Auto Service and Repair Market Detail: Anderson & Murison Inc.’s (www.andersonmurison.com) garage package offers general liability and property coverage for businesses in the automotive industry. A&M has in-house binding authority with multiple A+ Rated markets. Available limits: Maximum $10 million …
After years of writing about the insurance industry, there’s one piece of advice I’ve learned from agents and brokers: Read the entire insurance policy. Donelan Andrews of Georgia did just that and it paid off. Andrews, who has been a …
Pedestrian Fatalities Continue to Rise A new report projects that 6,227 pedestrian fatalities occurred in 2018, the highest number in nearly three decades. Pedestrians will account for 16 percent of all traffic deaths in 2018, compared to 12 percent in …
National Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali has been named Marketing senior vice president for the insurer …
Workers’ compensation brokers frequently overlook a risk-free method to nearly double their commissions while improving their client’s overall financial position. The use of a captive insurance company to finance a large deductible program is one of the most underutilized tools …
3-D Images, Surveillance Video Cameras Help Catch Fakes The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. …
More than 90 percent of U.S. coal-fired power plants that are required to monitor groundwater near their coal ash dumps show unsafe levels of toxic metals, posing potential harm to drinking water, according to a study released by environmental groups. …
The U.S. Food and Drug Administration called on Congress to modernize rules for cosmetics safety after it issued an alert warning consumers not to use three cosmetics products sold by Claire’s Stores Inc. because they tested positive for asbestos, a …
California, a bellwether state in many ways, rang in 2019 with a regulation banning the use of gender in auto insurance underwriting and rating. Prior to this regulation, insurers used gender in California for more than 30 years because it …
Why Agencies Should Rethink Compensation The single largest expense in an insurance agency is compensation. Salaries, commissions, payroll taxes and benefits usually total between 50 percent to 75 percent of revenue, with most firms having an expense ratio around 65 …
