When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV) calculations so they can charge the right premiums for the risks they assume. Adequate ITV is not an issue to be taken lightly. If insurers do not receive …
While shopping for turkey last Thanksgiving, it would have been good to pause and appreciate those millions of independent small businesses that provide the goods and services this thriving nation depends upon. Today, such enterprises form the economic bedrock of …
Louisiana Insurance Commissioner Robert Wooley announced he would step down as commissioner Feb. 15, 2006, leaving the office he has held since 2000. Although he is returning to the private sector, Wooley indicated he plans to remain active in the …
Three independent insurance agencies were among the “50 Best companies to work for in Texas” honored at a luncheon hosted by the Texas Assosiation of Business, Texas Monthly magazine and the Society for Human Resource Management-Texas State Council. Higginbotham & …
As is obvious from a perusal of newspaper articles and legal journals, the devastating damage throughout the entire Gulf Coast Region from the recent hurricane season has raised numerous legal issues regarding insurance coverage and recovery. Most issues arise from …
An Oklahoma County jury on Feb. 8, 2006, found former Oklahoma Insurance Commis-sioner Carroll Fisher guilty on one count each of embezzlement and perjury. The 12-member panel, which deliberated about two hours after less than two days of testimony, recommended …
Imagine going online to receive competing rates for an account from multiple carriers just once. No more logging onto to individual company sites, with their separate logons and passwords, and re-entering data at every turn. Increased sales for you and …
The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used individual credit histories in underwriting …
The Bush administration’s choice to lead the government’s traffic safety agency pledged this month to make the nation’s highways and roads safer for families while tackling issues like vehicle rollovers and teenage crashes. Nicole Nas-on, who was Transportation Secretary Norman …
JPMorgan Chase & Co. has agreed to sell its life insurance and annuity underwriting business to Protective Life Corp. for about $1.2 billion in cash. JPMorgan Chase has its corporate headquarters in New York and its U.S. consumer and commercial …
