The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to the state’s workers’ compensation system were passed in 2013. …
Florida’s top insurance regulator has issued a warning to residents facing damage from Tropical Storm Gordon, the first major storm to impact the state in the 2018 Hurricane Season. Florida Insurance Commissioner David Altmaier, an outspoken critic of ongoing assignment …
Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed interim chair by Florida Chief Financial Officer Jimmy Patronis. Gardner notified Patronis …
Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI). But the recent trend of lower rates may not last for …
Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed as interim chair by Florida Chief Financial Officer Jimmy Patronis. Gardner notified …
Mississippi Insurance Commissioner Mike Chaney has announced he will run for re-election for a fourth term in 2019. The 74-year-old Chaney made his announcement Aug. 1 at the Nashoba County Fair in Philadelphia, Miss., and a spokeswoman from the Mississippi …
A new insurtech agency has entered the Florida homeowners market space with a rating engine offering quotes from multiple domestic carriers and the ability to purchase coverage in one transaction. HoneyQuote.com, launching next month, was created by Franklyn Taveras and …
The West Virginia Attorney General’s Office is eliminating its Division of Employment Programs and Workers’ Compensation Defense, resulting in the loss of 10 jobs. The Charleston Gazette-Mail reports the division shut down Aug. 6 in response to the state Insurance …
Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according to a statement from GADOI. The money …
A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First Insurance Co. has launched an optional …
