The financial stability of many of Florida’s domiciled homeowners insurance market is a surprising aspect of the state’s very troubled homeowner insurance market and its insurers. Catastrophe modeling, reinsurance, and conservative management practices have kept this class of insurers very …
Americans share a lack of confidence in the Internet that could have political consequences. In addition, the lack of action by government to boost security of the digital infrastructure is manifesting itself in economic losses. Those are two conclusions formed …
N.J. pays premium Flood insurance is a particularly salient issue for my home state of New Jersey. Surrounded by the Delaware River to the west and the Hudson River and Atlantic Ocean to the east, New Jersey is especially prone …
Tom Van Berkel, president and CEO of The Main Street America Group, recently met Academy Award-nominated actor Bill Murray at the Murray Brothers Caddyshack Charity Golf Tournament at the World Golf Village, St. Augustine, Fla. The sixth annual event, sponsored …
Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers — Applied Insurance Research, EQE International’s EQECAT, and Risk Management Solutions — went back to the drawing board to reassess their models …
A veteran who lost both arms in the war in Iraq is suing filmmaker Michael Moore for $85 million, alleging that Moore used snippets of a television interview without his permission to falsely portray him as anti-war in “Fahrenheit 9/11.” …
A North Carolina-based company has reached a settlement to resolve Florida price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Crist identified the company as Southeastern Restoration Inc., also known as Afterdisaster. Crist …
Insurers find the political and regulatory environment in New Hampshire favorable. “[I]t’s clear that in New Hampshire, we have a different marketplace than the other New England states. It’s a very positive environment … here,” explains Michael Christiansen, president of …
California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with an effective date on or after July 1, 2006. The filing also …
Barbaro, the colt that was seriously injured during the Preakness just two weeks after winning the Kentucky Derby, is insured. According to owner Roy Jackson, the cost of the insurance jumped after Barbaro won the Florida Derby and the Kentucky …
