According to the Institute for Business and Home Safety (IBHS), approximately 25 percent of businesses do not reopen following a major disaster. They also report that “the largest losses to business come in years after the disaster and not from …
Hub International, Maple Leaf Insurance Chicago-based Hub International Ltd. announced that its Transportation Insurance operating unit acquired the retail book of business from Maple Leaf Insurance Agency Inc., a Bremerton, Wash.-based brokerage firm that serves trucking companies throughout the United …
There is a quote from Warren Buffet that I want to put on my wall and send to all my colleagues: “Price is what you pay. Value is what you get.” Agents, brokers and underwriters should heed Mr. Buffet’s advice. …
A study by San Diego, Calif.-based DriveCam Inc., a global driver risk management company, shows that collisions and near collisions involving long haul trucks peak in July and remain high through the month of November. Collision rates are typically much …
Concerns About Claims “I have a concern that BP is stalling claims. Yes, BP is stalling. I doubt they are stalling for money. It’s not that. I just don’t think they know the answers to the questions (by claimants).” —Kenneth …
Worcester, Mass.-based The Hanover Insurance Group Inc. has closed on an agreement with ICW Group that is designed to enhance The Hanover’s surety capabilities in the West, including Arizona, California, Colorado, Oregon, Texas and Washington. The Hanover has hired 20 …
Risky Behavior Affects Coverage for Movie Productions, Too In all the commotion of Lindsay Lohan’s fall from grace, little attention has been paid to the impact her risky behavior will have on her insurance – auto, home, life, health, and …
A study by San Diego, Calif.-based DriveCam Inc., a global driver risk management company, shows that collisions and near collisions involving long haul trucks peak in July and remain high through the month of November. Collision rates are typically much …
Since the launch of the TexasSure auto insurance verification program two years ago, the number of uninsured vehicles on Texas roads has declined, the Texas Department of Insurance reports. The TexasSure electronic database has been available to all 254 Texas …
Eighty percent of employees who were victims of insults or bullying in the workplace lost valuable work time worrying about the incident. Another Business ‘Golden Rule’ It’s one of the golden rules of customer service: Never be rude to a …
