The Texas Department of Insurance issued a bulletin reminding insurance companies and agents that misrepresentation of insurance policies by failing to state a necessary material fact, or by making a statement in a manner that would mislead a reasonably prudent …
The Los Angeles chapter of the Chartered Property Casualty Underwriters Society has installed its 2010-2011 officers and directors. They are: President William J. “Joe” Wetter of William J. Wetter Insurance & Risk Management Consulting; President Elect Jim Taylor of 21st …
Ohio Department of Insurance Director Mary Jo Hudson announced a new online tool designed to educate and assist Ohioans in finding auto insurance that fits their needs. The Auto Insurance Sample Premium Calculator, available at www.insurance.ohio.gov, can be used to …
The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market realtors would not consider dropping their errors and omissions (E&O) coverage, when …
The medical professional liability insurance industry faces new challenges from both health reform and increased competition. A new industry study by Conning Research & Consulting claims that both health care reform and heightened competition will slow growth and profitability for …
An insurance agent who conned a Grand Forks, N.D., real estate company into paying for nonexistent home insurance policies has been given four years of probation. A judge also ordered 44-year-old David Glessner to have four months of electronic monitoring …
Allstate Insurance Co. announced it is dropping the price California consumers pay for renter’s insurance coverage 19.6 percent statewide. The company is also cutting condo insurance rates in California 6 percent. Rate changes are effective now. The company said favorable …
Houston-based HCC Insurance Holdings Inc. announced that Leslie Stone Heisz and Deborah Hicks Midanek have been elected as independent members of the company’s board of directors. Heisz will also serve on the Enterprise Risk Oversight Committee and the Investment & …
Ohio’s largest city will offer domestic partner benefits to its employees a dozen years after a similar plan was canceled under public pressure. The Columbus City Council has approved health insurance coverage for the gay and unmarried partners of city …
Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the company’s customers in Texas. Farmers’ spokesman …
