Hub International Limited has acquired the assets of Florida Federal Insurance Co. of Boynton Beach, a personal and commercial insurance brokerage firm. Terms ...
Homeowners who have recently been affected by flood map changes may be eligible for a new flood insurance option that can provide temporary financial relief. ...
Unisource Program Administrators has been acquired by U.S. Risk....
The new minimum medical loss ratio (MLR) rules are generating fierce debate in Congress over context and intent....
The American College of Occupational and Environmental Medicine soon will release the Third Edition of its Occupational Medicine Practice Guidelines: Evaluation and Management of Common Health Problems and Functional Recovery in Workers. ...
American International Group said it will sell its majority interest in its consumer lending business, American General Finance, and take a pre-tax loss of $1.9 billion in the third quarter from the transaction....
Medical fraud is on the move in Florida. And the NICB is chasing it....
United Insurance Holdings Corp., a P&C insurance holding company based in St. Petersburg, said it returned to profitability in 2Q.
...
With the prediction of a very active hurricane season on the horizon, a report on catastrophe bond activity shows 2010 second-quarter transactions were the second most active on record, but outstanding capital is down....
Insurance Commissioner Kevin McCarty defends OIR actions in letter to Tallahassee newspaper....
Former Secretary of State Madeleine K. Albright will be the keynote speaker at the CPCU 66th Annual Meeting and Seminars Sept. 25–28 at the Orlando World Center Marriott. ...
Despite the casual nature of social media sites such as Facebook and LinkedIn, the use of social media is subject to state insurance laws that govern advertising and unfair trade practices....
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge....
Despite losses that would normally promote a hardening in the power sector insurance market, rates remain soft with no sign of a turnaround in the near future....
Swiss insurer Zurich Financial Services AG on Thursday reported a 51% decline in second-quarter net profit....
Cecil Pearce to take over helm at Florida Insurance Council....
Florida's property insurance market appears able to absorb the blow of a large storm in addition to a series of smaller events this year....
The Florida Office of Insurance Regulation has issued a Cease and Desist Order to the Association of Independent Mangers for the sale of unauthorized health insurance plans. ...
Miami tops all Florida cities for vulnerability to hurricanes....
Brown & Brown Insurance wins court fight to keep documents confidential....
Probe of Rep. Charles Rangel pulls insurers into the spotlight....
The Multiple Peril Insurance Act could be back on the House agenda as early as this week, before Congress leaves for the August recess....
Humana Inc., has named Tim Love president of its Florida commercial operations. He is Humana's senior commercial executive for the company's Florida markets, which include South Florida, Central Florida and North Florida....
FAIA's Scott Johnson once again takes on public adjuster....
The House will likely consider legislation on Thursday that would add wind coverage to the National Flood Insurance Program, a plan opposed by the insurance industry....
Markel Corp. is moving into the Florida workers' compensation business with the acquisition of Aspen Holdings, Inc. ...
Gov. Charlie Crist has issued a proclamation calling for a Special Session July 20-23 related to oil drilling....
President Obama has ignited a political firestorm by using the recess appointment process to make Dr. Donald Berwick administrator of the Centers for Medicare and Medicaid Services. ...
A report that Florida’s catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state’s insurance department....
The House has passed legislation that allows recovery of noneconomic damages for maritime death victims’ families, starting with the 11 workers that died in British Petroleum’s current oil rig disaster. ...
Florida needs reform in areas of public adjusters and replacement cost value claims processing....
Citizens Property Insurance Corp. says someone fraudulently changed its address through the U.S. Postal Service....
Insurance groups want commissioners involvement in new health care ratios....
The House passed legislation that would for the first time establish a federal office designed to deal with insurance activities....
The Senate, last night, extended the long delayed National Flood Insurance Program....
CFO Sink writes Feinberg regarding claim process for BP oil spill....
MedMal Direct bypasses the agency system and goes direct to the consumer...
Finally, some good news about the Florida property insurance market....
Florida Insurance Commissioner Kevin McCarty has issued a Final Order to a dozen entities, including companies and their officers, for the unauthorized sale of health insurance products in Florida.
...
The Florida Surplus Lines Service Office has issued a bulletin outlining its new requirements for policy transactions associated with Lloyd's of London. ...
Florida CFO Alex Sink wants oil spill claim facility located in Florida....
XL Re Ltd. is the first reinsurance company from Bermuda to operate in Florida without having to put up 100 percent collateral....
The Florida Hurricane Catastrophe Fund and Florida Citizens Property Insurance Corp. have more than $2 trillion in total exposures....
Florida domestic insurer Olympus Insurance Co. has satisfied state regulators with a corrective action plan to rectify concerns about the company’s solvency. ...
AIR Worldwide (AIR) has received certification of its 2010 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology....
Weiss Research Inc. finds a number of large life and annuity insurers are in solid financial shape. ...
Investigators contacted more than 888 employers, visited 435 work sites, and issued 70 Stop-Work Orders....
The National Flood Insurance Program will pay claims for damage to homes and contents from oil driven ashore during hurricanes, its officials have announced....
Universal Insurance Services of Florida, Inc. and Gaines & Smith Financial Group, Inc., have merged into a single business....
Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the omnibus property insurance bill passed at the close of the 2010 legislative session. ...
|
|