Arthur Damage Assessments Underway in North Carolina July 6, 2014 By Andrew G. Simpson Hurricane Arthur made landfall before midnight on July 3 near Cape Lookout, North Carolina, as a Category 2 hurricane. Maximum...
Litigation Financing Firm Exits Tennessee As New Law Goes Into Effect July 3, 2014 By Andrew G. Simpson A litigation funding firm said it is leaving Tennessee as the state now requires firms like his to register and...
House Committee Approves TRIA Renewal Bill with NARAB Amendment June 20, 2014 By Andrew G. Simpson The House Financial Services Committee today voted to report out a bill to extend the federal terrorism insurance program for...
Florida ‘Hurricane Tax’ Sent to Early Retirement June 19, 2014 By Andrew G. Simpson A1.3 percent surcharge on most property/casualty policies in Florida to help pay for past hurricane claims is coming to an...
Aspen Board Urges Shareholders to Reject Endurance Offer June 17, 2014 By Andrew G. Simpson Aspen’s board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the...
House Votes to Block Raising Truckers’ Minimum Insurance Limits June 13, 2014 By Andrew G. Simpson The House of Representatives voted narrowly this week to block the federal government from raising the minimum liability insurance limits...
Drive Underway to Increase Truckers’ Minimum Insurance Limits June 5, 2014 By Andrew G. Simpson Truckers would be required to buy higher insurance limits under a government proposal, although how much higher is not yet...
Tennessee Adjuster Readies for Lengthy Legal Battle with Nationwide Over ‘On Your Side’ Slogan June 2, 2014 By Andrew G. Simpson A Tennessee adjuster sued by Nationwide Insurance for alleged trademark infringement because he used the company’s slogan, On Your Side,...
TurboRater Feature Lets Agents Control Carrier Ranking in Comparative Rating May 29, 2014 By Andrew G. Simpson The newest agency software feature for the personal lines comparative rating system TurboRater allows agency managers to control the ranking...
Sunshine State Insurance Co.’s Future Unclear After UPC Deal Falls Through May 29, 2014 By Andrew G. Simpson The future for Florida’s Sunshine State Insurance Co. (SSIC) is unclear now that a deal by another insurer to rescue...