Dry conditions this year and heavy moisture last year could combine to make Arizona’s imminent wildfire season the most devastating yet, experts told Arizona Gov. Janet Napolitano at a roundtable discussion. Wildland fire experts expect them to occur in both …
Hallmark, Texas General Agency Hallmark Financial Services Inc. completed its previously disclosed acquisition of Texas General Agency Inc. and certain affiliates. TGA is a managing general agency involved in the marketing and servicing of property and casualty insurance products, with …
Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …
Agents allege red-lining by ANPAC in Texas court case A group of agents recently won a round in a Texas court in their fight to have documents released. Deemed “trade secrets” by American National Property & Casualty Co., they were …
In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time a policy is written and to pay that value to the insured when there is a total loss. As is …
The ruling accurately determined that an employer’s duty to provide a safe workplace is limited to employees and does not extend to others such as spouses. While shopping for turkey last Thanksgiving, it would have been good to pause and …
Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health & Welfare clients, expansion of product lines …
The risk to nonprofits may actually exceed that facing for-profits because nonprofits may have smaller budgets, less financial and legal help, and undefined employment practices. As they face pressure to do more with less, nonprofit organizations are increasingly modeling some …
NEW HIRE TRAINING Discover the ‘missing ingredient’ ‘VALUED PROPERTY’ COVERAGE La., Miss. statutes to be tested CLOSER LOOK: Nonprofit insurers LOUISIANA’S ROBERT WOOLEY On hurricanes and the state’s insurance future
