Ohio Department of Insurance Director Mary Jo Hudson has announced her resignation effective Jan. 10, 2011. Her final work day will be Jan. 7. “I am proud of the many changes that we have implemented over the past four years …
In my personal reading and research I’ve come across many books from famous sales and personal performance Guru’s that quote a famous Yale study that extol the virtues of setting goals. I have even quoted this survey to give credence …
The outcome of U.N. climate talks in Mexico this month should boost steps in Asia to curb greenhouse gas emissions, with China a likely bright spot in 2011, a senior analyst at a leading U.S. think tank said. The talks …
Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s when newly appointed CEO Michael Browne — who declared the company’s performance …
Automakers recalled about 20 million vehicles in 2010, led by high-profile recalls by Toyota that prompted new scrutiny of the auto industry’s safety record. The number of recalls this year was the largest in the United States since 2004, according …
Recent research confirms anecdotal data that work-related injuries are far more costly if an injured worker is obese. In fact, a claim with an obese diagnosis can be 30 times to 60 times more expensive than a comparable claim incurred …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has set at 3.8 percent the workers’ compensation interest and discount rate for the first quarter of 2011. This rate is computed by using the treasury constant maturity rate for …
Reinsurance rates for 2011 are falling at the same or greater pace than traditional insurers and further softening of the market is to come, according to two industry reports. For the second year in a row, global reinsurance property catastrophe …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes Allianz Global Risk US Insurance Company, Allianz Underwriters Insurance Company, …
The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the region and one that didn’t do as much harm as feared. The April 20 blowout of BP’s Macondo well while …
