risk of exiting …
June 15, 2009
Burns & Wilcox reported that Kendra Corman has joined the company as its new marketing director. Corman is responsible for managing the company’s advertising and marketing initiatives, which includes overseeing new product launches and developing e-mail marketing strategies, agent incentive …
June 15, 2009
Kansas City-based insurance broker Lockton has added Michael Todorovich II as vice president and producer in its St. Louis office. With more than 11 years of experience in the insurance industry, Todorovich’s expertise includes mergers and acquisitions and executive risk. …
June 15, 2009
The Supreme Court of Ohio has ruled that when a plaintiff’s injuries arise from a hazardous condition on a defendant’s property that is in violation of the Ohio Basic Building Code, the property owner may assert the common law defense …
June 15, 2009
The Illinois Department of Insurance (DOI) is once again an independent division of state government, a position it held for more than a century prior to its consolidation with several other state agencies in 2004. Gov. Pat Quinn with Executive …