Risk Management

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the state's omnibus property insurance bill passed at the close of the 2010 legislative session.

If the person obtaining the insurance was a "broker"-- that is, was a person who transacted insurance with, but not on behalf of, the insurer--the insured's suit against the insurer will fail.

Whether a loss is large or small, specialty items may often be the culprit behind snags, delays, and points of contention.

Golden Bear Insurance Company has implemented WebWriter Enterprise from Insurance Systems, Inc., to handle complete insurance processing for all of the carrier's personal lines business.

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the omnibus property insurance bill passed at the close of the 2010 legislative session.

Edward T. Havermann III has joined Westrope as a broker in its national transportation practice. His territory is the Southeast, which includes Florida.

It doesn't seem fair for me to pay for replacement cost coverage in my homeowners' policy if I only get actual cash value upfront. I paid good money for replacement cost coverage, and I want it now.

The absence of a major catastrophic event in Florida in recent years has not erased memories of the 2004 and 2005 hurricane seasons and the impact of the ensuing hard property insurance market.