The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a snooze-letter? If your agency sends out …
With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …
Insurance companies asked a federal appeals court in New York earlier this month to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers …
Earthquakes, floods and wildfires oh my! Solid disaster recovery plan keeps surplus lines brokerage firm afloat in New Orleans In the wake of Hurricane Katrina, the New Orleans area office of Crump Insurance Services was left without a home, like …
Hiscox plc, a provider of specialty insurance based in the U.K., has opened a new U.S.-based underwriting operation offering cover for small and mid-size US professional service businesses outside the Fortune 1000. Hiscox USA, based in Armonk, N.Y., has opened …
Gov. Jeb Bush and Lt. Governor Toni Jennings have outlined a $565 million budget recommendation of state and federal funding for emergency management and suggested a “Culture of Preparedness,” during a meeting at the Tiger Bay Club of Central Florida …
Insurance companies asked a federal appeals court in New York this week to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers asked …
US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3. The Tempe, Ariz.-based air carrier received $310 million under a law passed …
Dozens of federally insured medical providers have been blocked from helping the Gulf Coast recover from Hurricane Katrina because their liability protection doesn’t apply outside their own states. Doctors and nurses from community health centers across the country who encountered …
According to a new report released by GE Insurance Solutions, massive growth along the nation’s coastlines has dramatically increased the potential for insured losses, even without a cyclical increase in the frequency and severity of hurricanes. In a paper entitled …
