Watch as we visit a Pennslyvania beauty salon to hear about some of the unique exposures faced by a business that uses sharp-edged objects, chemicals and high heat. The broker of this client, eSalonInsurance.com, uses a unique, online-only approach to selling insurance.
PC360's Bryant Rousseau recently sat down with Florida OIR Commissioner Kevin McCarty in his Tallahassee office to discuss recent initiatives in the stateand to find out what the Immediate Past President of the National Association of Insurance Commissioners (NAIC) thinks is the appropriate role of the federal government in insurance...
PC360's Bryant Rousseau recently sat down with Florida OIR Commissioner Kevin McCarty in his Tallahassee office to discuss recent initiatives in the stateand to find out what the Immediate Past President of the National Association of Insurance Commissioners (NAIC) thinks is the appropriate role of the federal government in insurance...
Florida Insurance Commissioner Kevin McCarty talks PIP reform, federal oversightand whether its time for a serious look at breaking up Citizens Property, the states insurer of last resort.
Florida Insurance Commissioner Kevin McCarty talks PIP reform, federal oversightand whether its time for a serious look at breaking up Citizens Property, the states insurer of last resort.
Looking to restructure some debt stemming from acquisitions and to fund the buyout of its majority owner, Tex-Cap Concord Insurance Servicesa Dallas-based insurance agency that places commercial, personal and employee-benefits businesstapped Oak Street Funding for a multimillion-dollar loan.
When it comes time for an agency founder to sell, agency aggregators often put the highest dollar figures on the table. But many owners believe its a whole lot better for their legacy to perpetuate the agency with the people who have grown it and have the [client and carrier]...
California is one of the three states, along with New York and Washington, that has initiated the joint administration of a survey asking all insurance companies writing more than $300 million in direct written premium to discuss the steps they are taking to address climate change.
One climate-change related threat insurers say is worth watchingand losing some sleep about: Class-action suits against carbon-based energy companies, accusing them of causing global warming and therefore being liable for the resulting damages.
Fewif anyindustries would seem to face a greater existential threat from the effects of climate change than insurance. As flood waters rise, as hurricanes and tornadoes grow more intense and as droughts last longer, trillions of dollars of insured assets are at risk. In the ugliest scenario imaginable, even the...