New Markets Nuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance-Coverage A-allows up to 25 percent additional coverage in …
Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast, and by 25 to 30 percent in the Mid-Atlantic and …
outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two settlements Independent agents representing Zurich Insurance in the U.S. will have to …
While Congress’ insurance regulatory reform efforts appear stalled as 2006 began, it is important to note that the states continue to move forward. These efforts require all the states to contiue to move their efforts ahead in concert–as they have …
Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …
With Florida’s staged-accident rings thriving even while serious crimes like robbery and murder are dropping, efforts are underway to notch up the heat against money-draining insurance gangs. Legislative reforms that try to swing the enforcement pendulum back toward hard-pressed fraud …
Although the road to rescission of an insurance policy can be covered with obstacles and potholes, usually a failed rescission claim will only bring the insurer back to square one. It will still have defenses under the policy and under …
Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast, and by 25 to 30 percent in the Mid-Atlantic and …
A hasty rescission action can lead to extra-contractual liability and, in this Massachusetts case, an unfortunate judicial opinion. by Harvey Weiner Although the road to rescission of an insurance policy can be covered with obstacles and potholes, usually a failed …
Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique underwriting requirements …
