Man’s best friend is sinking its teeth into homeowners insurance costs. Dog bites now account for one-third of all homeowners insurance liability claims, costing $356.2 million in 2007, up 10.5 percent from the previous year, according to the Insurance Information …
The Insurance Services Office (ISO) recently released estimated damages for Iowa since it was hit in May by devasting tornadoes and widespread flooding. ISO estimates that tornadoes and floods that have struck Iowa since May 25 have caused $235 million …
Federal crop insurance officials say they will allow additional time, until Aug 15, 2008, for submitting acreage reports for all 2008 crop year spring-seeded acreage in areas impacted by flooding and extreme weather conditions. This additional time applies to spring-seeded …
The newly formed Consortium to Combat Medical Fraud, a joint project of the Coalition Against Insurance Fraud, the National Health Care Anti-Fraud Association and the National Insurance Crime Bureau, along with participation from the Federal Bureau of Investigation and Department …
San Diego-based ICW Group, a group of insurers, announced a new program homeowner’s associations and multi-family condos that provides expanded coverage for buildings of wood frame construction built after 1975. The new difference in conditions (DIC) program is exclusively being …
Arrowhead General Insurance Agency Inc. of San Diego is offering motorcycle coverage in Arizona, California, Nevada and Texas. Competitive rates are available for Harley’s, sport, tour and street motorcycles for young and mature riders. Six- and 12-month policy options are …
Regional carriers rate better in underwriting experience, relationships and stability as well as in customer service and agency relations than their national competitors in the view of independent agents. Regional insurers also beat out national insurers when it comes to …
Louisiana’s “insurer of last resort” is seeking double-digit increases in homeowners rates across several southeast parishes. The state-backed Louisiana Citizens Property Insurance Corp. would raise rates by a statewide average of 18 percent, a reaction to increases imposed by private …
Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has hired Cindy Downs as a senior underwriter in the firm’s MGA unit. Downs formerly was a senior underwriter at Capstone Inc. Source: Towerstone Inc., www.towerstonecorp.com
A bill backed by Louisiana Gov. Bobby Jindal that aims to reform the state’s workforce development system won final legislative approval, the Louisiana Department of Labor announced. The bill, HB 1104, requires the Louisiana DOL to integrate workforce development programs …
