N.Y. Issues Bonds to Resolve Workers’ Comp Claims January 13, 2014 New York Gov. Andrew Cuomo announced in December the state issued $370 million in bonds to assist businesses in failed...
E&O Insights: How ‘E&O Proof’ is Your Agency? January 13, 2014 By Curtis M. Pearsall Another year is in the books. As your agency reflects on the past year, how would your answer the following...
N.J. Sen. Menendez Calls for Flood Insurance Relief January 13, 2014 U.S. Senator Robert Menendez (D-N.J.) on Jan. 2 joined residents and local officials in Brick, N.J., to call on Congress...
10 Things to Know About Employment Practices Liability Insurance January 13, 2014 The employment practices liability insurance (EPLI) line has been showing the largest price hikes in U.S. commercial insurance. The EPL...
Florida Allows Electronic Proof of Auto Insurance January 13, 2014 Florida is joining the ranks of 29 other states and allow drivers to show law enforcement officers their proof of...
P/C Insurers Show Big Gain in Underwriting Profits January 13, 2014 Private U.S. property/casualty insurers’ net income after taxes rose to $43 billion in nine-months 2013 from $27.8 billion in nine-months...
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...