Earthquakes News

2006: Soft market offers up many new insurance products

E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for property/casualty agents licensed less than three years. The newly licensed agents program provides a liability …

ALLSTATE: NO NEW RISKS IN CONN., N.J. AND DEL.

Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The stoppage applies to the writing of …

Despite ‘uneventful’ year, there was no escaping catastrophes in 2006

It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance markets in the South Central …

Top 10 Stories of the Year – National

The fight to save contingent commissions topped the minds of agents across the nation as a few select states drove public policy efforts to end their use by insurers. The industry grabbed hold of predictive modeling and analytical tools. In …

Allstate: no new risksin Conn., N.J. and Del.

Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The stoppage applies to the writing of …

People Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance Commissioner Sandy Praeger was chosen as president-elect, New Hampshire Insurance …

Top 10 Stories of the Year – South Central

It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance markets in the South Central …

10 Calif. agents may get more calls from uninsured motorists

State issuing record number of registration suspension notices 10 Nevada proposes workers’ comp loss cost rate increase Inflationary pressures moving prices upward 11 Hawaii issues captive license to MHC Insurance Marks 200th captive license granted in the state MARKET FEATURES …

Top 10 Stories of the Year – West

In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have changed. In the past year, agents and …

2006 New Markets Report

E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for property/casualty agents licensed less than three years. The newly licensed agents program provides a liability …