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In steps to bolster the Citizens Property Insurance Company the lawmakers approved a $715 million appropriation to offset the insurer's 2005 deficit. That action would reduce the 11 percent premium as
LAHAINA, HAWAII--Wholesale agents are missing a huge opportunity by failing to properly market professional liability coverage to retail agents, a knowledgeable executive advised an industry conference
One measure would allow greater access to the Florida Insurance Catastrophe Fund for so-called limited apportionment companies (LACs) with $25 million in surplus or less. It enables them to buy a $10
Changes allowing insurers to hike or cut rates without prior regulatory approval within set limits were incorporated in an omnibus property insurance reform bill approved Friday night in the closing h
A New Jersey lawmaker said yesterday he plans to introduce legislation in response to a complaint by insurance agents that GEICO has made an improper arrangement with the state turnpike authority to m
Mr. Thorpe said there are several precedents for classifying storm surge as flood, supporting the position of the property-casualty insurance industry that such damage is not covered under flood
The debate in Congress over insurance regulation will help spur a "slow and ponderous" National Association of Insurance Commissioners into action to reform the system, according to New York
David F. "Bud" Wilson was honored with the Woodworth Memorial Award during the Independent Insurance Agents and Brokers of America's recent National Legislative Conference and Convention in
The GAO report--"Title Insurance: Preliminary Views and Issues for Further Study"--was released through Rep. Mike Oxley, R-Ohio, chair of the House Financial Services Committee, who had requested the
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