Similar Posts
Arkansas passes bill to create captive insurer for public education
[ad_1] State-owned solution aims to offset costly premiums and expand coverage [ad_2] Source link
Insurers seeing progress in fight against social Inflation
[ad_1] “Brokers can play a bigger role” in the fight against nuclear verdicts The insurance industry’s coalition work continues to expand. An inaugural in-person symposium in 2022 drew 50 to 60 people. Last year, that number had grown to 250. Another one is scheduled for later this year, and is expected to draw carriers, brokers,…
World Insurance Associates picks up Owens Insurance and Stokes-Farnham Insurance
[ad_1] Owens Insurance, founded in 1952, offers personal and commercial insurance, including coverage for home, auto, life, and business. Stokes-Farnham Insurance, established in 1954, provides similar services to individuals and organizations in the region. [ad_2] Source link
Virginia tightens surplus lines insurance broker rules, offers relief for public transit insurers
[ad_1] Industry now faces tougher reporting and faces criminal sanctions [ad_2] Source link
Alfa Insurance loses appeal over uninsured motorist coverage timing
[ad_1] Gallman served Alfa, her UM carrier, with the original suit in July 2021. One month later, she voluntarily dismissed the action. In December 2021, she filed a renewal complaint and served Alfa the next day. Alfa moved for summary judgment, arguing that it hadn’t been timely served in the original suit. The trial court…
Montana adopts tiered premium tax structure for captive insurers
[ad_1] Vermont continues to refine its captive insurance laws, with proposed legislation in 2025 focusing on technical corrections and clarifications related to controlled-unaffiliated risk, conversions of captive insurance companies into protected cells, parametric contracts, and confidentiality. [ad_2] Source link