August 31, 2006
The National Association of Professional Insurance Agents (PIA) has a new market for insurance agents’ Errors and Omissions (E&O) insurance through Lloyd’s, London – utilizing Lighthouse Underwriters, LLC (a member company of U.S. Risk Insurance Group, Inc.) as the preferred …
August 30, 2006
Mississippi Insurance Commissioner George Dale has pledged that the Mississippi Insurance Department will continue to dedicate itself to getting as many Hurricane Katrina claims paid as possible. Citing a report from the industry’s Insurance Information Institute that 94.3 percent of …
August 22, 2006
Farmington, Conn.-based Darwin Professional Underwriters, Inc. has debuted its new web site, http://www.tech-404.com/, dedicated to educating agents, brokers, and commercial insurance purchasers about the inherent technology and information liabilities facing traditional businesses, including cyber liability, Internet liability, and technology errors …
August 22, 2006
One year after Hurricane Katrina swept across the Gulf Coast, the Academy of Florida Trial Lawyers (AFTL) and the Association of Trial Lawyers of America (ATLA) are launching a national petition drive calling on insurance companies to put policyholders over …
August 16, 2006
Representatives of State Farm Insurance Co. are on a media tour in Mississippi to give a more positive image to the company as it and others in the industry fend off lawsuits filed in the aftermath of Hurricane Katrina. Mike …
July 26, 2006
Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL) a Program Administrator and MGA, introduces a new program for Independent Property & Casualty Insurance Agents Errors and Omissions. The program will be offered on a nationwide basis and …
July 14, 2006
A lawsuit alleging that Louisiana’s insurance plan of last resort failed to pay homeowner claims following hurricanes Katrina and Rita has been granted class-action status. State District Judge Henry Sullivan took the action on the suit, which alleges that Louisiana …
July 7, 2006
Oregon’s Department of Consumer and Business Services (DCBS) has ordered a Connecticut company to stop selling insurance in Oregon without a license. Golf Marketing Worldwide LLC, on its Web site, offers “hole-in-one” insurance for golf tournaments and related events. An …
June 20, 2006
Citizens Property Insurance Co. officials recently told agents meeting in Orlando that Florida’s insurer of last resort is “as ready as they are going to be,” to face the 2006 hurricane season. Paul Palumbo, Citizens head actuary, appealed to independent …
June 14, 2006
Insurance claims from the April tornadoes in Tennessee have climbed to $452 million, and some homeowners and business owners say their efforts to rebuild are being slowed by settlement delays and swamped contractors. Tornadoes and severe storms April 2 and …