February 12, 2007
>Study says industry could suffer from a $100 million loss The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual Earthquake Study.” It is likely that if …
February 12, 2007
As president of the National Association of Insurance Commissioners, Alabama Insurance Commissioner Walter Bell has made developing a strategic plan for the national organization of state regulators a top priority. Bell sees a plan that incorporates evaluations on a quarterly …
February 11, 2007
Commissioner wants to fine-tune system to protect consumers 8 Agents, brokers set sight on political involvement Meeting with legislators helps them relate to insurance issues 9 West has highest number of “unacceptable” levees Corps of Engineers wants levee owners to …
February 11, 2007
Calif. commissioner to examine broker disclosure, workers’ comp issues California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight insurance fraud and to prepare the state for the next …
February 11, 2007
Dale Finke, who recently retired, led the Missouri Department of Insurance, Financial Institutions and Professional Registration with honor during a time of transition, Gov. Matt Blunt said. Finke led the department over the last two years. During his tenure the …
February 11, 2007
The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual Earthquake Study.” It is likely that if an earthquake of 7.6 magnitude occurred in San Francisco today, …
February 11, 2007
Plan receives backing from key player in Delaware 9 Tighter steering restrictions in Conn. Conn. AG seeks to fix auto body shop law 9 UNH calculates cyber attack threat Researchers gauge threats posed by hackers, terrorists, foreign nations 10 Risky …
February 11, 2007
As we are well aware, flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. What many fail to realize, however, is that flood risk is not limited to …
February 11, 2007
Fla. pols to lobby Washington for national catastrophe fund But U.S. Rep. Feeney warns some are ‘overly optimistic’ and it will be a tough sell in Washington After the Florida Legislature passed a bill that lawmakers say will address the …
February 11, 2007
When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the amount of coverage available …