October 19, 2009
For the first time in five years, customers are significantly happier with their homeowners insurer than they were in the past, according to market research firm J.D. Power and Associates 2009. In its survey, the National Homeowners Insurance Study, Power …
October 5, 2009
Just days ahead of Iranian President Mahmoud Ahmadinejad’s recent address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to follow California’s lead and to probe insurance company investments for ties …
October 5, 2009
Willis, Ireland Willis Group Holdings Limited wants to change the company’s place of incorporation from Bermuda to Ireland. Shareholders will vote on the measure at a meeting in three or four months. The change also requires the approval of the …
October 5, 2009
Hosted, or Saas-Based, Solutions Allow Access to Core Technologies Without Heavy IT Investment Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing expenses? For many agencies, technology solutions are critical. And if …
October 5, 2009
Stability on Main Street “Property/casualty insurers have not asked for government handouts, and our industry is stable and continuing to provide critical services to local economies and their communities.” —J. Douglas Robinson, CEO of Utica, N.Y.-based Utica National Insurance Group, …
October 5, 2009
No Government Handouts “Property/casualty insurers have not asked for government handouts, and our industry is stable and continuing to provide critical services to local economies and their communities.” —J. Douglas Robinson, chairman and chief executive officer of Utica, N.Y.-based Utica …
October 5, 2009
Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State Farm Florida, which wants to …
October 5, 2009
Cancellation Notice “The association’s leadership did not make the unprecedented decision to cancel this year’s Annual Convention and Young Agents Conference lightly. Like so many other West Virginia businesses of all sizes, our association’s membership and their ability to support …
October 5, 2009
Prepared Insurance, Florida Florida approved a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, is also promising to offer a broad …
October 5, 2009
The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent, according to a new government report. To just six of the 87 participating carriers, the Federal Emergency Management Agency (FEMA) paid …