All the headlines from our Agencies Topic Page, ordered by recency.
May 9 2011 // Homeowners’ insurers in Florida are breathing a sigh of relief after succeeding in a months-long battle to obtain property insurance reforms designed to reduce costs and stabilize the market.After watching state...
May 9 2011 // Strategic Insurance Agency Alliance (SIAA) announced that six new independent agencies in the Midwest have joined the alliance. They are among 21 new members that SIAA signed in April.Of April’s signed members, 18...
May 9 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...
May 9 2011 // The California Senate Insurance Committee has blocked a restitution bill that would have given explicit authority to the state Insurance Commissioner to order restitution as part of an administrative enforcement action...
May 6 2011 // California Assembly Member Anthony Portantino, 44th District, has proposed a bill aimed to level the playing field for brokers who help to secure workers’ compensation insurance from the State Compensation Insurance...
May 6 2011 // A Bismarck, N.D., insurance agent accused of falsifying insurance applications to qualify for weekly bonuses has lost his agent license.North Dakota Insurance Commissioner Adam Hamm revoked the license of Michael Krebs....
May 6 2011 // Hampton, N.H., based The Strategic Insurance Agency Alliance (SIAA) announced 21 new member agencies in April. Of April’s signed members, 18 are liberated “captive agents” new to the independent agency...
May 4 2011 // Woe to the employer who is not attentive and actively engaged in health and safety.” That’s the warning the California Division of Occupational Safety and Health (Cal/OSHA) is giving employers in the Golden...
May 4 2011 // Commercial property/casualty pricing declined again with an average decline 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down.The market showed...
May 4 2011 // Members of the armed services and their sponsors will find it easier to keep or obtain an agent’s license under a new law approved by Kentucky lawmakers.Kentucky Governor Steve Beshear has signed into law HB 301 that...
May 4 2011 // Among the enforcement actions for March 2011 announced by the Texas Department of Insurance are a number of fines imposed on surplus lines wholesalers for failing to report surplus line premium in a timely...
May 3 2011 // Bank insurance brokerage fee income in 2010 reached a record level as it rose 7.9 percent from $12.36 billion in 2009 to $13.33 billion in 2010, according to a new report.The report, compiled by Michael White Associates...
May 2 2011 // Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower financial penalties if found in violation of any laws under a measure just signed into law.For...
May 2 2011 // Pending state legislative proposals, such as California’s AB 315, that would implement the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) are akin to the fly in the ointment.The NRRA becomes effective on July...
May 2 2011 // Vehicles used for recreational purposes such as RVs or boats carry distinct risks that require unique claims, coverage and concessions that automobile insurance does not. Before your client puts his boat in the water or...
May 2 2011 // The impact of the medical loss ratio has been dramatic on the agents and brokers in this country and it was dramatic immediately.”That’s a quote from Beth Ashmore, an independent insurance agency owner from...
May 2 2011 // For agents across much of the Northeast, the last several months have brought spates of spring flooding — and has served as a reminder for what is poised to become a political battle this fall over frequent lapses and...
May 2 2011 // California Sen. Noreen Evans, D-District 2, has introduced legislation to grant explicit authority to the state Insurance Commissioner to order restitution as part of an administrative enforcement action against an...
May 2 2011 // InsuranceJournal.com Reader Poll Do you think P/C insurers, rating agencies and regulators place too much emphasis on computerized catastrophe models?Video Highlights Spring Flooding Renews Federal Flood Program...
May 2 2011 // The impact of the medical loss ratio has been dramatic on the agents and brokers in this country and it was dramatic immediately.”That’s a quote from Beth Ashmore, an independent insurance agency owner from...