MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, has expanded its Private Client Solutions (PCS) division with several new hires in its Fort Lauderdale, Fla., office and one in Tennessee. According to Daniela Finch, MarketScout’s National …
Moped owners may have a new item on their to-do lists in 2016 after getting their small-engine bikes registered with the state starting in July. The General Assembly gave its final approval in June to legislation requiring mopeds have liability …
Citizens Property Insurance Corporation’s Board of Governors has approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased water loss claims and continued inadequate rates for its remaining policyholders along …
Unsuccessful 2014 U.S. Senate candidate Heather Grant says she’ll run for North Carolina insurance commissioner in 2016. Grant of Wilkes County said in June she will seek the Republican Party’s nomination for the job. Current Democratic incumbent Wayne Goodwin has …
Amendments proposed to the North Carolina Captive Insurance Act by the North Carolina Department of Insurance (NCDOI) were met with unanimous support from the N.C. General Assembly and signed into law on June 19, 2015, according to NCDOI. Some of …
The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in the state in 2014, was met with little resistance by Tennessee lawmakers and signed by Gov. Bill Haslam on May 20. The …
Twenty-eight South Carolina counties are now in the first level of drought. The S.C. Drought Response Committee said June 19 that the counties are in the incipient level of drought. Places such as Florence, Manning and Hartsville had received less …
Uber is staying in South Carolina. After the transportation network company (TNC) was halted by the state’s Public Service Commission in January and then granted a temporary license through June 30, South Carolina lawmakers introduced legislation allowing TNCs to operate …
Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Public Chapter 152 – Enacts the “Protection of Volunteer-Insured Drivers of the Elderly (PROVIDE) Act.” Grants immunity from civil liability to volunteers that provide transportation services …
Companies looking to form captives in Georgia can now do so with more favorable conditions since the passage of several business-friendly amendments to the Georgia captive insurance law, which became effective July 1. The effort to make the changes to …
