The first meeting of a new 10-member Standard Personal Lines Advisory Committee, assigned to develop a standard homeowners insurance policy for Floridians that is easy to understand and offers comprehensive coverage, will be held Oct. 4 in Tallahassee. State lawmakers …
The Texas Department of Insurance announced it is sending additional insurance specialists to East Texas to help consumers affected by Hurricane Rita. Six assistance centers have already been established around the state, and TDI is deploying mobile response teams to …
One thing is known: auto insurance rates in Massachusetts will be going down in 2006. How much remains a matter for Insurance Commissioner Julianne Bowler to decide by the end of the year. Bowler today received her third recommendation, this …
New York insurance officials, fearful Congress will not renew the Terrorism Risk Insurance Act before it expires at the end of the year, are working on backup plans of their own. New York officials have been in touch with peers …
Have we seen America’s future through the eyes of hurricanes Katrina and Rita? Monster storms drowning cities and obliterating coastlines. Jobs vanishing and prices rising as ports and pipelines close. Millions fleeing, but many are trapped and die. Chaos reigns, …
U.S. Rep. Charlie Melancon said he will co-sponsor Rep. Gene Taylor’s legislation allowing home and business owners without flood insurance when Hurricane Katrina struck to receive compensation retroactively through the National Flood Insurance Program. Taylor (D-Miss.) discussed the proposal this …
More than half of European companies polled in a survey on global network risk admitted that they have suffered significant financial damage as a result of IT system failure in the last 12 months. The survey, conducted by the Economist …
A state appeals court has struck down a law that consumer advocates said would result in higher auto insurance rates for many low-income motorists and discourage uninsured drivers from getting coverage. A three-judge panel of the 2nd District Court of …
A record 82 percent of Americans wear their safety belts while driving or riding in their vehicles, U.S. Secretary of Transportation Norman Y. Mineta announced at the Mothers Against Drunk Driving (MADD) National Conference, in Washington D.C. According to a …
Legislative changes effecting property insurance that took place this year in the Florida Legislature were discussed by Keri Rayborn, Rayborn Consultants, and Ron Villella, PIA’s government affairs director, during a “Legislative Update” sponsored by the Professional Insurance Agents of Florida …