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Trained appraisers know that to accurately value a work of art, they must find comparable works in the marketplace. How do certain events help dictate pricing and, by extension, replacement costs?
In the aftermath of Superstorm Sandy, many corporate risk managers whose organizations had experienced a flood loss found their companies facing a new exposure.
The brokers responsibility is to the insured and failing to fulfill that duty can exonerate the insurer and result in a serious and expensive claim to the broker for inaction.
The brokers responsibility is to the insured and failing to fulfill that duty can exonerate the insurer and result in a serious and expensive claim to the broker for inaction.
Lousiana Insurance Commissioner Jim Donelon used an opportunity to meet with President Obama to present him with a letter asking him to refrain from raising flood insurance rates for residents of his state.
Lousiana Insurance Commissioner Jim Donelon used an opportunity to meet with President Obama to present him with a letter asking him to refrain from raising flood insurance rates for residents of his state.
Insurance commissioners from Florida, Kansas, Montana, New Hampshire, North Dakota and Pennsylvania have sent a letter to fellow state heads of regulation to inform them they would not attend a Nov. 20 meeting with President Obama.
Insurance commissioners from Florida, Kansas, Montana, New Hampshire, North Dakota and Pennsylvania have sent a letter to fellow state heads of regulation to inform them they would not attend a Nov. 20 meeting with President Obama.
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