To boost their profitability, agencies make investments all the time in people and technology, as well as in other businesses through acquisitions. But Dan Epstein, CEO of ReSourcePro, says there is another often overlooked source of improved profitability buried in …
Interview with Recently Re-Elected Insurance Commissioner Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the homeowners insurance market than he is on auto insurance. As was the case four years ago when he first …
Alabama Gov. Robert Bentley has finally released the long-awaited report by a commission to study what to do about insurance availability and prices. Bentley first created the commission on April 6, 2011 – almost two years ago – to address …
The state-backed Citizens Property Insurance Corp. has hired a journalist to help the frequently embattled insurer with its image. Citizens’ legislative affairs director Christine Ashburn announced the appointment of Mike Peltier as the company’s media relations manager. The 52-year-old Peltier …
Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the state’s homeowners insurance market than he is on auto insurance. As was the case four years ago when he first assumed office, Goodwin sees the …
Property/casualty insurance executives believe that the U.S. economy is still not on the right track. According to a survey conducted by the Insurance Information Institute, 77 percent of P/C leaders hold this view. The I.I.I. conducted a survey at its …
The new CEO of the National Association of Insurance Commissioners (NAIC) says there is a limited role for the federal government in insurance in partnership with state regulators but there is “no need for dual regulation.” Ben Nelson, former U.S. …
Officials at Florida’s Citizens Property Insurance have dropped a plan to loan money to private insurers in exchange for these insurers taking some of the state-backed insurer’s policies. It turns out that insurers did not think it was a good …
In Chinese astrology, the year 2012 was the Year of the Dragon, a symbol of unpredictability and uncertainty. The dragon represents mystery because its head and tail cannot be seen at the same time, according to Chinese tradition. So was …
The Senate on Friday approved a $60.4 billion supplemental package to provide additional aid for northeast states hit by Superstorm Sandy that includes an increase in the borrowing authority of the federal flood insurance program. The measure increases the borrowing …
