Monthly Archives: <span>August 2010</span>

Pronto Insurance Named One of Top 26 Franchises for Hispanics

Auto insurance provider Pronto Insurance, headquartered in Brownsville, Texas, has been selected as one of Oakland, Calif.-based World Franchising Network’s (WFN) Top 26 Franchises for Hispanics for 2010. The annual list of the Top 26 Franchises for Hispanics (formally “Top …

$25M Fund to Help Louisiana Businesses Recover from Storms

Louisiana has started a $25 million program to help businesses still trying to recover from the four major hurricanes of recent years. Grants of up to $2.5 million will be available to community-based or nonprofit organizations to deliver loans or …

July’s Catastrophes Cause Widespread Losses Globally: Aon Benfield

Floods in Pakistan and China have taken thousands of lives and damaged hundreds of thousands of homes, according to a new report on catastrophic events in July by a reinsurance team. A European heatwave, wildfires in Russia and heavy rains …

Research Warns Spill Damage to Gulf Homes Could Reach $28 Billion

The British Petroleum, DeepWater Horizon oil spill may result in a loss in home value in Gulf coast communities of $648 million over one year, according to a new report from CoreLogic, a provider of information, analytics and business services. …

Distinguishing the best from the rest

We have covered Pareto’s 80/20 rule and discussed how often it applies to not only sales, but in many other areas of our business and our lives. Thank you all for your comments and posts. We discussed the practical application …

Michigan Court Says Teachers Have Right to Sue Over Discipline

The Michigan Supreme Court says Lansing teachers had standing to sue the school district over how it disciplined students accused of assault. The decision overturns previous rulings that had restricted access to Michigan’s courts and could open the courts to …

New Jersey Agent Pleads Guilty to $300K in Thefts

A New Jersey insurance broker has pleaded guilty to stealing more than $300,000 in premium payments from his clients, according to the state’s attorney general. Under a plea agreement with prosecutors, the state will recommend a five-year prison sentence for …

Builders Insurance Group in Atlanta Hires CFO

Builders Insurance Group, of Atlanta, announced that Owen J. Dwoskin, CPA, will assume the post of chief financial officer. Dwoskin will be responsible for financial reporting and record-keeping, asset management, financial modeling and forecasting. Dwoskin spent 14 years with KPMG, …

Schmidt Named CEO for Catlin Europe Reinsurance, New Switzerland Unit

Specialty insurer and reinsurer Catlin Group Limited has appointed Peter Schmidt as chief executive officer for European Reinsurance. He will also serve as CEO of Catlin Re Switzerland, which subject to regulatory approval will begin writing specialty classes of reinsurance …

Tennessee Opens Driver Reinstatement Center

The Tennessee Department of Safety is opening a new driver service center for reinstatement assistance in Memphis’ Shelby County on Monday. The center at 2516 Mt. Moriah Road is for the reinstatement of driving privileges; no driver licenses will be …