A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly over the past two decades in the 15 states that require insurers to receive advance approval of rate increases from the state. But the insurance …
Weeks after a 5.2 level earthquake rocked the Midwest from Cairo, Ill., to Atlanta, Ga., geologists and the insurance industry are still discussing the impact of the quake — such as increases in the purchase of earthquake insurance. Earthquake endorsement …
77% Allstate Corp. that its first-quarter 2008 net income dropped 77 percent, hurt by write-downs in its investments and larger-than-expected catastrophe losses. The insurer said it had to write down the value of fixed-income securities by $347 million because of …
Bad Faith Blues “It is good for consumers … it will help them get what they paid for, which is our goal. But it also recognizes the industry’s needs. It gives them some ability to have some understanding and some …
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …
You don’t have to be involved in the property/casualty insurance industry long to become acquainted with the many studies that are released each year on rating systems, both from consumers and from the industry. The most recent study was released …
Republican Sen. Mel Martinez of Florida is in a position to help move along a bill that could lower property insurance rates in disaster-prone states, but hasn’t been aggressive enough in doing so, said the two Democratic House members sponsoring …
M.J. Hall and Company Inc., a managing general agent and surplus lines wholesaler based in Stockton, Calif., opened an office in Plano, Texas, and named Brett Amick as vice president and branch manager. Amick and his team collectively have more …
Insurance Specialty Group LLC, parent of Atlanta, Ga.-based Pacific Wholesale Insurance Brokers (Pacific Wholesale) entered into definitive agreements to acquire and merge with El Segundo, Calif.-based E.L.M. Insurance Brokers Inc. The combined companies will have 10 offices throughout the United …
Eugenie Shea joined Austin, Texas-based medical liability insurer Medicus Insurance Company as president and chief operating officer. In addition to her responsibilities as president and COO, Shea will also serve as executive vice president of the parent company, Medicus Insurance …
