What’s wrong with workers’ compensation in the state of California? Many would talk of the impending fear that the market is hanging by a thread… a thread that is slowly, but surely unraveling. With all of the controversy surrounding the …
The recent rehabilitation of the Legion and Villanova Insurance Companies with the Legion Insurance Group is sure to have raised some eyebrows across the insurance industry, but is it an indicator of what could be in store for companies in …
Capital fuels the insurance industry. It constitutes the reserves, pays the claims, and provides the investment funds necessary to make a profit (excepting an aberration like 2001). If the industry were a car or an airplane just the right amount …
Saying the move will allow the company to devote all of its financial resources and managerial attention to its best performing businesses, PMA Capital has decided to withdraw from the excess and surplus (E&S) lines marketplace served by its Caliber …
Like summer, the political season is bearing down upon us. And like summer, this political year is destined to only get hotter and hotter. In Texas, with the offices of the governor, lieutenant governor, attorney general and a U.S. senate …
We tried to get George Hogue to come to the IIAT convention in June so we could give him a plaque and a round of applause, but he won’t be there. He made other plans. And besides, he doesn’t like …
By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on the rise, it has not stopped K&K …
The United States boasts nearly 51 million acres of lakes, 633,000 miles of rivers and 88,600 miles of coastal shoreline. So, it’s little wonder that water recreation is a popular summer pastime. In recent years, personal watercraft (PWC) have become …
For the past year, while the Texas homeowners insurance market reeled from the effects of mold claims on premium (and still does), homeowners markets in other states have begun bracing themselves for similar nightmare scenarios. But considered from a wider …
Texas District Court Judge Margaret Cooper has ruled that USAA Insurance Co. of San Antonio is liable for sales, motor vehicle and fuel taxes, and Texas Comptroller Carole Keeton Rylander believes the ruling could save the state $2 billion. USAA …
