Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner’s insurance coverage offered by QBE Insurance Corp. The rate reduction will result in an estimated $19.4 million savings to QBE policyholders, with an average …
The board of directors of CSE Insurance Group approved the promotion of Kelli Schulhofer to senior vice president of field operations and market development. Schulhofer’s promotion is effective Feb 1. She began her career with CSE Insurance in 1998. Schulhofer’s …
With Florida lawmakers expected to consider formal changes to the state’s property insurance market next week, state Democrats are signaling that they will likely oppose any measure that results in higher rates. Senate Minority Leader Chris Smith (D-Oakland Park) said …
Florida lawmakers are planning next week to release a draft version of a property insurance reform bill. The Senate Banking and Insurance Committee has taken the lead on property insurance reform this year and so far has listened to more …
A coalition of national interests has introduced a framework intended to shape how the nation responds to natural disasters, or as one advocate of the framework described it, change the way governments and communities operate so they can “prespond to …
Patriot National Insurance Group has named John Rearer as the new president of the insurer’s subsidiary, Patriot Underwriters Inc.As president of Patriot Underwriters, Rearer will oversee Patriot National’s managing general agency, program administration and business process outsourcing.
Three insurance recovery attorneys have joined Barnes & Thornburg LLP’s Minneapolis office as partners in the firm’s Policyholder Insurance Recovery and Counseling Group. The attorneys joining the firm include Thomas C. Mielenhausen, Christopher H. Yetka and Christopher L. Lynch. Mielenhausen, …
Ironshore International announced that Steven W. Komis has been appointed as president of Marine Re, based in New York. Komis will oversee the continued expansion of Ironshore’s Marine Re unit, a specialist marine reinsurance intermediary. He reports to Mark Wheeler, …
Two Kansas lawmakers are seeking support for a measure that would limit employers’ access to job applicants’ social media accounts. Rep. Gail Finney and Sen. Oletha Faust-Goudeau, both Democrats, back measures that aim to protect job seekers from employers who …
President Barack Obama has signed into law a $50.5 billion emergency measure for Superstorm Sandy victims. Here is a quick look at how the $50.5 billion package of recovery and related aid for victims of Superstorm Sandy and other federally …
