Texas Insurance Commissioner Kent Sullivan has approved changes in the rates for private passenger and commercial automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA), which is the state’s assigned risk plan. The changes, which are effective March …
Hudson Insurance Group has added Wallace Moreman as senior vice president. In this new position, Moreman will establish a subcontractor default insurance (SDI) business for Hudson. Christopher Gallagher, president and CEO of Hudson, said Moreman is part of the original …
Non-life re/insurers’ full-year underwriting results are likely to be severely affected by the second half of the year’s three hurricanes and earthquakes in Mexico–which will lead to rate hardening for non-life insurers and reinsurers, according to a report published by …
The number of fatal car crashes linked to drivers on drugs has spiked in the last two years in Utah while alcohol-related fatal wrecks have declined slightly, state figures show. The Legislature’s annual report on driving under the influence data …
Hudson Specialty Insurance has sued in federal court in Natchez, Miss., to nullify a policy covering a building that collapsed July 23 in the City of McComb, saying coverage was voided after the building owner took money from a previous …
Strong Feelings “We feel strongly that they should step up and play a role and work with the federal government in this process … We did a thorough assessment and that was completed, and this was the number that we …
A recent online survey of 1,000 U.S. individuals uncovered that the majority (87 percent) are concerned about a natural disaster striking their area but very few have taken action to protect themselves from being uninsured or underinsured. Of those that …
The North Carolina Rate Bureau has filed notice with the N.C. Department of Insurance to request a statewide average increase in homeowners insurance rates of 18.7 percent for 2018, according to Insurance Commissioner Mike Causey. The N.C. Rate Bureau represents …
Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to broker Marsh’s Global Insurance …
Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better communication and faster claims resolution also topped the list of small businesses’ …
