Federal legislation mandating uniform rules for surplus lines carriers and brokers was heartily endorsed last week by industry witnesses testifying at a House Financial Services Committee hearing on
Allstate, which already has restricted the sale of homeowners policies in many hurricane-vulnerable areas, said last week it will no longer insure earthquake damage for some 352,000 policyholders
According to Newark, Calif.-based RMS, the latest versions represent a significant advancement in the quantification of seismic risk for the eastern U.S. and Canada, implementing third-generation mode
Allstate Insurance, which has stopped writing coverage for homeowners in many hurricane-vulnerable areas, said yesterday they will no longer cover earthquake damage wherever they are legally allowed t
Brokers may be found liable for damages to third-party 'intended beneficiaries' Here is an unusual California case that an agents organization has been trying to get "depublished" so it can't be cited as precedent.
Kristina Baldwin, regional manager for the Property Casualty Insurers Association of America (PCI), based in Albany, said the legislation designed to protect against identity theft is not relevant for
Producers, like most professionals, have different levels of technical sophistication, yet the general public might not recognize the need for such knowledge-based sophistication when they buy
Industry trade groups said they expect Connecticut Governor M. Jodi Rell to sign a bill approved by the legislature yesterday that permits insurers to change personal lines rates within certain limits
The Boston-based company said it now includes Arkansas, Kentucky, New Mexico, Oklahoma, Tennessee and Utah in the RiskMeter Online Distance to Fire Station Report (www.RiskMeter.com) and covers every