IIABA president: contingency commission crisis threatens agents For a small to mid-size independent insurance agency, contingency commissions can determine whether the business survives, according to many in the industry. That explains why Alex Soto, a Miami agent who is also …
Insurance political contributors favor Republicans Insurance-related contributors to this year’s midterm Congres-sional races are favoring Repub-licans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the non-partisan Center for Responsive …
Even though the storm disproportionately affected poor blacks, many residents of predominantly black neighborhoods said they were not aware they could seek state help, or else were skeptical about the help offered. Lawmakers say New Orleans insurance analysis reveals racial …
New coverage aims to provide benefits when partners part ways If John Logan has his way, sometime in the very near future, people across the globe will be able to purchase insurance coverage against the potential financial devastation often caused …
Fla. boosts insurance discounts for storm safety Many Florida homeowners will get larger property insurance discounts – about double what they now receive – for improvements aimed at avoiding hurricane damage under a rule approved by Gov. Jeb Bush and …
Fla. gubernatorial candidates offer property insurance proposals If he is elected governor, Democratic gubernatorial candidate Jim Davis says Florida homeowners would see lower property insurance rates as soon as next year and a guarantee of at least partial coverage by …
National Lloyds, American Summit to be acquired by ARC A.M. Best expects ratings to remain stable Affordable Residential Com-munities Inc. (ARC) of Englewood, Colo., announced it would buy Waco, Texas-based NLASCO Inc., a privately held property and casualty insurance holding …
Okla. AG, Ark. governor spar over chicken waste Arkansas Gov. Mike Huckabee said Oklahoma Attorney General Drew Ed-mondson is playing politics by demonizing the poultry industry and setting unrealistic goals for reduced pollution levels in Oklahoma’s rivers. “Unfortunately, your attorney …
Utah workers’ comp fund plans no changes The Utah Workers Compensation Fund, an insurance pool that pays Utah residents who are injured on the job, has dropped plans to restrict benefits. Earlier, UWCF officials considered asking for a change in …
Damage from Hawaii’s 6.6 earthquake predicted to be widespread Officials have begun inspecting bridges and roads across Hawaii, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but …
