Features

10 Things to Know About Charitable Giving

Americans gave $335.17 billion to charities in 2013, a 4.4 percent increase from 2011. – National Philanthropic Trust Individuals were the largest source of charitable giving in 2013 ($241.32 billion or 72 percent of total giving), the average annual household …

Micro Lending in the U.S.

While microfinance is largely associated with developing nations, microfinance in the United States has been around since the 1980s, according to a 2011 report, “American Offshoots: Will Microfinance Ever Really Take Root in the U.S.?,” published by the Wharton School …

Making Giving Work: How to Get the Most From Charitable Donations

Most companies want to support charitable and civic organizations and causes. At the same time, the stream of donation requests can be overwhelming, particularly because no one likes saying no. Plus, the pressure comes from all sides – customers, politicians, …

Praeger: Insurance Industry in Kansas Grew by $6B During Tenure

Outgoing Kansas Insurance Commissioner Sandy Praeger says the insurance industry has grown from an $11 billion industry to a $17 billion one during the time she has been in office. Praeger, who chose not to run for re-election this year, …

MyNewMarkets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Alarm Companies Market Detail: AMIS Alliance Marketing and Insurance Services offers general and professional liability coverages including: bodily injury; personal injury; …

Minnesota Archdiocese Sues Insurance Companies for Coverage

The Archdiocese of St. Paul and Minneapolis in Minnesota said it is suing some 20 insurance companies to try to force them to cover its liabilities for clergy sex abuse claims. The complaint, filed in federal court, says the carriers …

Do You Need an Agency Manager?

Congratulations! You are an excellent salesperson and your business is growing. You first hired a customer service representative (CSR) to support you as you added new business. You might have brought on a part-time bookkeeper. Sales continued to grow. Next, …

Former Agency Owner Standridge Sentenced to Prison in Arkansas

A Mount Ida, Ark., man has been sentenced to five years in prison for money laundering and wire fraud. Federal prosecutors say 58-year-old Steven Alan Standridge was sentenced in U.S. District Court in Hot Springs. Standridge was the founder of …

P/C Direct Premium Written Up 4.6 Percent

Direct premium written (DPW) for property/casualty insurance companies continues to increase gradually. At year-end 2013, nearly $545 billion of DPW was reported, a record-high for the industry. For 2013, total DPW for all P/C insurers increased 4.1 percent over 2012, …

Louisiana Citizens Insurance Policy Count Down 50% from All-Time High

Louisiana Insurance Commissioner Donelon announced that the total policy count for Citizens Property Insurance Corp. (Citizens), the state’s property insurer of last resort, has dropped by 50 percent from its all-time high in 2008. With this eighth round of the …

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