In mid-October, Texas Insurance Commissioner Kent Sullivan denied a request by the Texas Windstorm Insurance Association (TWIA) to raise its maximum liability limits for new and renewal policies with an effective date of Jan. 1, 2020, or later. In August, …
A recent study by a national workers’ compensation research organization found that Minnesota workers’ compensation medical payments per claim remained stable from 2012 to 2017. The study, CompScope Medical Benchmarks for Minnesota, 20th Edition, by the Workers Compensation Research Institute …
Proposed rate increases for both private passenger and commercial auto insurance rates have been approved for the Texas Automobile Insurance Plan Association (TAIPA). The Texas Department of Insurance granted TAIPA’s filing for a 4.9% increase private passenger rates and a …
Like many students entering college, Joe Neeley wasn’t sure what he wanted to study. But a presentation on the insurance industry opened the door to a career he’d never thought about before. “I wasn’t planning to major in insurance when …
Texans with property in locations that were hit by the severe weather that swept through Dallas and North Texas on Sunday, Oct. 20 are now targets of a scam involving insurance deductibles, insurance regulators say. The Texas Department of Insurance …
Ongoing rate increases and reductions in capacity are taking shape in most property/casualty commercial lines in the fourth quarter–and for some, will continue into the new year, according to a recent report from broker USI Insurance Services. Only one line–loss …
Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a tornado — …
I honestly do not see many agencies benefitting from outsourcing. They think they do, but their results show otherwise. Most of the time, they would be more successful simply with better management as outsourcing is not a solution for inadequate …
An Alabama appellate court has cleared the way for a lawsuit that alleges outrageous and fraudulent conduct by American International Group and Coventry against a worker who was injured in an explosion and sought psychological care. The Court of Civil …
One of the things Kristy Galecka loves about the property/casualty insurance industry is that there’s always an opportunity to learn something new. Like many others, Galecka “fell into” the insurance business when a friend who worked at the wholesale broker …
