December 4, 2017
A recent online survey of 1,000 U.S. individuals uncovered that the majority (87 percent) are concerned about a natural disaster striking their area but very few have taken action to protect themselves from being uninsured or underinsured. Of those that …
December 4, 2017
The North Carolina Rate Bureau has filed notice with the N.C. Department of Insurance to request a statewide average increase in homeowners insurance rates of 18.7 percent for 2018, according to Insurance Commissioner Mike Causey. The N.C. Rate Bureau represents …
December 4, 2017
Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter of 2017 (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to broker Marsh’s Global Insurance …
December 4, 2017
Nearly a quarter (23 percent) of America’s small business owners believe workers’ compensation carriers could improve their customer service if they offered more online or self-service tools. Better communication and faster claims resolution also topped the list of small businesses’ …
December 4, 2017
Hub, Wells Fargo Global insurance broker Hub International Ltd. has agreed to acquire the assets of the crop insurance broker business of Wells Fargo Insurance. Terms of the agreement to buy the business, known as Wells Fargo Crop Insurance Agency, …
December 4, 2017
Federal safety investigators say a sleep-deprived driver and a bus company with a poor safety record were causes of an August 2016 crash in California’s Central Valley that killed four passengers and injured 20 others, including the driver. The National …
December 4, 2017
Special Events Liability & Events Cancellation Insurance Market Detail: Midlands Management Corp.’s (www.midlandsmgt.com) program highlights include: limits from $100,000 per occurrence/$200,000 aggregate up to $1 million per occurrence/$2 million aggregate; facility as additional insured at no extra cost; liquor liability …
December 4, 2017
Researchers say the ZIP code containing the highest number of registered hobbyist drone users in the country is in Las Vegas. Drone researchers at Bard College in New York analyzed data from the Federal Aviation Administration, finding the 89117 ZIP …
December 4, 2017
Since 2015, the Arkansas Insurance Department has saved $784,516 in personnel costs, the state agency reported. The savings are attributed to departmental efficiencies implemented by Insurance Commissioner Allen Kerr who was installed as head of the department that year. In …
December 4, 2017
Woodruff-Sawyer & Co. has named Brendan Williams its Southern California practice leader. Williams will be assuming leadership of the Southern California region in early 2018 upon the retirement of Ron Packouz, founder and current practice leader in the region. He …