Yearly Archives: <span>2006</span>

Personal Lines Update

Florida’s Standard Personal Lines Committee has recommended to the Florida Legislature that a task force with extensive insurance knowledge regarding the legalities of insurance contracts and actuarial support review the impact of consumer protection legislation passed in 2004 and study …

CPCU speaker describes what to watch out for with Certificates of Insurance

Certificates of Insurance: The Second Most Dangerous Piece of Paper,” including specifics about various insurance contract terms and provisions, and what to do and not to do with certificates of insurance were discussed by Bill Perkins, an instructor for the …

Young agent tricks and treats

Like many of you, I started my insurance career with an empty desk and a phone. Over the years I have learned some tips or ‘tricks’ I have used effectively to generate sales. Cold calling was the first lesson I …

Claims Management

Insurers and property owners are finding that heat offers an effective alternative or adjunct to costly traditional demolition-based remediation and flood restoration. Heat treatment method offers options for relief efforts in coastal region For insurers facing extraordinary exposure from Hurricanes …

People

United America Indemnity Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group, under a single United America Insurance Group management structure …

News Currents

As part of his proposal, Gallagher is asking the Legislature to earmark the increase in sales tax revenue collected during hurricane recovery to help offset assessments against homeowners. Florida CFO renews call for comprehensive reforms Suggests surplus hurricane tax revenues …

Editor’s Note: Real-time has come

Prompt adoption by agencies of the technology is important because the companies and vendors are closely monitoring agency usage in deciding whether to invest in it further. Imagine going online to receive competing rates for an account from multiple carriers …

Closer Look: Producer Liability

Keeping up with increasing liability as clients expand Property/casualty insurance agents and brokers are being exposed to more lawsuits as they move into unfamiliar products, states and technologies, and as their own clients do the same. In the eyes of …

Fla. considers home fortification grants

Capping coastal home insurance coverage at $1 million and providing grants for home fortification against hurricanes are among suggestions proposed for Citizens Insurance, the state’s property insurer of last resort. A task force has recommended requiring a rapid cash buildup …

Business Moves

SUA, American Patriot Chicago-based Specialty Underwriters’ Alliance Inc. has signed a new contract with Westchester, Ill.-based American Patriot Insurance Agency Inc., a wholesale agency that specializes in roofing contractors. American Patriot provides commercial general liability and commercial auto liability both …