Compare the estimated $30 billion in after tax profits that the U.S. property and casualty marketplace will likely book for 2009 to the year end results of the hospitality industry, whose lodging (occupancy near 56 percent), restaurants and entertainment segments …
St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new Commercial Lines …
Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking the Republican nomination to run for Florida governor, said …
May 1, 2010 is the deadline for agents licensed in South Carolina to complete their first-ever producer license renewal process and become compliant with their ongoing continuing education requirements. Compliance requirements include the completion of 24 hours of continuing education, …
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
Montgomery Insurance, a Liberty Mutual Agency Markets regional company, is expanding its school program in Georgia, North Carolina, South Carolina, and Tennessee. Currently insuring more than 240 public and private schools across these four states, Montgomery Insurance said it will …
Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Wednesday. The joint lawsuit led by Florida and now grouping 18 states was …
Flood Hiatus “That’s scary.” —John Prible, vice president of federal government affairs for the Independent Insurance Agents and Brokers (the Big “I”), commenting on the prospect of Congress not renewing the National Flood Insurance Program before it recessed for a …
Why a Captive Solution Might Grow Your Hospitality Book, and Revenue Too Hospitality owners have concerns with retaining risk that they cannot transfer to the insurance market and owners are looking for legitimate ways to preserve their firms’ assets or …
Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced …
