As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and coverage change. And …
An Increasing Problem “This is increasingly becoming a problem on our lakes and waterways, and it was important that the Legislature step forward with a strong response.” —Oklahoma Sen. Bill Brown, author of Senate Bill 902, which lowers the legal …
Americas Insurance Co., which previously took on nearly 1,000 homeowner policies that had been covered by Louisiana Citizens Property Insurance Corp., has said it expects to underwrite new policies in most Louisiana parishes. Citizens, the state’s insurer-of-last resort, has been …
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. Staffing Firms Market Detail: World Wide Specialty Programs was founded 40 years ago to provide …
Louisiana House members are set to debate a proposed ban on the use of hand-held cell phones by motorists. Rep. Austin Badon, a New Orleans Democrat, is sponsor of the bill that would make it illegal to talk on a …
Mike Manikchand points toward his neighbors in Lehigh Acres — a half-dozen empty, foreclosed-upon homes, sitting on weed-strewn yards — and he wonders: What will happen if a hurricane slams into southwest Florida this year? His simple answer: “A lot …
A.M. Best Co. has upgraded the financial strength rating to ‘B+’ (Good) from ‘B’ (Fair) and issuer credit ratings (ICR) to “bbb-” from “bb” of Arizona-based Republic Western Insurance Group and its members, which include Republic Western Insurance Company and …
Florida-based American Strategic Insurance Corp. (ASI) has entered the South Carolina marketplace and is offering homeowners’ insurance coverage for coastal property owners through independent agents. “As the Department continues to pursue comprehensive coastal property insurance reform initiatives, the addition of …
Louisiana’s state-backed property insurance firm is at odds with the Office of the Legislative Auditor over the rate setting process. The auditor’s office released a report saying the Louisiana Citizen’s Property Insurance Corp. improperly adopted changes to its rate-setting formulas …
Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana’s insurer of last resort, said it is entering the voluntary homeowners’ market. The company said it expects to underwrite new policies in most Louisiana …
