Auto arson reportedly forces consumers to pay increased insurance premiums and strains limited law enforcement resources. In an effort to heighten awareness of auto arson, the National Association of Independent Insurers (NAII), in conjunction with the South Carolina Farm Bureau …
Arthur J. Gallagher & Co. announced the acquisition of National Insurance Professionals Corporation of Poulsbo, Washington. Founded in 1976, National Insurance Professionals Corporation is an insurance wholesaler and program manager specializing in property/ casualty placements on behalf of independent agents …
For the third consecutive year, rating downgrades outpaced upgrades in the property/casualty marketplace, according to a special report released by A.M. Best Co. The continuing trend of rating downgrades reportedly illustrates the enduring adverse development of prior accident-year loss reserves, …
ISU International announced two new firms joined their network of independent agencies in October: · ISU Insurance Services – CPI Risk Management of Corona, Calif. and · ISU Insurance Services – TPGI Brokers of Camarillo, Calif. Dean Marques, ISU Insurance …
A Thursday morning fire last week in a storage warehouse filled with thousands of bales of cotton at the South Limestone County Coop in Belle Mina, Alabama has reportedly been traced to electrical wiring directly above the stored bales. Estimates …
The Texas Department of Insurance scheduled a public hearing on Nov. 13 to consider proposed amendments to rules concerning underwriting based on mold and water-related claims. According to the TDI announcement, the insurance commissioner will hear testimony on Docket No. …
Oklahoma Insurance Commissioner Carroll Fisher announced that Arizona officials credited an investigator from the Oklahoma Insurance Department with cracking a case involving the sales of fake bonds across the nation. The bonds were being sold from Arizona but some ended …
Donald A. Friedman has been named president of the Professional Liability Agents Network (PLAN). PLAN is a national nonprofit organization of insurance agencies specializing in risk management and loss prevention programs for architects, engineers and environmental consultants. Friedman was formally …
You would think that after several centuries in business, insurers would have a better handle on public relations. Apparently they still believe the sledgehammer approach is effective. And then they are surprised when some, most or all members of the …
Anyone whose life is touched by Employee Benefits—employers, employees, and brokers—has been forced to deal with a tremendous amount of change in the last few years. Group health insurance premiums are increasing across the country at a rate of 14-20 …
