There often are not many incentives for agents and brokers to calculate accurate property and business interruption values. When underwriting...
Hurricanes News
NEW HIRE TRAINING Discover the ‘missing ingredient’ ‘VALUED PROPERTY’ COVERAGE La., Miss. statutes to be tested CLOSER LOOK: Nonprofit insurers...
In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time...
Hallmark, Texas General Agency Hallmark Financial Services Inc. completed its previously disclosed acquisition of Texas General Agency Inc. and certain...
Seattle-based Safeco has reported its net income for the fourth quarter of 2005 was $190.7 million, compared with $179.8 million...
Inadequate ITV is not just a problem for the insurance industry – it also can be detrimental to policyholders. When...
The value of insurance-to-value often overlooked When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV) calculations so...
Swiss insurance giant Zurich Financial Services posted a 30 percent increase in its 2005 net profits to $3.2 billion, despite...
Fireman’s Fund Insurance Company is in the process of adding 190 new jobs, including 145 new claims professional positions, to...
A.M. Best Co. has downgraded the financial strength rating to B++ (Very Good) from A- (Excellent) and the issuer credit...