Content from Andrew Simpson
With Premium Refunds in Process, Criticism of Flood Insurance Program Ebbs
Insurance agent, insurance carrier and real estate lobbyists praised federal regulators in charge of the National Flood Insurance Program (NFIP) last week on Capitol Hill, agreeing that the process ...
NAIC Explores Revamp of How it Conducts Business
The national organization for state insurance regulators, which has been telling federal and international regulators how they should govern the industry, has decided to engage a consultant to audit ...
House Opposes Boost in Truckers’ Minimum Insurance Limits
The House of Representatives voted narrowly this week voted to block the federal government from raising the minimum liability insurance limits for truckers as recommended recently by the regulatory ...
Sunshine State Insurance Co.’s Fate Unclear After M&A Deal Collapses
The future of Florida's Sunshine State Insurance Co. (SSIC) is unclear now that a deal by another insurer to rescue it has fallen through. United Insurance Holdings Corp. (UPC Insurance Co.) ...
Has Online Shopping for Auto Insurance Peaked?
Shopping over the internet for auto insurance is down for the second year in a row, says a survey by a company that tracks the behavior of consumers with credit history. The latest TransUnion Auto ...
Motorists Mutual to Acquire Southeast, Midwest Insurer
Ohio-based Motorists Mutual Insurance Co. has agreed to buy the stock of Consumers Insurance USA, which is based in Murfreesboro, Tenn. Consumers Insurance will become a wholly owned subsidiary of ...
Smarten Up: 7 Steps to Reaching Today’s Insurance Consumers
Personal lines insurance customers are changing. More consumers are bundling home and auto insurance; more than one-third of young adults live with their parents; and drivers are much more open to ...
FIO Seeks Comments on Auto Insurance Affordability
On April 10, the Federal Insurance Office, citing its authority under the Dodd-Frank act to monitor whether underserved communities have access to affordable insurance, posted a request for comments ...