March 23, 2015
Mississippi is one step closer to becoming the 45th state to ban texting while driving, after the state Senate overwhelming passed such a bill on March 9. The governor, for his part, is expected to sign the measure into law …
March 23, 2015
Florida regulators are two years ahead of schedule in ending an assessment used to retire a bond issued by the state-backed property insurer Citizens following the eight-storm 2004-2005 hurricane season. The move codifies a decision by Citizens Property Insurance Corp. …
March 23, 2015
The board of directors of Jacksonville, Fla.-based Harden has elected three of its current vice presidents as officers for 2015. Kelly Craddock, Bettilyn Lunetta, and Elisa Simpson were recognized by the company as new senior vice presidents. In addition, Thea …
March 23, 2015
The Consumer Federation of the Southeast (CFSE) has warned that consumers will be at significant risk if Florida legislators allow transportation network companies like Uber and Lyft to follow different consumer protection standards than other transportation services in cities and …
March 23, 2015
Governor Earl Ray Tomblin has signed a bill changing legal protections when multiple parties are deemed at fault in a lawsuit. The Democratic governor approved a comparative fault bill passed by the Republican-run Legislature on March 5. Currently, if a …
March 23, 2015
A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit ratings to “bbb-” from “bbb” of South Carolina Farm Bureau Mutual Insurance Co. and Palmetto Casualty Insurance Co. (together known as South …
March 23, 2015
A Chattanooga, Tenn., judge has ruled that a state law that caps non-economic damages in personal injury lawsuits is unconstitutional. The Times Free Press reported that Hamilton County Circuit Judge W. Neil Thomas issued the order that is sure to …
March 23, 2015
Integro, Design Insurance Agency Insurance brokerage and risk management firm Integro has acquired Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services to architects, engineers and other design consultants in private practice. Financial details …
March 23, 2015
The industry saw the passing of two of its best known and respected leaders in the past month: Liam McGee, former CEO and executive chairman at The Hartford, and Robert Benmosche, former CEO of MetLife and American International Group. Both …
March 23, 2015
Insurance Journal examined industries experiencing changes and expansions in the past year. Here are the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry in 2015. Construction Overall, construction might be …