The Texas Legislature has passed a measure that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of coverage. Certificates of insurance are widely used in commerial insurance, especially in the construction industry, …
With 30 years of industry experience under his belt, one Texas-based insurance executive decided it was time to open his own operation to serve the insurance needs of the growing Hispanic population. While Dallas-based Hispanic Affiliates General Agency (HAGA) recently …
Agents and adjusters have completely different roles in the insurance industry but as intermediaries between insurance companies and their customers they have one critical thing in common: They often get pulled into claims lawsuits even though they’ve done nothing wrong. …
The board of the insurer of last resort for property along the Texas coast has named a new acting general manager and is moving forward with a search for an interim general manager. Randy Wipf, a current employee of the …
Agents in Pennsylvania will urge lawmakers today to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance laws in the state to allow coverage for sole …
Maryland lawmakers are weighing whether to prohibit insurers from using credit scores to rate auto policies — a move insurers say is a bad idea. The economic matters committee of the House of Delegates recently held an initial hearing on …
Two lawmakers have introduced separate but similar bills aimed at reforming the troubled state-backed wind risk insurer for property along the Texas coast. At a packed hearing on Mar. 15, Texas House of Representaives Insurance Committee Chairman Rep. John Smithee …
The constant innovation indigenous to the technology industry may make the idea of risk management seem difficult and sometimes impossible. While challenging, tackling technology risk is not all that different than addressing possible exposures in other industries: Awareness and active …
Ray Spears, Jeff Wilson and Charles Donaldson in 2007 established GlobalGreen Insurance Agency as the brand name for the franchise network of independent agencies developed and operated by St. Louis, Mo.-based Equity One Franchisors. Spears, a former banker, said the …
Florida lawmakers are looking to cut the state’s largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by allowing it to raise its rates by as much as …
