March 5, 2012
With interest rates low and looking like they will stay low for some time, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers expecting to achieve better results by …
October 8, 2007
The Louisiana Department of Insurance investigated complaints earlier this year against Brooke from former franchisees in that state and cleared the company of all wrongdoing except for a few minor licensing snafus. The allegations included charges that Brooke does not …
October 8, 2007
The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent. NCCI State Relations Executive, Amy Quinn, said the South Carolina department released its announcement …
October 8, 2007
The Louisiana Department of Insurance investigated complaints against Brooke from former franchisees in that state and cleared the company of all wrongdoing except for a few minor licensing snafus. The allegations included charges Brooke does not fully disclose the franchise …
October 8, 2007
The Louisiana Department of Insurance investigated complaints against Brooke from former franchisees in that state and cleared the company of all wrongdoing except for a few minor licensing snafus. The allegations included charges Brooke does not fully disclose the franchise …
September 24, 2007
The National Council on Compensation Insurance has filed a request to decrease workers’ compensation loss costs in Hawaii by 16.8 percent, beginning Jan. 1, 2008, according to the state Department of Commerce and Consumer Affairs. DCCA said the reduction is …
September 24, 2007
Oregon has implemented a new law aimed at making group contractor liability insurance more available. HB 2751 implements one of the recommendations of the The Construction Claims Task Force, and adds group contractor liability to the existing exceptions to the …
September 3, 2007
More people died in fires in West Virginia last fiscal year than ever before and this year is already off to a bad start. A record 79 people died in fires between July 1, 2006, and June 30, assistant State …
September 3, 2007
A South Carolina Senate leader has asked the Legislative Audit Council to review practices at the state insurance department that may have let insurance companies raise rates without adequate oversight. Senate President Pro Tem Glenn McConnell, R-Charleston, asked the state …
September 3, 2007
Marsh UK recently issued a warning to European financial services sectors, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and Officers’ Liability (D&O) and Errors and Omissions (E&O) Liability claims in …