According to a new annual rate survey by Medical Liability Monitor, base-rate premiums for medical professional liability insurance (MPLI) continued their downward trend for a sixth consecutive year. The current soft market condition is longer and deeper than any previous …
Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs, a newly formed underwriting agency and approved Lloyd’s …
Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the industry’s second worst performance since 2001 and far …
A Massachusetts independent agents group said it is confident that banning auto insurers’ use of credit scores and other socioeconomic factors will become a state law in coming months. The Massachusetts Association of Insurance Agents (MAIA) said it is preparing …
A Chippewa Falls, Wis., polka musician has won a court battle involving his ex-wife and her new husband, who he accuses of stealing one of his most popular tunes. Ray Rubenzer filed a federal copyright infringement lawsuit in June. He …
The Main Street America Group announced that its commercial product line, featuring its Main Line Business Owners Policy (Main Line BOP), is now available to approximately 100 independent insurance agents who represent affiliate Grain Dealers Mutual Insurance Co. throughout Indiana. …
With four months to go before Florida’s legislative session, lawmakers are already considering the future of the state’s largest homeowners’ insurer. However, there are few easy answers in sight. Citizens Property and Casualty Insurance Corp. Chief Financial Officer Sharon Binnun …
Texas’ outsourcing of the management of more than $1 billion in federal disaster recovery funds to an engineering firm has raised concern from federal officials. The Austin American-Statesman reports that the firm, Kansas City, Mo.-based HNTB, which the state has …
Insurance broker IMA Inc. announced that Robin L. Tanguay joined its Dallas office as an IMA Benefits account executive. Tanguay will lead client services at IMA Benefits in Dallas. She brings more than 20 years of experience, and her significant …
It only takes one fire, tornado or hurricane to completely destroy everything you own. Insurance adjusters frequently work with homeowners who have lost everything, but for those who have not taken an inventory of their personal property, the entire process …
