While carriers face growing financial losses in Florida’s distressed property insurance market, insurance agents are on the front lines trying to help their clients who are being hit with double-digit rate increases, non-renewals, coverage restrictions or refusals from the admitted …
Florida stakeholders are pushing hard for the Florida Legislature to enact property insurance reforms this year to help the state address what has been deemed a market crisis. Read on for what everyone from the state’s insurance consumer advocate, to …
Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental groups urge insurance companies to drop their coverage. The pipeline company normally discloses the insurance companies in a so-called Financial …
ZURICH/TOKYO – Credit Suisse faces questions from regulators and insurers as it grapples with the fallout from the collapse of $10 billion worth of funds linked to British financial services firm Greensill Capital. The Swiss bank has hired external firms …
Insurance professionals in Minnesota may now take their pre-license examinations online, according to the Minnesota Department of Commerce. “This new ability to take pre-licensing examinations online benefits those seeking to do business in these fields while continuing to give Minnesota …
See a need and then fill it. That’s the secret of most successful businesses—and that was the driving motivator of insurtech Thimble, which is currently working on coverage for small business customers during business interruptions. Jay Bregman, co-founder of the …
Lafayette, Louisiana-based Dwight W. Andrus Insurance Inc. has hired Henri Hebert as vice president of Personal Lines — a newly created role. Hebert will be tasked with creating and implementing the future business plan and vision that the agency has …
Workers’ compensation insurance rates will continue to decrease in Louisiana with a new rate reduction beginning in May, the insurance department reported. Louisiana Insurance Commissioner Jim Donelon has approved a loss cost filing by the National Council on Compensation Insurance …
Former Washington attorney Patrick Kim was charged in King County Superior Court with three counts of first-degree theft and 10 counts of second-degree theft, all felonies, involving clients’ insurance settlements. Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit investigated the …
Last summer, Katherine “Kitty” Green received some disturbing news about the computer network at Florida Gulf Coast University, where she oversees a foundation for private donors. An outside data provider warned it had detected that hackers sneaked into the university’s …
