California’s Assembly Insurance Committee has passed Assembly Bill 2956 by a vote of 7-0, moving one step closer to codifying the traditional “totality of the circumstances” test for determining whether an insurance professional is acting as a broker or as …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …
Woodruff-Sawyer and Co., ranked #16 in the Insurance Journal Top 100 Independent Agencies, continues to grow, handling complex commercial risks here in the U.S. and in foreign countries. Since the agency’s founding 90 years ago, it has kept things simple …
A subsidiary of Brown & Brown Inc. has acquired the assets of Nathan Stone Insurance Agency Inc. of Encino, Calif. Nathan Stone Insurance Agency Inc. d/b/a Stone, Harris & Stone, with annualized revenues of approximately $3 million, is a retail …
The insurance industry is preparing to build a state-of-the-art applied research facility that promises to use science and technology to expand capabilities to create more durable homes and businesses and reduce the costs of natural disasters. The Institute for Business …
Catherine recently attended a CIC Ruble seminar on Sales & Marketing in San Diego, Calif. The instructors were all very good and their information was timely and useful. We thought we should highlight the great sales and marketing ideas for …
M.J. Hall and Company Inc., a managing general agent and surplus lines wholesaler based in Stockton, Calif., opened an office in Plano, Texas, and named Brett Amick as vice president and branch manager. Amick and his team collectively have more …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Human Services Nuts & Bolts: Travis Pederesen and Associates is offering general liability, professional, umbrella, …
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …
You don’t have to be involved in the property/casualty insurance industry long to become acquainted with the many studies that are released each year on rating systems, from both consumer and industry groups. The Consumer Federation of America (CFA) recently …
