When asked how his colleagues and staff took the news from North Carolina Insurance Commissioner Jim Long that he was departing public life, he said, “I think they’re just wondering who will stir things up and joke around now.” Long’s …
More than 40 percent of “likely” Florida voters polled in a recent survey describe the current property insurance market as a crisis, according to the Property Casualty Insurers Association of America. Neil Newhouse, of Public Opinion Strategies, conducted the survey …
Education of the masses emerged as an agreed-upon strategy regarding proposed mandatory installation of sprinkler systems in certain new residential structures in North Carolina. The North Carolina Building Code Council’s residential standing committee hosted an information-gathering forum on Feb. 12 …
After two days and 18 hours of testimony, it was unclear what state policymakers plan to do next Revelations of near insolvency, pending non-renewal of thousands of homeowners’ policies, the use of short-term storm forecast methods and disclosure of executive …
Another wave of tornadoes materialized in the Deep South over the weekend and this time, in Prattville, Ala., several businesses on a commercially populated boulevard were severely damaged, according to a Department of Insurance spokesman. Ragan Ingram of the Alabama …
A North Carolina Firefighters’ group petitioning for mandatory safety measures in certain new residential construction believe a recent ruling by the state’s Building Code Council to hold-off pending further study came too quickly. Wes Greene, chief of the Mooresville, N.C. …
Gov. Crist and state officials suggest the change would free up more capacity but others question that theory Insurance trade organizations believe a move by Florida Gov. Charlie Crist to reduce collateral requirements for foreign reinsurers in the state’s insurance …
After the Florida Senate Select Committee on Property Insurance Accountability heard testimony from The Hartford and Florida Farm Bureau Tuesday, Sen. Steve Geller, D- Hallandale Beach, said the final group of the day, American Strategic Insurance, “will leave us with …
The Hartford Group, testifying in front of the Florida Senate Select Committee on Property Insurance Accountability Tuesday said they will implement a non-renewal program in Florida beginning in August. The year-long effort will affect 27,000 customers. Tom Johnston, senior vice …
Referring to what he felt were Allstate Insurance executives’ evasive answers to questions posed by Florida senators on Monday, Sen. Bill Posey, R-Rockledge, said he hadn’t seen so much bobbing and weaving “since Muhammad Ali’s rope-a-dope.” Allstate Floridian Insurance Co., …
