January 27, 2008
In a court ruling that came out late on Jan. 18, Allstate was reinstated as a player in the state of Florida in spite of the suspension issued earlier by the Florida Office of Insurance Regulation (OIR). Allstate and Allstate …
January 27, 2008
On Jan. 15, Florida Insurance Commissioner Kevin McCarty abruptly halted a public hearing with Allstate Insurance officials, upset that they had not fully complied with subpoenas questioning their companies’ homeowners insurance rate filings. That disruption made front page news of …
January 25, 2008
Allstate Insurance Co., in an ongoing exchange with the Florida Office of Insurance Regulation, submitted between 12,000 and 13,000 pages of documents Wednesday, according to a company spokesman. Allstate’s Adam Shores said the latest batch of documents, based on a …
January 18, 2008
The Florida Office of Insurance Regulation issued a final order immediately suspending Allstate Insurance Co. and its subsidiaries from writing any new business in all lines of insurance in Florida – including auto and commercial – until the company fully …
January 16, 2008
The Florida Senate Select Committee on Property Insurance Accountability sent letters to five property and casualty insurance company executives Tuesday requesting their presence in Tallahassee on Feb. 4 and Feb. 5 to provide sworn testimony. In the letter, the committee …
January 13, 2008
Selling Long-term Relationships over Short-term Savings For contractor Paige Smith of Neuse Tile Service Inc. in Youngsville, N.C., the increase in cold calls she is receiving from insurance agents is a sure sign of the industry’s softening market. A couple …
December 23, 2007
Global firefighter claims U.S. Forest Service stonewalls on Russian aid while U.S. wildfires burn While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head …
December 23, 2007
Carriers and agencies both face challenges in maintaining quality relationships Agents might think they have their hands full trying to attract and retain quality employees, but they are not alone. Insurance carriers face challenges in getting and keeping quality agents, …
December 2, 2007
General contractors in Georgia are no longer able to use subcontractors as a broad shield against bodily injury and property damage claims at construction sites under a new law. The new statute went into effect July 1. The legislation makes …
December 2, 2007
States that already have a mandatory statewide building code and have enforcement measures in place would be eligible for an additional 4 percent of federal disaster relief funds under recently introduced federal legislation. U.S. Reps. Doris Matsui, D-Calif., and Mario …