| Insurance Agency in St. Lucie West, FL Earns National Designation
Post Insurance is a local insurance agency serving St. Lucie County since 1979. They are a team of professionals who understand the complexities of insurance but explain it to customers in 'plain old English.' They insure all homes including: condos, townhouses, waterfront homes, seasonal homes, secondary homes, vacant homes and rental properties. They also offer auto insurance, business insurance, and life insurance. The agency is open from Monday through Friday, 8:30 - 5:00, but customers can request quotes 24/7 on their website at www.InsurewithPost.com. St. Lucie West, FL (PRWEB) August 12, 2009 -- Post Insurance & Financial, Inc. is an insurance agency serving Port St. Lucie for nearly 3 decades. They recently earned the national designation of Trusted Choice®. The designation is an elite program recognizing top insurance agencies in the country.
Insurance and risk concept
The insurance is refers to the policy holder to act according to the contract agreement, pays the insurance premium to the insurer, the insurer possibly has the property damage which regarding the contract agreement because the accident which it occurs creates to undertake the compensation insurance money responsibility, or, when the insured dies, the disability and achieves the contract agreement the age, the deadline undertakes pays the insurance money responsibility the business insurance behavior. Looking from the legal angle, the insurance is one kind of contract behavior. The policy holder pays the insurance premium to the insurer, the insurer when the insured has the contract provision loss gives the compensation. On the surface looked that the insurance and gambling have many similarities, if is take the random event as the foundation, possibly obtains the big repayment by the small disbursement, but in fact, the two existence essence difference.
Auto insurance firm fined $200K for slow service
ELK GROVE VILLAGE, Ill. (STNG) -- An northwest suburban-based auto insurance company must pay $200,000 and resolve hundreds of consumer complaints after the state Department of Insurance found it was not addressing and investigating customer claims promptly. The Illinois Department of Insurance issued an order on Tuesday against Universal Casualty Co. -- based in Elk Grove Village and doing business in Illinois, Indiana and Missouri -- to pay a $200,000 fine and correct its claims processes immediately, according to a release from the department. This is not the first time the state has issued an order against UCC. In January 2008, it was ordered to create and maintain improved claims investigation and resolution procedures. DOI continued, however, to receive complaints about failure to address or resolve property damage and liability claims.
Spring storms cut into United Insurance profit
United Insurance Holdings Corp. reported net income of $2.8 million, or 27 cents a share, for the second quarter ended June 30, compared to net income of $9.2 million, or 78 cents a share, for the same period last year. New business and improved policy retention boosted revenue, with total revenue of $26.3 million for the second quarter of 2009, compared to $24.9 million in the year-ago period. But losses and loss adjustment expense also increased in the second quarter to $11.5 million, compared to $5.3 million a year earlier. The increase in losses and loss adjustment expenses primarily was due to a few large, non-routine fire losses that occurred in the second quarter and an increase in roof-damage claims that resulted from afternoon thunderstorm activity that occurred in May and June, a release from United said.
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