September 24, 2007
Through an alliance between the National Equipment Register and CNA, the insurer will waive up to $10,000 of a policy deductible if a piece of construction equipment registered with the national database is stolen. National Equipment Register tracks heavy equipment …
September 24, 2007
Who says an off-year election has to be boring? With millions in campaign contributions, weeks of bruising TV ads and plenty of name-calling, trial lawyers and insurance companies are doing their best to spice up this fall’s otherwise ho-hum statewide …
September 24, 2007
Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward. Burnes is not naming the companies but when asked if …
September 24, 2007
Florida’s property insurance industry is in the middle of the hurricane season — the political hurricane season. The state’s politicians promised homeowners their insurance premiums would go down after the state enacted reforms in January but the politicians and many …
September 24, 2007
Protesters gathered on the steps of the old Florida Capitol to protest the high cost of property insurance rates in January in Tallahassee. The Legislature was in special session to pass homeowners insurance legislation. Since then, public officials, private insurers …
September 24, 2007
From “Happy Days” to “The Perfect Storm” is how one Florida insurance executive describes her state’s defining years between 2003 and 2007 — and she isn’t talking just about the hurricanes. Susan Straker, president of Coral Insurance Co., cited the …
September 24, 2007
From “Happy Days” to “The Perfect Storm” is how one Florida insurance executive describes her state’s defining years between 2003 and 2007 — and she isn’t talking just about the hurricanes. Susan Straker, president of Coral Insurance Co., cited the …
September 24, 2007
Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward. Burnes is not naming the companies but when asked if …
September 24, 2007
No evidence found to support charges of a global conspiracy among commercial brokers and insurers Finding the charges lack any factual support, a federal judge has dismissed a big antitrust conspiracy case that was lodged against large commercial insurance brokers …
September 24, 2007
The federal government may be overpaying private insurers for their operating costs associated with the National Flood Insurance Program (NFIP), a recent report said. The government’s payments to insurance companies for operating costs ranged from “more than a third to …