Washington Insurance Commissioner Mike Kreidler has published his legislative priorities for the 2009 session. One of his top priorities “is protecting consumers in the event of an emergency,” he noted on his Web site. To achieve that, the Commissioner will …
Although portions of the state are still mired in more than a foot of snow, Maine’s insurance superintendent is urging residents to evaluate their need for flood insurance — especially with spring approaching and a typical 30-day waiting period before …
Insurance coverage is an expense that many small business owners might be tempted to cut back on or even forgo as they try to cut costs during the recession. They’re making a bet that they won’t need the coverage, but …
In this litigious day and age, lawsuits alleging breach of the insurance policies, bad faith, unfair claims handling, unfair settlement practices or negligence by an insurance agent are so common that they are not considered particularly unique. Attorneys, insurers, insureds …
Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and chief operating officer of the The …
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
You May Not Know What You Think You Know About Flood Insurance Claims The Fifth Circuit has held that insureds have a duty to read and understand the terms of their SFIP. Whether you are an attorney, an insurance agent, …
A federal appeals court upheld the dismissal of Allstate Corp. and State Farm Fire and Casualty Co. from a lawsuit accusing them of overbilling the U.S. government for flood damage in Louisiana related to the 2005 storm Hurricane Katrina. Wednesday’s …
With record snowfall in North Dakota this winter and traditionally heavy snow months still to come, the Federal Emergency Management Agency is getting prepared to help state officials deal with spring flooding. FEMA officials from Denver traveled to North Dakota …
A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that trend, while not reversed, …
