Residents in Florida’s Panhandle will be vulnerable to hurricanes until lawmakers stand up to special interests that have worked to keep much of Northwest Florida exempt from the statewide building codes, according to the Property Casualty Insurers Association of America. …
Bermuda-based United America Indemnity Ltd. has appointed Robert Cohen president and CEO of its subsidiary, Penn Independent Corporation. Cohen has been acting president and CEO since November 2005. From 1992, he was a senior vice president for United National Group. …
Poe Financial Group has notified Florida agents for thousands of policyholders that its South-ern Family Insurance Company will no longer renew or insure new homeowner or commercial lines business. The company said its other insurance companies, Atlantic Preferred Insurance Company …
Score ONE for the insurance industry and the Florida Office of Insurance Regulation; ZERO for the bad guys. After a long and elaborate investigation conducted by OIR, a long and what seemed to be a never-ending saga finally came to …
Sept. 1, 2005, began a new era for our state’s workers’ compensation system. On that day, the old Texas Workers’ Compensation Commission ceased to exist and the new Division of Workers’ Compensation was established within the Texas Department of Insurance. …
Most of the state’s home insurance companies posted big earnings in 2005, although nowhere near as high as 2004’s record profits, according to the Texas Department of Insurance’s financial reports. Texans pay the highest home insurance premiums in the country. …
Homeowners – TexasNuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance–Coverage A–allows up to 25 percent additional coverage in …
LouisianaAuto–Liability Fields v. American Central Insurance Co. (La. App., 2nd Dist., March 8, 2006) Undated named driver exclusion endorsement sufficient to defeat coverage: Lensing was involved in a June 18, 2003, auto accident while driving a truck owned and insured …
With record hurricane losses in back to back seasons, states along the U.S. Gulf Coast are aiming to boost reserves for their insurers of last resort through the issuance of catastrophe bonds. Louisiana is hard at work drumming up financial …
“If you can get away with making those kinds of allegations, and if nobody slaps you down, you are encouraged to do it again,” Bailey said. “I just wish someone would step up to the plate and say, look, I …
