Monthly Archives: <span>August 2015</span>

A.M. Best: Will 2015 Be the Year That Tests Florida Property Insurers?

The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)–the state-run property insurance company–continues to depopulate and move policyholders to the private market, which has increasingly seen the emergence of newly formed, …

U.S. Appeals Court Rules for State Farm Whistleblowers in Katrina Fraud Case

A federal appeals court has ruled that whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina. In its decision, the New Orleans-based 5th U.S. Circuit Court …

People – Southeast

J.M. Wilson has added Kayley Dana to the firm’s Charleston, S.C., office as transportation underwriter. Dana is responsible for quoting new and renewal transportation risks, and serving independent insurance agents in Georgia, North Carolina, South Carolina, and Tennessee. Prior to …

The Doctors Co. Challenges Florida’s Order to Decrease Med Mal Rates

An order by the Florida Office of Insurance Regulation for medical malpractice insurer The Doctors Co. (TDC) to decrease its rates by 15 percent is being contested by the California-based company. A hearing has been set for Oct. 7, 2015, …

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Special Events Coverage Market Detail: Abacus Insurance Brokers covers more than 250 types of special events, with policies available on a …

Congratulations Top Agencies

This year marks the 11th annual publication of Insurance Journal’s Top 100 Agencies special report. While there have been many agencies to make the Top 100 year-over-year there also are many newcomers each year and a few to return after …

Deal Activity Still Impressive

Deal count for the second quarter of 2015 was one of the most active quarters on record with 87 announced transactions. The total deal count for year-to-date 2015 (as of July 6, 2015) was at 187 (U.S. based transactions). This …

Evolving Consumer Base Is Changing Personal Lines: Conning

There are “far-reaching implications” for personal lines insurers and the products and services they provide as the U.S. continues to undergo changes in its demographic structure, an industry report states. The third annual overview of personal lines insurance consumer markets …

Simple Solutions

Once upon a time a doctor on Main Street USA made the same diagnosis and prescribed the same solution for every patient. This was a long time before WebMD or even Marcus Welby, MD. Patients had to weigh their two …

Autonomous Vehicle Liability: Not Automatic Yet

A recent blog post asked a complicated question around the increasingly popular topic of insurance liability for accidents that involve autonomous vehicles (AVs — vehicles that can, as prototypes today, drive themselves on everyday streets and highways). The question is …