No country has as many lawyers as the United States – more than 152,000 in California alone – three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to …
Today, there are plenty of deals where the owners of an agency sell to an outside party, such as another local agency, a large national firm or a bank. On average, most former agency owners last about two years working …
In a step to overhaul the current state of insurance regulation, Reps. Ginny Brown-Waite, R-Fla., and Dennis Moore, D-Kan., have introduced legislation that would mandate states to establish a uniform system of regulation for the surplus lines industry. The new …
Are your clients willing to risk the loss of their liquor license, their business, and perhaps even their home and other personal assets? That’s what’s at stake when the owner of a business that serves alcoholic beverages fails to carry …
As the construction industry in the United States continues to rise at a rapid pace, artisan contractors increasingly represent a vital part of this industry’s growth. However, due to the fact that most artisans are self-employed, finding adequate insurance at …
A workers’ compensation insurer does not have a claim against a bankrupt business for unpaid premiums under bankruptcy law, according to the U.S. Supreme Court that insurers are warning could disrupt the insurance marketplace unless Congress acts to reverse it. …
A new captain has taken the wheel at Drive Insurance, the independent agency division of the Ohio-based Progressive Corporation, with the recent appointment of John A. Barbagallo as the president. Barbagallo is no stranger to how Progressive runs its operations. …
A new era demands new approaches including a federal charter and a national plan for addressing disaster insurance issues As the most expensive natural disaster in U.S. history, Hurricane Katrina raised serious questions about the capacity of today’s insurance industry …
When it comes to life in America, our homes, like our cars, will never go out of favor. New home building and older home remodeling and fix-ups have become a mainstay of the American economy, especially at the high end. …
California is considering imposing a law that would require drivers to keep both hands on the steering wheel — not on their cell phones — while driving. Sen. Joe Simitian, D-Palo Alto, introduced a measure to ban the use of …
