Tennessee Gun Battle “The General Assembly has essentially re-passed last year’s legislation in an even more expansive and dangerous form. For this reason, I cannot sign this measure into law.” —Gov. Phil Bredesen vetoing a renewed effort to allow Tennessee …
The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …
North Carolina property and liability insurers are taking their case to the public to impede an effort in the Legislature to change how monetary awards are determined in negligence cases. The Insurance Federation of North Carolina has been running radio …
$14.5 Million The amount in damages that a federal jury in South Carolina awarded to a South Carolina printing company against The Hartford insurance company in a case where the insurer believed a claim for a major fire loss in …
There is a quote from Warren Buffet that I want to put on my wall and send to all my colleagues: “Price is what you pay. Value is what you get.” Agents, brokers and underwriters should heed Mr. Buffet’s advice. …
The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …
Florida’s property insurance companies haven’t suffered hurricane losses for nearly five years, but many claim to be losing money even while collecting hefty premiums. It’s a complex paradigm for almost anyone to follow. “We keep going round and round and …
Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about the problem. “Very important: DO …
The Florida Hurricane Catastrophe Fund is as healthy as ever heading into the 2010 storm season. An advisory council to the fund reported that it has enough cash and bonding ability to pay off more than $25 billion in losses …
Crump Insurance Services Inc. has invested in new talent for its Atlanta brokerage location. Terry Sherwin has joined Crump as the Atlanta office leader; and property brokers Alex Duran, Jordan Yoss and Carl Feldhaus have joined the Atlanta property team. …
