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2022/ December

Florida’s Temporary Market Stabilization Arrangement Accepted by Fannie Mae and Freddie Mac

Insurance Advocate In The News December 20, 2022

The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) noticed all of its Single-Family Sellers/Servicers with guidance on the acceptance of property insurance policies in Florida, in conjunction with the Florida Office of Insurance Regulation’s (OIR) establishment of the Temporary Market Stabilization Arrangement. The Fannie Mae Lender Letter […]

2022/ December

On NYDFS publishes proposed amendments to Cybersecurity Regulation for covered entities

Insurance Advocate Feature December 20, 2022

The New York Department of Financial Services (NYDFS) has recently published proposed amendments to significantly expand Cybersecurity Requirements for Financial Services Companies under 23 NYCRR 500 (the “NYDFS Cybersecurity Regulation). These developments are happening amid an outbreak of other, largely uncoordinated U.S. government initiatives to further regulate cybersecurity practices.   The proposed amendments would create a new subset of […]

2022/ December

Hagerty Announces 2023 U.S. Bull Market List

Insurance Advocate Industry News December 20, 2022

Hagerty (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider, announced its 2023 U.S. Bull Market list, an annual collection of enthusiast cars and vehicles with the best potential to hold or increase in value in the coming year. In its 6th year, the list is compiled using data from public and […]

November 20

November Cover

Insurance Advocate Covers November 20, 2022

2022/ December

Jewelers Mutual Group Spearheads Movement to Reduce Jewelry Crime

Insurance Advocate In The News November 20, 2022

Jewelers Mutual® Group, the insurance and business solutions provider, dedicated to the jewelry industry since 1913, is leading a movement to curb the rise of jewelry crime in the U.S. and Canada. Partner for Protection is a rallying cry, encouraging jewelers to take collective action against crime by staying vigilant in their jewelry communities and holding themselves accountable to […]

2022/ November 20

One Insurer Views Ian Aftermath

Insurance Advocate Feature November 20, 2022

Centauri’s Preparedness in Claims Management and Client Service Proved Essential for its Insureds Following Hurricane Ian Devastation By the time Hurricane Ian was rated at Category 4 in its attack trajectory toward Florida’s west coast, one insurer had already reflected upon its protocols and its readiness during the expected onslaught, proving that preparedness and financial […]

October 25

Cover

Insurance Advocate Covers October 25, 2022

October 25

Of Fevers and Thermometers: The Coming Florida Insurance Market Gets the Shivers

Insurance Advocate Insurance October 25, 2022

Ian hit Cape Cayo at 155 m.p.h. Wallop. Too late to start thinking. Too late for “feel good” plans. In a flash, first responders and insurers were hit with tidal waves that have yet to subside. But in Ian’s wake, there has been time to reflect for real on the insurance industry’s performance, its readiness […]

October 25

Big ‘I’ and Future One Release 2022 Agency Universe Findings

Insurance Advocate In The Associations October 25, 2022

The number of independent insurance agencies has increased and business conditions for agencies remain favorable, according to the 2022 Agency Universe Study. While the majority of agencies experienced increased revenue, that percentage was lower than in the previous study in 2020. Future One, a collaboration of the Big “I” and leading independent agency companies, has […]

October 25

Jewelers Mutual® Group Adds New Member to Board of Directors

Insurance Advocate company news October 25, 2022

Jewelers Mutual® Group has announced the addition of a new member, Constance Bayne, to its board of directors, effective October 1, 2022. “We are excited to welcome Connie to our board of directors. She brings strong knowledge of both personal and commercial insurance as well as the processes and systems needed to support them,” said […]