August 6, 2007
Declarations Good drivers “It neither affirms the status quo nor jumps headlong or without controls into the Wild West of competition. The idea is to advantage good drivers and make sure we are not harming good drivers wherever they are.” …
August 6, 2007
Michael McAndrews would like to know what business Allstate has telling him he must buy wind and hail coverage — or else. McAndrews received a letter July 12 that said Allstate will not renew his homeowner’s coverage for fire and …
August 6, 2007
As is so often the case, insurance agents are caught in the middle. This time it’s in the debate over whether to add wind coverage to the federal flood insurance program. Mississippi Congressman Taylor has inserted language into a House …
August 6, 2007
Rates for the South Carolina Wind and Hail Underwriting Association went up an overall 35 percent beginning July 19 under an approval from Scott H. Richardson, director of the South Carolina Department of Insurance. In granting the increase, Richardson noted …
August 6, 2007
Rates for the South Carolina Wind and Hail Underwriting Association went up an overall 35 percent beginning July 19 under an approval from Scott H. Richardson, director of the South Carolina Department of Insurance. In granting the increase, Richardson noted …
August 6, 2007
As is so often the case, insurance agents are caught in the middle. This time it’s in the debate over whether to add wind coverage to the federal flood insurance program. Mississippi Congressman Taylor has inserted language into a House …
July 31, 2007
A large number of people who bought flood insurance after the devastating 2005 hurricane season have not renewed their policies, according to Federal Emergency Management Agency figures. About 100,000 new flood insurance policies were sold in Louisiana after hurricanes Katrina …
July 30, 2007
Scott H. Richardson, director of the South Carolina Department of Insurance has approved changes, effective July 19, 2007, to the rating plan and plan of operation for the South Carolina Wind and Hail Underwriting Association (Wind Pool). Though loss data …
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 27, 2007
Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more than twice as much for the insurance …