Rick Bondurant has rejoined the Independent Insurance Agents of Texas (IIAT) staff as director of management resources. In this role, Bondurant is responsible for developing, implementing and managing strategic agency management initiatives and programs for member agencies across the state. …
The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with poor loss histories are experiencing even larger …
The Dodd-Frank Act of 2010 brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression. It represented a significant change in the American financial regulatory environment affecting all federal …
State regulators say mutual insurance companies that provide property coverage to rural Missourians will be financially stronger because of a new reinsurance requirement. Missouri Department of Insurance reports that a new state regulation requires each farm mutual to carry enough …
Hurricane Andrew hit South Florida with winds topping 160 mph on August 24, 1992, devastating several communities. According to Gary Kerney, of Verisk’s Property Claims Services, the insurance industry had never seen anything like the damage that Andrew inflicted on …
Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Petrochemical Risks Market Detail: James River Insurance Co. covers manufacturers of chemicals, oils, soaps, …
Just months after Florida lawmakers enacted a law targeting the role of check cashing companies in the construction industry, state officials announced a string of arrests netting more than $140 million in fraudulent transactions. One investigation revealed that Hugo Rodriguez …
Workers’ compensation loss costs in Kentucky are down for the seventh consecutive year. The loss cost figures show an average reduction of 7.9 percent for the 590 industrial classes used in Kentucky. These classes include manufacturing, office and clerical, contracting, …
Vermont is well-known for, among many other things, its leading captive insurance industry — home to more than 900 captives. The state’s captive insurance advocacy group, the Vermont Captive Insurance Association, held its annual conference last month. The event drew …
A Tennessee court has allowed a man to pursue a racial discrimination lawsuit after being reprimanded for his role in a questionable workers’ compensation claim. The U.S. Court of Appeals Sixth Circuit ruled that Everett Chattman could pursue the Title …
