Florida Underwriter April 2009
Cover Story
Surviving in Today's Challenging Environment
We are all well aware of the hard economic times our country faces. Unemployment is up, credit availability and auto sales are down, and businesses are scaling back. For our industry, fewer car and
Features
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Enote
Predicting what our legislators will pass or not pass this early in session is for the young and daring. I am surely not the one, and often not the other. So, instead of making win-or-lose
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Citizens' Rates Going Up
Despite some lingering political opposition, many Republican lawmakers, and just as importantly Gov. Charlie Crist, have conceded the need for Citizens to charge actuarially sound rates as required
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Insurance Issues Unsettled
While there are bills dealing with workers' compensation, the Florida Hurricane Catastrophe Fund, and property insurance in general, there does not appear to be a universal consensus yet on the best
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A Preview of the 2009 Industry Gatherings
Convention season for the annual gatherings of Florida's insurance associations runs from mid-May through mid-September. Judging from the expected numbers of attendees this year, not even a crashing
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Workers' Compensation Premium Fraud Claims Many Victims
When most people think of workers' compensation fraud, they envision an employee filing a claim for a leg injury only to be caught running a marathon a few weeks later. But it is a different type of
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Decision Time for Credit Scoring?
With the Florida Legislature recently confirming the Oct. 2, 2008, legislative sunset of Florida's public records exemption for credit scoring methodologies and related trade secret information, some
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Privacy in a Connected World
According to a recent report by the Identity Theft Resource Center (ITRC) in San Diego, there were 656 data breaches reported in 2008. This represented a significant increase over the 446 breaches
From the Editor
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In Praise of Insurance
Predicting what our legislators will pass or not pass this early in session is for the young and daring. I am surely not the one, and often not the other. So, instead of making win-or-lose
People
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Hoelle Joins Tuscano Agency
Tim Hoelle, a 30-year veteran of the commercial insurance market, has joined the W.N. Tuscano Agency, a Pennsylvania-based wholesale insurance broker entering its 40th year in business. Hoelle is the
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Regency New Hires
Cheryl Carr and Richard O'Brien have joined Regency Insurance Brokerage Services of Hallandale Beach as wholesale brokers. Company information is available at www.regencyinsurancebrokerage.com. ...
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McClure Appointed
Diana McClure, business resiliency program manager at the non-profit Institute for Business & Home Safety (IBHS), has been appointed to the Disaster Recovery Institute International Standards and
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Ferguson Joins TMS
Total Medical Solutions of Orlando has appointed Tricia R. Ferguson, PHR, to director of human resources and administration. Company information is available at 800-700-9393 or ...
Company Notes
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New Marsh Windstorm Program
Marsh is offering a property insurance program that can provide up to $500 million of annual capacity, in the aggregate, for windstorm losses incurred by all participating oil and gas companies
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Licenses Obtained
Imperial Life Settlements, LLC, of Boca Raton has obtained licenses to operate in Nevada, Ohio, Indiana and Nebraska, according to CEO Antony Mitchell. The firm is a specialty finance company focused
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Main Street Rating Affirmed
A.M. Best has affirmed the financial strength rating of "A" (Excellent) of Jacksonville-based The Main Street America Group and its five wholly owned subsidiaries: NGM Insurance Company, MSA
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FWCJUA Rate Decrease
The Florida Workers' Compensation Joint Underwriting Association (FWCJUA) rates and forms committee has approved an overall premium decrease of one-half percent, effective April 1. The decrease is