Forecasters agree: 2007 Atlantic hurricane season to be busy one Weather forecasters agree that the 2007 hurricane season, which runs from June 1 through Nov. 30, with peak activity in August through October, should be a busy one. The National …
Storm-tested, researched Fla. building codes remain a work in progress When Category 5 Hurricane Andrew damaged or destroyed more than 125,000 Florida homes and left about 250,000 people homeless in south Miami-Dade County, the destruction was born from a mix …
The statutory surplus for property and casualty insurers is at a record $488 billion, according to the CEO of one Dallas-based regional insurer, and they are going to be looking for somewhere to put that cash to work. Mergers and …
La. sees rate decreases in workers’ comp filings Workers’ compensation insurance rates are decreasing in Louisiana, according to Commissioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for insurers. According to the …
Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission on May 24, 2007, approved a 16 …
Critics: Wyoming medical review panels aren’t lowering premiums Critics of panels that review medical malpractice cases in Wyoming say the oversight has not lowered the cost of medical malpractice insurance. Voters in 2004 amended the state constitution to allow the …
Calif. permanent disability cuts ruled invalid A Workers Compensation Appeals Board judge has invalidated California’s rating schedule that cut injured workers’ permanent disability compensation. According to the California Applicant Attorneys Association, Judge Jacqueline Duncan ruled in Scott Boughner vs. Comp …
Washington Insurance Fair Conduct Act becomes law Insurance industry associations are criticizing Washington Gov. Chris Gregoire for signing into law the Insurance Fair Conduct Act, a measure they say will raise insurance costs. The law, which will take effect on …
Survey: 75% of consumers satisfied with insurance agents; personalized service Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new survey of …
Lloyd’s and Economist Intelligence Unit report warns of threats from political violence Global business leaders report they are increasingly concerned about risk; prevents some from investing overseas A new report from Lloyd’s and the Economist Intelligence Unit (EIU) has found …
