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Florida ends diligent effort rule for surplus lines placements
House Bill 1549 removes these requirements, aiming to simplify the placement process and improve access for consumers. The Florida Surplus Lines Service Office stated that the bill will expand consumer options, cut down on repetitive documentation, and enable quicker placement of coverage in the surplus lines market. Source link
Erie Indemnity publishes first-quarter results
Net income rose year-over-year Source link
Cigna divests medicare assets, eyes health services
Sale proceeds will be used for share repurchases Source link
TMHCC CEO named APIW Insurance Woman of the Year
Her career began as an actuary at AIG before moving into underwriting, where she held senior positions, including president of American Home Assurance Company. She later joined Praetorian Insurance Company, which was acquired by QBE, where she served as president of QBE Specialty and chief actuary for QBE’s Americas division. Before TMHCC, she was president…
Associate in Management: How this insurance credential can advance your career
Earn the Associate in Management to boost your insurance career. See how it enhances leadership skills, job prospects, and sets you apart in the industry Source link
Allstate agent faces lawsuit over lapsed flood policy
The case, Gerald J. Candeloro v. Allstate Insurance Co., et al., involves a dispute between Gerald J. Candeloro and Jason Garoppolo, an Allstate agent and owner of the insurer’s Groton, Connecticut franchise. Candeloro, who owns property in Mystic, Connecticut, had consistently purchased a FEMA flood insurance policy for the property through Allstate since 2000. His…