In 2002-2003, gross domestic product continued to rise nationwide, while growth in employment remained slow to recover. Small businesses continued to be a source of economic strength. According to the Small Business Administration’s Office of Advocacy, about half of the …
Twenty-one delegates from the Independent Insurance Agents of Texas, including all IIAT officers, are scheduled to attend the Independent Insurance Agents & Brokers of America’s (IIABA) National Legislative Conference in Washington, D.C., April 21 – 23, 2004. According to the …
Spring is here and with it comes unstable weather conditions that can cause problems for consumers and agents alike in the South Central region of the United States. As if ushering in the season, insurers and insurance organizations are busy …
Nuts & Bolts: A new package of insurance policies from the Chubb Group of Insurance Companies can help community banks minimize coverage gaps through an integrated mix of six coverages tailored to each customer’s needs. Chubb’s ForeFront Portfolio for Community …
Nuts & Bolts: Lemac General Agency Division added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional liability. There are 800 eligible classes for offices, retail, service, wholesale and …
Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa. launched Risk Capital Protector, designed to respond to the organizational and managerial liability exposures of venture capital and private equity firms and their managers. It provides coverage for lawsuits …
Oklahoma State Senate President Pro Tempore Cal Hobson announced that the Senate Judiciary Committee will not hear House Bill 2619, which addresses the state’s workers’ compensation system. Hobson said the bill would further disadvantage workers injured on the job and …
A Vernon Parish, Louisiana woman has been arrested on charges of workers’ compensation fraud. Louisiana Attorney General Charles Foti, Jr. said 27-year-old Georgianna Smith of Anacoco, manipulated the system to fraudulently obtain nearly $60,000 in workers’ comp benefits, medical and …
Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas pleaded guilty in a Travis County District Court to workers’ compensation fraud-related charges. The company was ordered to pay a $100 fine to the state, …
Two recently released studies on trends in automobile insurance rates show a wide variation in the costs for coverage across the nation. At first glance, they also seem to show a big discrepancy in their findings. It turns out, however, …
