Markel Programs has partnered with Whorton Insurance Services, Inc., a managing general agency, to offer immediate availability of a multi-line admitted program for independent mobile food vendors through Markel’s network of appointed retail agents. Coverages available include general liability, auto, …
Growing concerns over worldwide terrorism have caused some professionals to refuse going on business trips. Half of all respondents to a new survey reported they would refuse a business trip because of concerns related to terrorism (28 percent) and political …
Workers’ compensation continued to worsen in 2010 as the combined ratio jumped five points to 115 in 2010 from 2009. In its State of the Line workers compensation market analysis, NCCI Holdings Inc. described the workers’ compensation line of business …
Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation’s flood insurance system. The conflict began last year when State Farm dropped …
Whistleblower protections in a federal accounting law do not cover leaks to the media, a U.S. appeals court has ruled, dealing a blow to two former Boeing auditors who had sued the company. Nicholas Tides and Matthew Neumann were fired …
The financial crisis has raised the expectations that executives in the C-suite have of their risk managers to be leaders within their organizations. These top executuves want their risk managers to take a more active role in integrating enterprise-wide risk …
Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a sixth Brooke executive have not been settled. The …
Tax-related regulations and concerns over health care burden many small business owners today. Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health insurance mandates challenging, according to the Travelers Institute’s …
Commercial property/casualty pricing declined again with an average decline 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down. The market showed signs that the commercial …
In a renewed attack against President Barack Obama’s healthcare overhaul program, House Republicans voted Tuesday to deny funding for a central element of the law that sets up marketplaces for people to shop for health insurance coverage. The bill passed …
