The UK’s Chartered Insurance Institute (CII) has concluded that the offshoring of business services faces a difficult future, which it anticipates will have a serious impact on the insurance industry. The CII thinkpiece, “Outsourcing: Continued prosperity despite the global economic …
The Louisiana Department of Insurance owes $692,000 for legal fees and other costs in a dispute with the Office of the Legislative Auditor over access to internal documents. Insurance Commissioner Jim Donelon sued the auditor’s office in 2007 in an …
American Community Mutual Insurance Company, headquartered in Livonia, Mich., is now offering Latitude, a small group product that allows employers to customize a health plan, to employers in Nebraska. Sold through independent insurance agents, the new PPO plan for employer …
Beacon Hill Associates Inc. has opened a new regional office in Plano, Texas, and has added Brett Amick as assistant vice president. The company serves agents in Texas, Oklahoma, Louisiana and New Mexico. Beacon Hill describes itself as being experienced …
August 26, 2009 – Kinnelon, NJ – Synergy Professional Associates announces new broadened policy language to their Lawyers Professional Liability Program, which focuses on small hard-to-place law firms. The new policy provides the following coverage enhancements include Loss of Earnings; …
Occupational fatalities in Wyoming decreased 31 percent from 2007 to 2008, the biggest single-year drop since the state Department of Employment started its Census of Fatal Occupational Injuries in 1993. Department senior economist Sara Saulcy attributed the drop to high …
Global insurance broker Willis Group Holdings has named Vic Krauze as president of Willis HRH, its North American retail business. Krauze will retain his current responsibilities as chief operating officer of Willis HRH and will continue to report to Don …
Citigroup Inc., Bank of America Corp. and AIG are forging new employment contracts that let them void compensation agreements if they are challenged by the U.S. government, according to a person familiar with some recent contracts. According to excerpts of …
State Farm is looking to raise coastal homeowners insurance rates in Mississippi an average 45 percent but the state regulator isn’t very receptive to the idea. “I am not going to approve the present filing,” Insurance Commissioner Mike Chaney stated …
Is your independent insurance agency or brokerage firm a great place to work? Insurance Journal is on the search for the best independent insurance agencies and brokerages in the U.S. to work for and we hope you will consider nominating …
