In light of the hurricane season that began June 1 and ongoing Mississippi and Atchafalaya flooding, Louisiana Insurance Commissioner Jim Donelon is imploring consumers to protect themselves and their property against Louisiana’s most frequent and unpredictable natural disasters – hurricanes …
New Jersey-based New Day Underwriting Managers promoted John Heft to senior vice president and director of its real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the company’s real estate book of …
In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The traditional taco truck sells more than just tacos these days – a lot more. Today’s mobile food vendors sell everything …
Four of the top 10 most dangerous metropolitan areas for pedestrians are in Florida, according to a new report by a transportation and environmental group. The top four are Orlando, Miami, Jacksonville and Tampa. Other dangerous cities in the top …
Tennessee Gov. Bill Haslam is expected to sign a bill allowing the formation of new types of captive insurance companies in the state and guaranteeing funding for their regulation. The state has been falling behind in the race for captives …
Mississippi regulators have moved to limit homeowners’ insurance premium hikes that result from changes in an insurer’s fire grading system. Mississippi Insurance Commissioner Mike Chaney has instructed insurers that during any 12 month period they may only raise an insured’s …
The Independent Insurance Agents & Brokers of New York (IIABNY) says it is moving forward with a legal appeal of a court ruling that allowed the state to require agents to reveal their commissions to clients. The group said it …
Devastating tornadoes, floods, earthquakes overseas and a busier-than-usual hurricane season have U.S. insurance companies bracing for record losses in 2011. Insurers could suffer as much as $10 billion from weather-related losses in the United States in 2011, which is up …
State Farm says it has paid almost $1 billion on about 300,000 catastrophe claims from devastating storms across the central and southeastern United States over the past two months. Around 284,000 of the claims are from April storms that included …
Storm Model Hits Inland Territories; Could Alter Property Insurance Political Landscape Florida’s history with hurricanes has created a series of assumptions long treated as facts, none of which is more quoted than the “fact” that the exposure on the coastline …
