Florida’s Department of Financial Services is working out the details of a program offering grants of up to $5,000 to homeowners who take steps to mitigate hurricane damages. Individual matching grants of up to $5,000 will be available for homes …
Agents, risk managers and insurers press Congress for long-term TRIA solution Two U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk Assessment–held a hearing late …
The Florida Department of Financial Services has released its “Top-10 Fraud List,” summarizing the 10 costliest or boldest scams investigated resulting in convictions from July 1, 2005 to June 30, 2006: ‘Top-10 Fraud List’ First do no harm–Dr. Thomas Merrill …
There are small but significant gains to be made for insureds in the current London directors and officers market, according to the majority of underwriters surveyed in the Willis Index tracking the D&O market. In the second quarter of 2006, …
So, think there’s limited competition around service in personal lines? Think again. Northeast insurers are tripping over themselves to herald their latest service features, which is good news for agents and consumers. Consider these recent events: Hail to Mt. Washington …
Florida is moving to reactivate a state-run reinsurance pool for commercial lines insurance to help businesses obtain insurance. The Commercial Joint Underwriting Association (JUA) is intended to provide property insurance coverage to business owners who have been unable to secure …
Insurer St. Paul Traveler’s Companies Inc. said its profit fell 9 percent in the second quarter, but still beat analysts’ expectations. The company also disclosed a $42 million charge “for an additional legal provision related to investigations of various business …
Virtually everybody involved in Delaware’s workers compensation system agrees the system is broken. The hard part is figuring out how to fix it. Gov. Ruth Ann Minner tried unsuccessfully to ram a reform bill through the legislature last month before …
Citizens Property Insurance Corp. has reversed a June decision to cancel its builder’s risk program and agreed to renew existing builder’s risk policies and write new policies in Florida until the end of the year. The shift in policy was …
State Farm has launched a series of initiatives to expand its markets while contributing to the economic vitality and safety of low-income neighborhoods. To help reach its goals, State Farm has developed a long-term, strategic business relationship with Neighborhood Reinvestment …
