Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs — those big dogs being the banks, the large public brokers and the regional …
Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had offered for sale at a fraction of that amount. The cause of the March 11 fire that destroyed the 100-year-old …
Costco Executive Business Members in Washington will be able to purchase and administer employee benefits insurance online. Concero Technology, a Portland, Ore.-based provider of employee benefits insurance portals, announced that it has expanded the wholesaler giants’ healthcare packages. Costco Wholesale …
With the exception of a few notorious hotspots, rates for stand-alone terrorism insurance have dropped by 40 to 50 percent since 2002, according to Aon’s Crisis Management division. The reductions have been driven by a steady growth in capacity coupled …
A judge approved a $2.65 billion class-action settlement of claims that ad revenue was counted in a fraudulent manner prior to the merger of America Online and Time Warner. U.S. District Judge Shirley Wohl Kram signed a ruling approving the …
Washington State approved its first fraud bureau and added a fraud prosecutor. Gov. Christine Gregoire signed SB 6234 into law in late March. The measure decisively passed the state House and Senate earlier this winter. Washington joins the mainstream of …
Major changes in the insurance field have triggered a dramatic weeding out of this country’s sales force. Five years from now, many of you will no longer be in the insurance business. To succeed in the industry, you cannot be …
The Association of California Insurance Companies warned insurers that the state’s Legislature would consider a bill to establish a hidden, multi-million dollar tax on Californians to publicly fund campaigns of unknown candidates. Jeff Fuller, ACIC’s executive vice president and general …
The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law, which shall be the same in all States — not reciprocal, but identical; not retaliatory, but uniform. That statement …
The Hartford Financial Services Group Inc., a workers’ compensation insurance provider, will team up with BC Life & Health Insurance Co., an affiliate of Blue Cross of California to allow The Hartford’s workers’ compensation clients in California access to Blue …
