When the Fifth District Court of Appeal (DCA) in California refused to review the Workers’ Compensation Appeals Board’s (WCAB) en banc decision in State Compensation Insurance Fund (SCIF) v. WCAB (Almaraz) on June 16, the Schwarzenegger administration’s efforts to return …
The excess and surplus lines (E&S) marketplace fulfills a huge role in our industry. The exposures it can entertain are virtually limitless. Without this segment of our industry, many risks might very well have gone uninsured. Few agencies can properly …
A recent InsuranceJournal.com poll on agents’ use of social media elicited a number of comments from agents: “Fairly recently, our agency began to embrace social media as a viable tool. We have coordinated FB (Facebook), Twitter, LinkedIn, and a Youtube …
Esurance, Security First Esurance, the online car insurance company, said that it is partnering with Security First Insurance Co. as an underwriter to offer homeowners insurance in Florida. The move comes a little more than a month after Allstate announced …
A variety of changes to Florida’s workers’ compensation law went into effect July 1 after Gov. Rick Scott signed into law CS/HB 1087. The changes affect cancellations, premium audits and prepaid benefit cards. One change allows injured workers to receive …
Just five weeks after the tornado, insurance companies serving consumers in the Joplin, Mo., area had paid more than $509 million in claims for residential, personal and commercial property damaged by the EF-5 tornado that struck the area on May …
North Carolina inspectors responsible for checking rides at Carowinds kept records on every problem they discovered during their annual inspections at the amusement park that straddles both Carolinas near Charlotte, N.C. Their counterparts in South Carolina simply marked the rides …
Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as president of the Independent Insurance Agents of Texas for 2011-2012 during the association’s annual business meeting in Houston on June 24. Patrick Watkins, president of …
Drivers in Oregon and Washington who buy a new 2010, 2011 or 2012 Chevrolet, Buick, GMC or Cadillac vehicle between July 6 and September 6 will receive a one-year insurance policy from MetLife Auto & Home at no additional cost. …
A task force of state insurance regulators has recommended that states support legislation to protect agent and broker commissions from the expense cap imposed on health insurers by the new federal healthcare law’s medical loss ratio (MLR). A health insurance …
