In the wake of the 2004 and 2005 hurricane seasons that resulted in more than $30 billion in losses, and the subsequent legislative changes made by lawmakers that are less than favorable to the
Decades ago the executives of the major car manufacturers in Detroit mulled over one question: Does safety sell? Interestingly, although the executives had statistics on traffic deaths in their
Traditionally, after the enactment of any major insurance reforms, the spoken, and often times unspoken rule is that a certain number of years must pass before it can be fully evaluated. This maxim
One of the most common questions raised by lawmakers, regulators, employers, and carriers is, how do the premiums paid by Floridians compared with other states when it comes to property and casualty
There is a saying among law enforcement officials that any law is only as good as those who enforce it. That saying is being more than proven by the efforts of the Division of Insurance Bureau of
A product of a special session lasting just a handful of days, at 176 pages the recently enacted property bill is a classic study of how the laws of political pressure can work to change the
Ask any industry professional, from the boardroom to the claim handler, What is one of the top problems facing the industry? More often than not they will answer, litigation. Whether it is auto,
When it comes regulatory infighting between the insurance community and policymakers, the general rule is that when in doubt, declare victory. For once, however, the industry seems justified in
Ever since the Washington Post reporters Bob Woodward and Carl Bernstein almost single-handedly brought down the presidency of Richard Nixon, they introduced into the political lexicon one of those
In some ways, 2006 has been the best of times and the worse of times. Regulators, lawmakers, and the industry have breathed a collective sigh of relief after this year's hurricane season passed by