February 10, 2008
GAO finds fault with coverage exclusions in policies and lack of data available to assist with FEMA assessments Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of …
February 4, 2008
A tornado wiped out 95 percent of Greensburg. Hailstorms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely that …
February 1, 2008
A group of insurers says it hopes U.S. lawmakers will continue to focus on the need for affordable property insurance, an optional federal charter for the insurance regulatory system in America, and comprehensive flood insurance reform in 2008. “2008 is …
February 1, 2008
Universal North America, a personal lines carrier based in Sarasota, Fla., will begin writing homeowner policies in Arizona and Nevada this month. Other personal lines products, such as auto and umbrella coverages, will become available soon. Expansion into Hawaii, Georgia …
February 1, 2008
Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of access to data on wind damage from the National Flood Insurance Program and private insurers, according to a …
January 30, 2008
The concerns of property insurance in Florida and the perils facing the property insurance industry are some of the key issues to be addressed at the Ninth Annual Windstorm Insurance Conference, set for Feb. 4 – 7 in Jacksonville, Fla. …
January 28, 2008
Mississippi Attorney General Jim Hood must testify in a lawsuit filed by State Farm Fire and Casualty Co. that accuses him of violating an agreement to end a criminal investigation of the insurer’s handling of Hurricane Katrina claims, a federal …
January 27, 2008
The Federal Emergency Management Agency is redrawing flood zone maps for the District of Columbia, adding a flood zone that would include Federal Triangle, much of the Mall, and a large portion of Southwest Washington. Property owners in the new …
January 27, 2008
Mississippi’s new Insurance Commissioner Mike Chaney says he is working with lawmakers and state wind pool officials to lower rates that increased 90 percent for homeowners and 162 percent for businesses after Hurricane Katrina. Chaney, a Vicksburg businessman who was …
January 27, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Gas Utilities Distribution Nuts & Bolts: London American Risk Specialists Inc. is offering all lines …