The commercial insurance marketplace cannot effectively price and underwrite terrorism coverage because there still is no effective modeling, so any long-term solution to the terrorism risk coverage must involve the federal government, in the opinion of U.S. commercial insurance brokers. …
In the next four years, the number of workers 55 years or older will increase 32 percent. To help employers understand and respond to that trend, California State Compensation Insurance Fund’s Santa Ana district office has scheduled a free seminar, …
An English company has bought the assets of Mutual of Omaha’s water purification subsidiary, the Omaha company said this week. Waterlogic International Ltd. of London, which makes and sells water distilling equipment, is acquiring innowave inc. Terms were not disclosed. …
A bill authored by Senator Susan Paddack, an Ada Democrat, that will give Oklahoma families a tax credit for rebuilding their homes that were destroyed or damaged by the recent wildfires won the approval of the full Senate today. HB …
G.J. Sullivan’s Excess & Surplus Lines Personal Products Division has launched a new technology product that aims to provide online quotes in just 30 seconds. The Online Quick Rater is specially designed for the Personal Umbrella and Comprehensive Personal Liability …
Trident Insurance Services, LLC, a wholly owned subsidiary of Argonaut Group Inc., entered into a strategic agreement with Vaaler Insurance to be its exclusive program manager for writing public schools in the state of Minnesota. Trident’s public school program targets …
St. Louis, Mo.-based The Shield Insurance, a preferred homeowners and auto insurance program designed exclusively for police, firefighters and EMS, now offers a new online application. Stuckey and Company’s CEO, Dwight Stuckey, says, “We believe that this will help eligible …
Trying to slow the growing health care costs of diabetes, the University of Michigan said this week that it will provide most diabetes medicines free to insured employees and their families who need the drugs. The program, a two-year experiment, …
Florida’s Consumer Services representatives held a meeting April 21 with officials of the Tampa, Fla.-based Poe Insurance Group to discuss how to reduce the number of consumer complaints about the firm and its subsidiaries, Atlantic Preferred Insurance Company, Southern Family …
A 30-country poll finds large majorities in all countries believe climate change is a serious problem. No country has more than one in five saying it is not a serious problem. The poll of 33,237 people from all major regions …
