The National Association of Insurance Commissioners has formed a working group to examine issues with the National Flood Insurance Program in light of Hurricane Isabel complaints and experiences with other recent storms by Maryland citizens. Maryland Insurance Commissioner Alfred W. …
OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has begun offering Virginia small businesses its property casualty OnePac product. Virginia joins California, Illinois, North Carolina, Oregon, Pennsylvania, and Washington, as well as Washington D.C., as new …
One of the great things about being a commercial lines insurance agent is that you get to meet people and learn a little bit about a lot of businesses. This knowledge puts insurance agents in a unique position to represent …
Howard Mills, acting New York superintendent of Insurance, promised a group of local agents, brokers and insurance company representatives he would stress the need to extend the Terrorism Risk Insurance Act beyond the end of 2005 when he travels to …
New Jersey Attorney General Peter Harvey has issued the 2004 Annual Report for the New Jersey Office of the Insurance Fraud Prosecutor (OIFP). The Report details investigations, prosecutions, and other activities undertaken by the Insurance Fraud Prosecutor during 2004. “At …
Researchers at the Scripps Institution of Oceanography at the University of California, San Diego, and their colleagues have produced the first clear scientific evidence that human activity-and very little else- is warming the world’s oceans. The Scripps’ report, coming from …
ProBuilders Specialty, a risk retention group managed by NationsBuilders Insurance Services, has entered a number of the New England states to offer contractors’ general liability coverage. The program will be offered through NBIS preferred wholesaler Conifer Insurance Agency of Peabody, …
Former insurance studies research fellow and strategic public affairs counsel, Robert Detlefsen, Ph.D., has joined the National Association of Mutual Insurance Companies (NAMIC) as director of public policy. Detlefsen will develop and direct public policy, communication and media relations strategies …
Ten years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look dramatically different from what it is today: Smaller companies and independent insurance agents will still be big. …
The Wharton School professor argued that insurance companies are not “girly men” when it comes to providing coverage for extreme risks such as hurricanes and terror attacks. It’s the federal government’s “triple” layer of taxation on reserving that scares insurers …
