Understanding the Biggert-Waters Flood Insurance Reform Act of 2012 January 27, 2014 By John Minor Flood insurance has been a staple of development since 1968 when it was created by the federal government. There are...
Massachusetts Schedules Hearing on 7.7% WC Rate Hike Request January 27, 2014 The Massachusetts Division of Insurance is scheduled to hold a hearing on Jan. 30 to consider the request of the...
Lines Sometimes Blurred in E&S Market, Experts Say January 27, 2014 By Andrea Wells In the days of ole, insurance professionals knew at a glance the type of business that best fit into the...
N.Y. Enacts Disclosure Law for Public Adjusters January 27, 2014 New York State’s Act 5775, which took effect Jan. 1, restricts public adjusters from receiving a referral fee or having...
Global Natural Disasters Cost Insurers $45B in 2013 January 27, 2014 In 2013, there were 296 separate natural disaster events that produced total economic losses of $192 billion – four percent...
USAA Covers Mass. Same-Sex Spouses Earlier Denied January 27, 2014 Massachusetts Attorney General Martha Coakley says United Services Automobile Association will offer insurance coverage to people who had previously been...
North Carolina Licenses Four Captives January 13, 2014 North Carolina Insurance Commissioner Wayne Goodwin said his agency has issued four captive insurance company licenses since the state’s Captive...
The Profit Compression January 13, 2014 By Chris Burand The bad news is independent agency profits are and will continue to be compressed. The good news is that for...
North Carolina Commissioner Miffed at Home Insurance Rate Bid January 13, 2014 Despite urging by the state’s insurance commissioner that they withdraw their bid, North Carolina homeowners insurers are unlikely to withdraw...
Construction Obstruction January 13, 2014 By Andrea Wells Skilled Labor Shortage and Lax Safety Could Injure Construction Insurance Market For agents and brokers serving the contractors and subcontractors...