If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance companies have long been immune to traditional insurance company regulation because of their …
Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the bundling auto and homeowners policies. Overall satisfaction averaged 785 in 2012 (on a 1,000-point …
I strongly believe the annual membership with Academy of Insurance is very beneficial for us as we design employee educational programs. Working in the insurance industry, you never stop learning; through the annual membership, we have access to great webinars …
U.S. Risk Insurance Group Inc. named Tim Troester vice president and branch manager for the newly formed Portland, Ore., branch of U.S. Risk Brokers Inc. Troester’s focus at U.S. Risk will be to develop relationships and expand all lines of …
More than 2 million homes in California face “extreme wildfire hazards,” over 400,000 of which are in Los Angeles County, according to a study from an insurance industry group. A separate study shows at least three-quarters of a million homes …
It has been years since a major hurricane hit Florida, and the good news for Floridians is that property insurers are filing applications to write policies in the state again. But there’s a plan being hatched by the board of …
Editor’s Note: This is the first in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013. More articles in the series can …
Small companies often believe that they do not have enough homeowners data to build custom rating territories based on different perils, and therefore simply adopt the territories of a competitor. But because catastrophe models are fully credible and small companies …
Penn State Taps Feinberg “We have been retained by Penn State to help both the University and individuals alleging sexual abuse reach a voluntary settlement in those individual cases where terms and conditions can be agreed upon.” —Kenneth Feinberg, a …
Texting while driving is considered a serious public safety concern, but a new University of Michigan study suggests that drivers might not be aware of their actions. U-M researchers found that texting while driving is predicted by a person’s level …
