September 19, 2017
With many agents currently assisting clients in determining if they have claims and the insurance claim filing process in the aftermath of Hurricane Irma, one most common question received by the Florida Association of Insurance Agents has been: Should you …
September 19, 2017
Federal authorities say a West Virginia man has been sentenced to almost three years in prison for a staged vehicle crash, faked injuries and false insurance claim for a $41,000 settlement. According to prosecutors, 34-year-old Michael Sine, of Fairmont, also …
September 19, 2017
The National Center for Disaster Fraud (NCDF) along with U.S. Attorneys’ Offices in the District of Puerto Rico, Southern District of Florida, Middle District of Florida and Northern District of Florida have formed task forces comprised of local, state and …
September 19, 2017
Florida policyholders so far have filed nearly $2 billion in claims to insurers for damage from Hurricane Irma, the state’s insurance regulator said on Monday. The estimate of insured losses is based on preliminary statewide data that insurers filed with …
September 19, 2017
Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines basis using a claims-made policy form. …
September 18, 2017
ZhongAn Online P&C Insurance Co., China’s largest online insurer, started taking orders for a Hong Kong initial public offering that could raise as much as $1.5 billion. The Shanghai-based company is offering 199.3 million new shares at HK$53.70 to HK$59.70 …
September 18, 2017
Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the U.S. Virgin Islands and Puerto Rico on Tuesday as the second top-strength storm to lash the Caribbean this month. Maria …
September 18, 2017
Hotchkiss Insurance Programs LLC, based in Dallas, has appointed Timothy Sunderman as president. He will assume operational responsibility and will report to Michael Hotchkiss, the company’s chief executive officer. Sunderman’s primary focus will be to preserve, optimize and grow Hotchkiss …
September 18, 2017
Chicago-based insurance brokerage Hub International Limited (Hub), has acquired the assets of Benefit Advisory Group LLC (Benefits Advisory Group), with offices in New Orleans and Baton Rouge, La. Terms of the acquisition were not disclosed. Benefit Advisory Group specializes in …
September 18, 2017
The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston or the state’s vulnerable coastline, which has been walloped by …