July 26, 2007
Property insurers in Florida are facing a crisis as they try to deal with the impact of drastic changes imposed on them with the recent enactment of the property insurance law (HB 1A) that contains new mandates. How to respond …
July 26, 2007
New England insurance broker Telamon Insurance & Financial Network is going beyond typical insurance offerings by partnering with a firm to give its business clients insurance for their electronic data. The broker is working with AmeriVault Corp., which provides online …
July 26, 2007
According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, they would not leave. This is an increase …
July 26, 2007
Kevin S. Whooley has been appointed as a marketing representative at Meadowbrook/TPA Associates, a member of the Meadowbrook Insurance Group. In this role, Whooley will work with independent agents throughout New England to facilitate the growth of the company’s insurance …
July 26, 2007
Changes in sinkhole coverage made during Florida’s regular and special legislative sessions affect residents in Pasco and Hernando counties. Citizens policyholders in those counties will automatically be provided coverage for catastrophic ground cover collapse, but will have to select optional …
July 25, 2007
Montgomery Insurance, a member of Liberty Mutual Group, announced the recent addition of Virginia personal and commercial field underwriting specialists, territory managers, and underwriting staff in Central and Southern Virginia to support its appointed agents and targeted growth in that …
July 25, 2007
The federal Terrorism Risk Insurance Revision and Extension Act moved out of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises this week and on to the full House Financial Services Committee. The measure (H.R. 2761) …
July 25, 2007
A federal jury in Oklahoma convicted the owners of a Norman employment service of defrauding businesses by billing them for workers’ compensation insurance coverage that didn’t exist. The panel found Justin Bruner, 36, of Norman, and Paul W. Voyles Jr., …
July 25, 2007
Arkansas soybean-disease fighters hope to nip in the bud, so to speak, an outbreak of Asian soybean rust that has spread to southwest Arkansas. Asian soybean rust, a fungus that can defoliate a field in three weeks if left untreated, …
July 25, 2007
Following a series of burglaries at insurance agencies in Arkansas, Insurance Commissioner Julie Benafield Bowman issued a reminder to all insurance companies of the notification requirements concerning security breaches. Should such a breach occur, companies are required to disclose the …