Specifically, according to the Florida Department of Insurance, USAA did not provide sufficient supporting data for the catastrophe model it used to determine expected hurricane losses, and its model
"A couple of places are so much higher" in terms of risk, he said, adding that according to the company's measuring system, number ten--Bloomington--is significantly less likely to be hit by a tornado t
Claims News Service, Nov. 3, 3:06 p.m. EST -- The replacement costs owed by insurance companies to rebuild the World Trade Center complex will not have to spend an extra $700 million to improve the
"If the NAIC is still committed to reducing reliance on database fees, then we strongly urge the NAIC to resist the temptation to raise database fees, and instead, focus on where and how the NAIC can
Specialty insurer Argonaut Group Inc. in San Antonio announced today that Dale H. Pilkington, president of its Colony Group subsidiary, has been appointed to the new position of president of Argonaut
Outgoing California Insurance Commissioner John Garamendi said yesterday workers' compensation insurers are not passing on savings from legislative reforms to employers so he is recommending a 9.5 per
Founded in 1908, Wyman, Green & Blalock is the oldest independent insurance agency in greater Bradenton. It specializes in personal and commercial property insurance, liability risk management and emp
The Innovation Group (TIG), an outsourcing and technology solutions provider to the property/casualty industry, has reached an agreement to acquire First Notice Systems from Concentra Operating
The figures from the Jersey City, N.J.-based ISO's Property Claim Services Unit were reported as the results of seven catastrophes in 20 states. Last year, during the same period, PCS registered a