Steve Sheffey, counsel for Allstate Insurance Company, told insurance regulators April 24 in Scottsdale, Ariz., that they need to keep pace with gains in the technology field by forming regulations that reflect consumers’ ability to make the most of the …
Naysayers and the prophets of doom and gloom aside, the powerful economy of the Lone Star State is not likely to fade anytime soon. In fact, just the opposite is more probable. And that is clearly good news for the …
I visited Liberty Mutual’s website recently and read information about the company’s plans to form a mutual holding company. It sounds like a great deal for policyholders: a more efficiently organized, flexible, stronger and more competitive company. Funny, the website …
No one has ever accused American International Group (AIG) CEO, Maurice “Hank” Greenberg, of thinking small or being timid. He reinforced his reputation April 3 with a letter to American General CEO Robert Devlin that began “Dear Bob,” and went …
There may be a strong parallel between learning to ride a motorcycle and insuring motorcycle operators. For the beginning rider, the first 90 days of vehicle ownership can be an especially risky period for crashes. Similarly, novices jumping into the …
With summer just around the corner; nearby lakes and rivers are being overrun with boats and personal watercraft. The boating and watercraft business in the United States has grown into a major industry, and it shows no signs of slowing. …
U.S. property/casualty insurers will pay homeowners and businesses in Texas $65 million for insured property losses from catastrophic events in the first quarter of this year. Only Washington and Mississippi incurred larger losses. The payout is part $705 million for …
More than 600 independent insurance agents will take over the nation’s capital for several days this week as the 25th Annual National Legislative Conference convenes May 2-4 at the Grand Hyatt Hotel in Washington, D.C. Slated to address the Independent …
The Texas workers’ compensation system faces a serious threat if the state legislature does not act to fix a loophole that allows employers to opt out of the system while requiring their employees to waive the right to sue over …
Aon Corporation announced April 20 it was spinning off its underwriting businesses for its common stockholders, forming two separate, publicly traded companies in the process. The spin-off will take the shape of a tax-free stock dividend to Aon’s common stockholders, …
