In a one-year period, the cost of medical care and productivity losses associated with injuries from motor vehicle crashes exceeded $99 billion – with the cost of direct medical care accounting for $17 billion. A new study by the Centers …
San Diego-based BB&T-John Burnham Insurance Services has announced that Jim Williams has joined the agency as vice president. Williams will specialize in commercial insurance with an emphasis in construction. The 20-year industry veteran will handle new business generation for the …
The Texas Windstorm Insurance Association recently filed for 5 percent increases in both its residential and commercial rates, effective Jan. 1, 2011. While indications are those hikes won’t bring the rates for the state’s coastal insurer of last resort up …
Warren Buffett’s Berkshire Hathaway Inc. announced plans to buy the 19.9 percent it does not own of Wesco Financial Corp., a company run by Berkshire Vice Chairman Charlie Munger, in a transaction now valued at about $514 million. Wesco shares …
Man’s best friends could enjoy greater health care protections under a bill approved by the California Assembly. Companies that insure veterinary care for cats, dogs and other animal companions would have to provide more information about what level of care …
The U.S. National Hurricane Center is reporting that Hurricane Danielle is still a category two hurricane, with sustained winds of 105 miles per hour, and that it is expected to strengthen somewhat in the next 24 hours. As of early …
Insurance broker and risk adviser Marsh has appointed John Johnson as Construction Practice leader for its Midwest West Partnership. In his new role, Johnson is responsible for new business growth and client service for the construction industry in the West …
First-half 2010 operating profits declined for most publicly traded property/casualty insurance companies that Fitch Rating follows, according to a new report. However, the $16.2 billion of aggregate net earnings reported by these companies represents a substantial improvement versus the prior …
Beacon Hill Associates Inc. has hired Allison McGreal as assistant vice president in the Underwriting division to open a new office in Denver office. The location and the addition of McGreal is designed to enable Beacon Hill to take advantage …
The Oklahoma Supreme Court has overturned a state law intended to raise revenue for the state’s Medicaid program. The ruling posted on the court’s Web site said the measure violates the state Constitution. It comes a day after justices heard …
