Missteps in Employee Hiring Costly for Agencies: MarshBerry November 25, 2013 By Megan Bosma For most lines of insurance business, commission income is growing and most insurance agents and brokers expect profits to be...
Scientists Say Asteroids Pose Serious Threat… But Don’t Panic November 22, 2013 By Bloomberg Editors On Feb. 15, a 13,000-ton rock plunged through the skies above Chelyabinsk, Russia. It shone 30 times brighter than the...
In Connecticut, Number of Insurance Sector Employees Fell Slightly in 2012: Report November 21, 2013 A report this month from Connecticut’s Insurance & Financial Services (IFS) Cluster and PwC shows there was a slight decline...
World Falling Behind in Race to Cut Carbon Emissions: Study November 20, 2013 The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals...
Workers’ Compensation Results Improved in 2012 November 19, 2013 The workers’ compensation industry’s results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and...
Scientists Develop Breakthrough Computer Forecasting Models for Wildfires November 18, 2013 Scientists have developed a new computer modeling technique that offers the promise, for the first time, of producing continually updated...
Philippine Typhoon Haiyan’s Cost to Insurers Estimated at $300-$700 Million: AIR November 17, 2013 By Lindsey Rupp Super Typhoon Haiyan, one of the strongest storms to hit land, may cost insurers as much as $700 million in...
Insurers Weigh Forming Captive to Insure Customers of Bankrupt Futures Brokers November 17, 2013 Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of...
New Insurance Fraud Research Study Finds Changes in Virginians’ Attitudes November 15, 2013 The Insurance Fraud Program of the Virginia State Police recently completed a state-wide research project on Virginians’ attitudes regarding insurance...
Big ‘I’ 2013 Best Practices Study Finds Increases in Specializations, Profitability November 15, 2013 The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) released its 2013 Best Practices Study which...