Federal lawmakers once again are preparing to tackle the issue of how states can more effectively regulate the surplus lines insurance market. It’s been tried before, but legislation was recently reintroduced in the U.S. House of Representatives with the goal …
New York state Insurance Superintendent Eric Dinallo will resign effective July 3, amid speculation the former prosecutor may run for state attorney general. Dinallo, who was a top aide to former Democratic Governor Eliot Spitzer when he was state attorney …
And Other Lessons from 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 cheap out on the training. Do those tactics sound …
Harleysville Insurance of Pennsylvania has named Jonathan Young senior vice president and chief claims officer. Young will oversee all claims activities for the Harleysville organization, which includes oversight of the company’s home office central claims unit and its four regional …
A new deadline of July 15 has been set for settling the terms of State Farm’s withdrawal from the Florida insurance market. Representatives of Florida insurance regulators and State Farm Florida had hoped to resolve their differences by June 15 …
Florida’s domestic property insurance companies are opposing a bill on Gov. Charlie Crist’s desk that would deregulate rates for a few large national carriers but leave their own rates subject to state regulation. Gov. Crist has until June 27 to …
The government bailout of AIG and controversial bonuses paid by the insurer cannot be brought up during trial of the company’s suit involving former CEO Maurice “Hank” Greenberg, a judge ruled on Monday. As the trial opened before a jury …
President Barack Obama Monday warned doctors the U.S. healthcare system was a ticking time bomb and urged them to support his overhaul plan, which includes a public insurance program that many of them view with skepticism. Obama took his healthcare …
Commercial property/casualty insurance prices showed the smallest decline in four years – less than 1 percent drop overall. Such pricing trends provides increasing evidence that the soft market is reaching its end, according to Towers Perrin’s most recent commercial lines …
Jacksonville, Fla.-based Fidelity National Property and Casualty Insurance Group has added Kay Cummings to its flood management team. Cummings brings 20 years of experience specializing in flood insurance to the nation’s largest provider of flood insurance through the Write Your …
