May 18, 2010
Allstate Insurance Co. announced it is seeking dozens of agents in California. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and represent Allstate in California,” said Sales …
May 17, 2010
Security Planning, CSIPros Salt Lake City-based Security Planning & Insurance Corp., an insurance carrier in the childcare industry, launched Charter School Insurance Professionals (CSIPros), an insurance company to focus exclusively on providing whole-package insurance to charter schools nationwide. According to …
May 10, 2010
Warren Buffett’s Berkshire Hathaway Inc. Friday reported its largest quarterly profit since 2007, helped by an improving economy, investment and derivative gains, and the takeover of Burlington Northern Santa Fe Corp. First-quarter net income was $3.63 billion, or $2,272 per …
May 3, 2010
No Policy Dumping “I don’t think you should be able to dump these policies because it harms your profit.” —Louisiana State Sen. Elbert Guillory, D-Opelousas, comments on a bill prohibiting insurance companies from dropping coverage for homes or businesses that …
May 3, 2010
Low reimbursements from public health insurance programs, such as Medicare and Medicaid, have prompted hospitals to shift costs to automobile insurance companies – raising auto injury claim costs and forcing auto insurers to more closely scrutinize and negotiate hospital bills …
May 3, 2010
Flood Lapse “These short putts down a long fairway set a dangerous precedent that leaves homeowners vulnerable.” —David A. Sampson, president and CEO of the Property Casualty Insurers Association of America, commenting on yet another temporary extension of the National …
May 3, 2010
The company had ‘demonstrated to the Director that it has implemented operational changes necessary to improve its business practices.’ The Missouri Department of Insurance has lifted its restrictions on the Chicago-based auto insurer, Universal Casualty Co., allowing it to start …
April 29, 2010
Allstate Insurance Co. has sannounced it is looking to appoint 51 exclusive agency owners in Colorado in 2010. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and …
April 23, 2010
Fraud bills are blooming like azalea bushes around the East this spring, and statehouses are rife with upside potential for substantive new fraud laws in 2010. This counters the recent logic that many state lawmakers are too busy trying to …
April 22, 2010
Low reimbursements from public health insurance programs, such as Medicare and Medicaid, have prompted hospitals to shift costs to automobile insurance companies—raising auto injury claim costs and forcing auto insurers to more closely scrutinize and negotiate hospital bills prior to …