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Insurance moves: CRC, Preferred Employers, Arden, McGowan and Newline Group
Rita Carr (pictured above, left) joins the Indianapolis office as senior underwriting team leader, bringing over 30 years of expertise. Glenn Willis (pictured above, center) has been named underwriting team leader in Dallas, drawing on more than 17 years of experience including brokerage roles focused on tailored solutions across diverse lines. Meanwhile, Nick Sans also…
New Jersey proposes tighter rules on life insurance reserves to match national standards
The proposal, introduced by the Department of Banking and Insurance, calls for the adoption of the NAIC Term and Universal Life Insurance Reserve Financing Model Regulation #787, known within the industry as the XXX/AXXX Model Regulation. The move would bring uniformity and greater transparency to reserve financing, an area that has historically presented regulatory challenges. Source link
The Top Risks in Your Field
From equipment theft to chemical exposure, the lawn care industry is not without its fair share of risks. Lawn care companies typically face three primary risks: general liability, commercial automobile exposure, and worker safety. Protecting your lawn care business from risks is not just about compliance—it’s about ensuring long-term success. By understanding common industry risks…
GEICO expands in Florida and North Texas with new offices
Thousands of new positions opening up in new service centers Source link
Texas Department of Insurance sued over monthly verification rule for lifetime income benefits
Law argues that the rule conflicts with the Texas Labor Code, particularly Section 408.161, which states that “lifetime income benefits are paid until the death of the employee.” He also cites Section 408.201, which exempts benefits from “garnishment, attachment, judgment, and other actions or claims.” According to Law, the monthly verification requirement amounts to an…
Insurance Business reveals California’s top workers’ comp insurers
See if the company you work with made it to this year’s list Source link