November 20, 2006
Southeast insurance commissioners seem happy about how they got where they are. During the recent Southeastern Regulators’ Association annual conference in South Carolina, moderator Michael Maloney asked: “What do you see are the benefits of being an elected official versus …
November 20, 2006
Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …
November 20, 2006
A laptop computer stolen from an insurance brokerage firm contained the names, birth dates and driver’s license numbers of more than 1,200 Villanova University students and staff members, the school said. No Social Security numbers were involved, said Kenneth G. …
November 20, 2006
A retired insurance industry executive turned turbo-charged motivational speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as …
November 20, 2006
The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators in the southeastern United States. If insurance commissioners in …
November 20, 2006
More than one in four Americans say their financial information or personal information has been stolen, sometimes by someone they knew, according to a recent survey. The study done for Experian, the credit rating agency, found that about 19 percent …
November 20, 2006
New York agents want insurers to stop and think before penalizing small businesses that report incidents where no paid claims result. The Independent Insurance Agents & Brokers of New York Inc. has sent a letter to 26 insurance chief executive …
November 20, 2006
For a small to midsized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also president of the Independent Insurance Agents and …
November 20, 2006
The Property and Casualty Reform Committee formed by Florida Gov. Jeb Bush in June has come up with recommendations for solving the insurance crisis in the state and Bush is weighing whether he should call a special session of the …
November 20, 2006
Commercial insurance premiums fell slightly in the third quarter of this year, representing a continuation of the trends that occurred in the past two quarters, according to the RIMS Benchmark Survey, which surveys current policy renewal prices as reported by …