Burns & Wilcox to launch a new product offering with Atain Insurance

Florida Attorney General James Uthmeier said the review identified numerous unrelated claims that should not have been submitted for reimbursement. These allegedly included non-hurricane-related damages, which, under the fund’s guidelines, were ineligible for payment. The attorney general’s office stated that Universal’s reporting practices led to excess payments from the hurricane fund, the report said. Source…

The state’s unique bifurcated regulatory structure involves two primary entities: the DFS, traditionally led by the chief financial officer and responsible for managing consumer services, including the intake and initial processing of insurance complaints; and the OIR, headed by the insurance commissioner, overseeing insurer licensing, rate approvals, and market conduct examinations. Source link

There is also the Nevada Public Employees’ Benefits Program (PEBP), which manages and administers health and life insurance programs for qualified Nevada government employees. Established in 1963, it offers comprehensive medical, prescription drug, dental, vision, life, and long-term disability insurance. Source link

Industry experts bring depth and focus to construction and claims management Source link

In the latest edition of Insurance Business TV, join Daniel Mogelnicki, of Westfield Specialty, as he examines the state of the E&O and MPL market. In this interview he delves into the specific opportunities in MPL classes, and offers tips for brokers operating in the space. Source link

One wholesale broker’s view on FAIR problems – and where the next great opportunity might be coming from Source link