Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The Florida Commission on Hurricane Loss Projection Methodology approved the RMS U.S. …
A group of 30 brokers from across the U.S. and Canada are set to visit Lloyd’s this week as part of an annually organized broker program. They will come to London for five days to “learn about the Corporation of …
While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but also the …
Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and omissions policies for life insurance agents …
Forum communities are a growing part of our high-tech business society. On average, people working in the office can spend 6-8 hours on a computer and 3-4 more when they arrive home. Almost 100% of computer users are going to …
Insurance Commissioner Dave Jones announced that he has appointed Erika Sperbeck as the new deputy insurance commissioner of the Administrative and Licensing Services Branch. Sperbeck comes to CDI from the California Health and Human Services Agency, where she has served …
A San Francisco Superior Court has approved California Insurance Commissioner’s rehabilitation plan for Majestic Insurance Co., a failed workers’ compensation insurance carrier. Under the plan, Majestic’s insurance liabilities and certain assets will be transferred to AmTrust North America Inc., which …
San Francisco-based Woodruff-Sawyer & Co., an independent insurance broker, has named John Pierson vice president, account executive, in the company’s Southern California Office. He will focus on client service and specialize in assisting with their risk management needs. Pierson has …
McMullen Insurance Agency of Elko, Nev., has joined the ISU Network. The agency was established in 1952 by Hugh D. McMullen and is currently owned by his son H. Russell McMullen and Russ’ wife, Anne. The agency provides personal, commercial …
Miami Lakes, Florida-based NSI Insurance Group it has merged with another Miami-based brokerage, Royal Marine Insurance Group. The combined agency will continue to be known as NSI Insurance Group. The executives and staff of Royal Marine bring a specialty and …
