Florida OIR approves transferring more Citizens policies to private insurers

[ad_1] Earlier in the legislative session, lawmakers considered creating a formal risk pool for commercial fishermen, modeled after municipal programs. Insurance Commissioner Lori Wing-Heier said such a pool could be established but noted concerns about funding and eligibility. She said the industry’s current financial condition could limit its ability to sustain a risk pool and…

[ad_1] Mark Walls, formerly vice president of Client Engagement, has been named corporate senior vice president and chief marketing officer. Dan Berns, previously vice president of account services, will become corporate senior vice president of operations, overseeing account services and insurance compliance. [ad_2] Source link

[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,…

[ad_1] The acquisition is one of several moves World has made as it looks to increase deal volume and expand geographically. In late 2024, the firm also acquired Archambault Insurance Associates, a third-generation family-owned agency serving clients in Connecticut, Rhode Island, and Massachusetts. Founded in 1928, Archambault provides personal, commercial, life and health, and surety…

[ad_1] Suite offers lifetime withdrawals, daily roll-ups, and premium bonuses to support retirees [ad_2] Source link

[ad_1] Here’s why some policies can come up short [ad_2] Source link