If you’ve been writing agricultural and farm insurance for years and think you know everything there is to know about the business, don’t bet the farm. Farm exposures have changed dramatically in the past 50 years and require sophisticated liability …
Model of New Orleans levee points to layer of clay Preliminary findings from a simulation project suggest that during Hurricane Katrina the 17th Street Canal levee in New Orleans may have slid on a layer of weak clay just beneath …
Louisiana Former cop sentenced A former Marksville, La., police officer was sentenced to 15 months in prison for helping a woman he was dating file a fraudulent insurance claim. Herbert Guillot Jr., convicted on federal charges of conspiracy, money laundering …
Basic insurance coverage salespersons don’t fully understand their products or completed operational exposure, and insurance agents don’t understand it, and the public’s understanding is even more limited. Insurance companies are just now beginning to address this topic, one that has …
Architects and Engineers Nuts & Bolts: NAS Insurance Services Inc. offers architects and engineers errors and omissions insurance through qualifying wholesale brokers. Classes include architects/building design, civil engineers, construction staking, electrical engineers, HVAC, interior designers (industrial), land surveyors, landscape architects, …
Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue, of Mystic Capital Advisors Group, who …
The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has …
Like so many other areas of life, the Internet changed the exposures involved in affinity group programs. In fact, e-commerce and e-mail have taken some of the affinity out of affinity groups. When I first started underwriting and marketing property/casualty …
Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …
The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not retaliatory, but uniform. This statement …
