Recent data from Florida indicate that the economics for a multistate surplus lines tax allocation clearinghouse are unworkable. There simply is not enough multistate surplus lines tax to support the cost of a clearinghouse. This is not new information. (See …
Florida largest property insurer named a state regulator and former state lawmaker as its interim president. Citizens Property Insurance Corp. announced yesterday that it has hired Tom Grady to take over as president and CEO, replacing Scott Wallace who announced …
There is less consensus when it comes to rating the performance of key players in the state’s insurance marketplace, however. Some public officials get better grades than property/casualty insurance executives as a group. More than 50 percent rate House and …
A Mexican immigrant who had a romantic relationship with an Arizona sheriff has filed a $1 million notice of claim against the sheriff and the county. Pinal County Sheriff’s officials say the precursor to a lawsuit was received by their …
A surprisingly large number of U.S. teen drivers admit to having driven under the influence of marijuana, according to Liberty Mutual Insurance and SADD (Students Against Destructive Decisions). Liberty Mutual in Boston said its survey shows 19 percent of teen …
Don’t Text and Drive “Over time, it’s going to be part of getting people to get their priorities straight. When they’re driving a car, they need to be focused on the road.” —Pennsylvania State Rep. Eugene DePasquale, D-York, commenting on …
To non-Spanish speakers, El Nido may sound like it translates to “the need.” While “need” is just about right when it applies to the ideology behind a program to help victims of domestic violence in San Diego, Calif., the phrase …
Louisiana Commissioner of Insurance Jim Donelon has warned licensed insurance producers in his state about an alleged scam that involves possible fraudulent insurance covering habitation risks including homeowners associations, hotels, condominium developments and apartment buildings. Possible invalid coverage, binders and …
2012 Hot Market: Housing Market 2012 is delivering a sense of growing optimism for the housing industry – a welcomed relief to a market that has been troubled in recent years. See our full feature on the housing market. 2012 …
California Labor Commissioner Julie A. Su’s aim is to send a message to the state’s underground economy. The message is that the principals of companies with shady employment practices, such as those who try to cut costs by under-reporting employees …
