The American Insurance Association’s support of a draft proposal for an optional federal charter for p/c insurance companies has once more taken the industry to the edge of the regulatory thicket. The AIA position, which again fuels the debate over …
Court decisions coupled with new state statutes are holding sellers of alcoholic beverages increasingly responsible for damages under liquor liability laws. Nevertheless, liquor liability insurance continues to be a quiet, if not dwindling, market throughout the U.S. In fact, more …
When John Pergande took over as chairman and CEO of INSpire Insurance Solutions last fall, he had a clear vision for the company’s mission and he knew what needed to be done to turn the then-faltering company around. With little …
Court decisions coupled with new state statutes are holding sellers of alcoholic beverages increasingly responsible for damages under liquor liability laws. Nevertheless, liquor liability insurance continues to be a quiet, if not dwindling, market in Texas and elsewhere. In fact, …
In the continuing quest for great customer service, I offer the following excerpt from a newsletter published by Jack Fries of Fries & Fries Consulting. Recently I received a renewal billing on my BOP which included four surprising things: 1) …
Federal legislation aimed at helping prevent fraud from within the ranks of the rapidly converging financial service sector has been voted out of the House Financial Services Committee. This legislation — the Fin-ancial Services Antifraud Network Act 2001 — gives …
With the emerging clarity of historical perspective, the effects of the catastrophe wrought by Tropical Storm Allison are coming into sharper focus. Damage assessments become more accurate. Loss figures more exact. Most information continues from the big picture point-of-view, however. …
The Alliance of American Insurers is on record as having asked Texas Gov. Rick Perry to veto two insurance-related bills One of the bills, SB 1654, is also opposed by the Association of Fire and Casualty Companies of Texas. The …
Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases in oil drilling and …
Lawyers for Ecuador’s Galapagos Islands plan to sue for damages in the wake of an oil spill, according to several news reports; however, the Miamai, Florida-based insurance agency that placed the coverage maintains the policy had been cancelled prior to …
