May 19, 2014
Insurance policies often include a category of insureds other than the named insureds, commonly referred to as “additional insureds.” This typically occurs in one of two ways. First, pursuant to a named insured’s request, an insurance company may permit specific …
May 19, 2014
Some independent agents imagine that they are involved in an eternal sales conflict. Their mortal enemies include the large national insurance marketers, area captive agents, plus a wide swath of local, regional, and digital competitors. This battle-vision hardens their resolve …
May 19, 2014
Hot As … “Early in the season, especially as the temperatures spike, all workers, regardless of fitness, should be given the opportunity to acclimatize to handle heat stress and prevent serious injuries from heat illness.” —In an announcement that came …
May 19, 2014
Eastern Insurance, Smith Buckley & Hunt Eastern Insurance Group has acquired Smith Buckley & Hunt, an insurance agency based in Brockton, Mass. Smith Buckley & Hunt was founded in 1875, and the Smith Family has owned the agency since 1922. …
May 19, 2014
Facebook wants companies to pay up. In the past few years, major social media platforms such as Facebook, Twitter, and LinkedIn have started pushing businesses toward promoted posts, paid advertisements, and sponsored accounts. Yet companies have continued to rely mostly …
May 19, 2014
Matthew Letson, incoming president of the American Association of Managing General Agents (AAMGA), found the insurance industry like most do – by accident. After college, he landed a job at Markel doing marketing research in 1991. From there he moved …
May 19, 2014
The workers’ compensation market is returning to a state of “balance.” That’s according to this year’s state of the industry address at NCCI’s annual symposium where analysts reported that the workers’ compensation combined ratio rang in at 101 in 2013, …
May 19, 2014
FrankCrum, a national professional employer organization, added Rodney Vaughn as broker manager, responsible for increasing the company’s presence in Texas, and forging relationships with insurance agents and brokers. Florida-based FrankCrum offers workers’ compensation insurance, payroll, human resources solutions and benefits …
May 19, 2014
The estimate of insured losses from an April 3 hail and wind storm in Denton, Texas, and nearby cities has risen. The Insurance Council of Texas now estimates that the amount of insured losses will be $500 million rather than …
May 19, 2014
National Weather Service officials said a tornado that killed 15 people as it ripped through Little Rock’s suburbs in late April was just shy of being rated Arkansas’ first top-of-the-scale storm in 85 years. A survey team said based on …