| 1. | Republicans to Re-launch U.S. Flood Insurance Overhaul
Mar 4, 2011 -- Draft legislation to overhaul the U.S. National Flood Insurance Program will be unveiled next week, said the Republican chairman of a congressional insurance oversight panel Thursday. Representative Judy Biggert told Reuters she will present the ... |
| 2. | Florida Announces 17 Arrests in Largest-ever PIP Bust
Mar 3, 2011 -- Florida's "Operation Deep Horizon" has netted 17 arrests — including a clinic owner, doctors, clinic employees and staged recruiters — in the state's largest-ever auto personal injury protection (PIP) insurance bust . Chief Financial ... |
| 3. | Ohio Casualty Targets Small Commercial Growth
Mar 3, 2011 -- Ohio Casualty, a Liberty Mutual Agency Corp. regional company, announced the expansion of its small commercial appetite with the addition of more than 60 business classes to its Commercial Protector BOP product. The majority of the additional ... |
| 4. | State Farm Posts $1.8 Billion Net Income for 2010 Despite Underwriting Losses
Mar 3, 2011 -- State Farm reported $1.8 billion in after-tax net income in 2010, compared with $800 million in 2009. The improvement "was driven by the P-C companies' improved results," said the bulletin, which also explained that the "P-C companies reported a ... |
| 5. | Certificate of Insurance Bill Makes Headway in Georgia
Mar 2, 2011 -- Agents in Georgia are urging their representatives to support a bill that would clarify the use of certificates of insurance issued to policyholders. Among other things, the bill would require certificate forms to be filed and approved by the ... |
| 6. | NFL Players’ Agents Calling Insurance Plays as Lockout Looms
Mar 2, 2011 -- Indianapolis Colts linebacker Gary Brackett promises to be ready for the start of next season -- whenever it is. He also wants to be smart in these uncertain times. Indianapolis' 30-year-old defensive captain, like his NFL brethren, is preparing for ... |
| 7. | President Obama Backs Flexibility for States on Healthcare Law
Mar 1, 2011 -- President Barack Obama extended an olive branch on Monday to U.S. states struggling to implement his healthcare law, offering support for a proposal that would give them some flexibility in carrying out its key parts. Obama's signature healthcare ... |
| 8. | Texas Regulators Move to Take Over Windstorm Insurance Association
Feb 28, 2011 -- The Texas Department of Insurance has informed the director of the state's property insurance company of last resort for wind in the state's coastal counties that it is placing the organization under TDI's administrative oversight. In a Feb. 28, ... |
| 9. | Industry Files Dog Exclusions for Homeowners Policies
Feb 28, 2011 -- A national insurance advisory organization is filing three endorsements to allow insurers to exclude personal and umbrella liability coverage for injury or damage arising from dogs. The American Association of Insurance Services (AAIS) develops ... |
| 10. | Crump Reaches Standstill Agreement with Former Employee, R-T Specialty
Feb 28, 2011 -- Dallas-based Crump's Property & Casualty Insurance Services Division (Crump P&C), which is part of insurance wholesaler Crump Group Inc., announced that it has reached a standstill agreement with a former employee and his new employer, R-T ... |
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