May 25, 2010
CNA Select Risk – which includes Excess & Surplus (E&S) business, as well as Wholesale Property accounts – announces new growth in its Casualty unit with the opening of new locations in New York City and, soon, Los Angeles. The …
May 25, 2010
An insurance organization says a windstorm that brought two weak tornadoes, rain and hail to the western Denver suburbs last July caused $768 million in insured losses to vehicles and homes. The Rocky Mountain Insurance Information Association said that it’s …
May 25, 2010
Boating deaths in South Carolina this year have already surpassed the total in 2009, and safety officials are worried with the Memorial Day weekend approaching. The Sun News of Myrtle Beach reported that, as of last Friday, 15 people had …
May 25, 2010
A survey of mid-sized Southeast Michigan employers shows that health benefits are on par with national trends as traditionally rich benefit offerings go by the wayside, according to McGraw Wentworth, a Michigan-based employee group benefit brokerage/consulting firm. McGraw Wentworth’s 2010 …
May 25, 2010
A federal revision of flood maps in 17 Texas coastal counties based on information from Hurricane Ike could lead to costly insurance increases for some homeowners. The Houston Chronicle reported that hurricane levees completed in the 1980s are unlikely to …
May 25, 2010
Louisiana Insurance Commissioner Jim Donelon kicked off his summer storm tour to raise awareness for hurricane and flood preparedness by urging consumers to protect themselves and their property against Louisiana’s most frequent and unpredictable natural disasters. Experts are predicting an …
May 25, 2010
Deana Lykins has been named president of the Insurance Council of New Jersey (ICNJ), the a trade association for the state’s property/casualty insurance industry. As president, Lykins will oversee the operations of the organization and serve as primary spokesperson for …
May 25, 2010
Several of Florida’s insurers with affiliated managing general agencies (MGAs) have come in for criticism recently but there is no widespread problem with the MGA model, regulators and insurance industry executives agree. In a new Insurance Journal video interview, they …
May 25, 2010
In today’s workplace, 60 percent of employers will eventually face a lawsuit related to alleged unlawful employment practices, according to Jury Verdict Research. These cases pose a financial risk to any business. Defending a wrongful termination or discrimination claim – …
May 25, 2010
New York insurance regulators have handed out some sizable fines in the last several months, including one for $360,000 to a large national insurer that mischarged auto insurance customers. Clarendon National Insurance paid the fine for violations of state insurance …