Flooding Costs Are Outweighed by Regional Economic Benefits Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second thought until one …
A little over two years ago, the Texas Supreme Court issued the landmark decision of Mid-Continent v. Liberty Mutual. In that case, the Court up-ended the traditional relationship of co-insurers by changing the nature of other insurance clauses and stripping …
U.S. Risk, Goss Re U.S. Risk Insurance Group Inc., based in Dallas, has expanded into the specialty reinsurance brokerage marketplace with Goss Reinsurance Brokers Inc. Goss Re will operate as a specialty reinsurance broker for medium to small insurance carriers, …
In October 2008, my colleague and friend, Christopher J. Boggs, associate editor of MyNewMarkets.com and frequent contributor to Insurance Journal, wrote: “The beginning of mandated insurance continuing education (CE) was the end of the true insurance professional. To be considered …
19.1% State Farm Fire and Casualty Co. is seeking a statewide average 19.1 percent homeowners rate hike in Louisiana. Coastal residents would bear the brunt of the increase, which would average about $229 per policyholder, according to the Associated Press. …
A luxury residential construction firm has filed suit against 14 insurance companies to force them to cover claims relating to allegedly defective Chinese drywall. The suits were filed by WCI Chinese Drywall Trust, which was formed in bankruptcy proceedings of …
Keystone Group, C.M. Moore, Al Torstrick C.M. Moore Insurance of Bowling Green and Al Torstrick Insurance of Lexington will be the first franchises in Kentucky for Keystone Insurers Group (KIG), the nation’s sixth largest privately-held property/casualty agency. The two firms …
Since their inception in the days of Ben Franklin, the nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. But the current economic recession has added to existing financial strains on community resources and …
Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …
Insurance agents, a former insurance commissioner and a consumer advocate have sounded an alarm about the property insurance marketplace in Florida that has seen four insurers get into financial trouble in the past year. Citing the insurers’ financial woes as …
