WASHINGTON--State regulators seeking ways to resolve insurance claims and rates issues raised after Hurricane Katrina are considering a number of options that would bring catastrophe prone states toget
Hurricane season. While these two words evoke apprehension in the hearts of Floridians, there are those who look forward to it with unusual excitement and anticipation. For insurance adjusters, this
In the past few years, the business press has been full of articles about private equity investors buying big companies and then making them even bigger. Below the media's radar, however, the nation's small
The Department of Financial Services Division of Insurance Fraud has announced the arrests of a number of individuals who allegedly participated in various schemes to defraud insurers. Several of the
Michael Miller, president and chief operating officer of the insurer--which today writes about $2 billion in premiums annually--reviewed some of its history for National Underwriter recently, reporting
For surplus lines brokers, dealing with the softening property-casualty market means making deliberate efforts to get closer to their retail agent customers, several wholesalers told National
Wording on certificate alone does not grant additional assured status Insurance agents and brokers must issue certificates of insurance only with the certainty that the certificate accurately states the facts of the particular case. Failure to use
Binders may seem simple and benign, but it's precisely their innocent appearance that can lead to problems. Agency owners, producers and CSRs believe binders are so basic that nothing can go wrong when they issue one. But in reality plenty can go
Mark Dwain Hannifin, owner of the Wellington-based Hannifin and Associates, had his agent's license revoked in 2006 after collecting premiums from customers, but failed to purchase the insurance
The Jacksonville-based Brightway Insurance Group is on course to meet its goal of opening a new office every month as the company announced it would establish a new agency in Leesburg. Counting the