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11, 2015
FEMA’s Sandy Flood Insurance Review Taking Longer Than Expected
The Federal Emergency Management Agency’s review of Superstorm Sandy flood insurance claims is taking longer than expected, with fewer than 200 checks issued. FEMA announced in March the review for as many as 142,000 claims after homeowners complained they were …
9
11, 2015
Kinsale Launches New Law Enforcement/Police Professional Product
Kinsale Insurance Co. has launched a new law enforcement/police professional product. This is the initial product in Kinsale’s recently established Public Entity Division. Per Clay Rhoades, Kinsale vice president, law enforcement/police professional is the first of many products planned for …
9
11, 2015
A Conversation on Innovation and the Industry’s Future with ACORD’s Hartnett
There are not many insurance executives who will quote inventor Thomas Edison, Microsoft’s Steve Baumer, futurist Alvin Toffler, Moore’s Law and philosophers Aristotle and Plato. There are also not many people in the insurance business who can flash business cards …
9
11, 2015
Burns & Wilcox Names Burns Vice President in Arizona
Burns & Wilcox Brokerage has named Susie Parks vice president and senior broker in the firm’s Scottsdale, Ariz. office. Parks will focus on real estate, hospitality, products and product recall coverage. Parks has 29 years of experience. She was most …
9
11, 2015
South Carolina Establishes New Precedent for Legal Malpractice Cases
The South Carolina Supreme Court has reversed a decade old precedent-setting decision in which it dismissed a legal malpractice case based on the expiration of the statute of limitations and in doing so adopted a new rule for which the …
10
11, 2015
Florida Issues Data Call for Water Claims, Assignment of Benefit Costs
The Florida Office of Insurance Regulation (OIR) ordered Florida’s largest property insurers on Oct. 23 to submit detailed information on water loss claims, mitigation services, litigation and assignment of benefits. OIR stated the data call would help evaluate the impact …
9
11, 2015
Florida Approves First Citizens Take-Out Offers for 2016
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 127,266 personal residential policies and 3,268 commercial residential/non-residential polices from Citizens Property Insurance Corporation. The announcement represents the first take-out for 2016 and the following five …
10
11, 2015
Alper Services Hires Moyer in Commercial Lines Division
Chicago-based Alper Services LLC has added Robert Moyer as an account manager in its Commercial Lines Division. With eight years of experience in the insurance industry, Moyer has worked on both the underwriting and brokerage sides and most recently was …
9
11, 2015
West Virginia Dog Wins Award for Most Unusual Pet Insurance Claim
A dog that ate a barbecue skewer has won a national competition for most unusual pet insurance claim. The Bluefield Daily Telegraph reports that the 5-year-old Boxer named Curtis beat out 11 other pets in online voting for Nationwide’s Hambone …
10
11, 2015
Mississippi Parking Lot Caves-In, Swallows 12 Cars
A cave-in of a restaurant parking lot in Mississippi swallowed 12 cars and now experts have begun work to determine the cause of the weekend collapse, authorities said. No one was reported injured when the pavement gave way Saturday night, …