July 30, 2007
Dr. Steven N. Weisbart, vice president and economist for the Insurance Information Institute, has been named chief economist of the organization, announced Dr. Robert P. Hartwig, president of the III. Weisbart will oversee the Institute’s program of economic research and …
July 27, 2007
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted yesterday to add wind coverage to the National Flood Insurance …
July 26, 2007
According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, they would not leave. This is an increase …
July 23, 2007
Big or small, company size is said not to matter in the insurance industry. At a recent agent/broker conference, Rick Quagliaroli, president and CEO of Strongwood Holdings Insurance Corp., told the audience that there are benefits to doing business with …
July 23, 2007
Vacation Income Property Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a trust, …
July 23, 2007
A national study suggests Alabama’s mandatory auto insurance law has had little effect on the number of uninsured driver on state roads since the Legislature enacted it in 1999. The Insurance Research Council, a nonprofit study group funded by insurance …
July 23, 2007
Less than six months after being promoted to the job, Joseph J. Beneducci tendered his resignation as CEO of Fireman’s Fund Insurance Co. Chuck Kavitsky, president of Allianz of America and the former Fireman’s Fund chief executive whom Beneducci replaced, …
July 23, 2007
Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000. p:Carrier: Rated “A” by …
July 23, 2007
Federal agencies will test air quality in trailers housing Gulf Coast hurricane victims, an official said July 20, a day after documents revealed that government lawyers discouraged investigating reports of high formaldehyde levels in them. The Federal Emergency Management Agency …
July 23, 2007
Nutraceuticals Nuts & Bolts: MarketScout is offering commercial general liability or products on a claims made basis, defense inside the limits. Target risks include accounts with 20 or fewer products, new ventures and importers. Herbals, botanicals, vitamins, minerals, enzymes, and …