May 23, 2005
The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A presidential task force of the Society of Chartered Property/casualty Underwriters …
May 23, 2005
Why are underwriters acting like scaredy-cats over dogs? Because they only hear about the bad puppies. They don’t know good dogs or the good things dogs do. I have a bone to pick with the insurance industry. Why is an …
May 23, 2005
Four St. Louis-area men were convicted Wednesday of federal charges related to the torching of four grocery stores as part of a scheme to collect more than $3.5 million in insurance claims. After a 13-day trial, a U.S. District Court …
May 23, 2005
As capital accumulates on insurers’ balance sheets, carriers are figuring out what to do with it-if anything at all. The industry is flush with cash after a long hard market and lower corporate bond defaults. Although insurers are wary of …
May 23, 2005
ABRA Auto Body & Glass ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced the opening of its ninetieth repair center today. Located in Lee’s Summit, Mo., the franchise was awarded to Don Kahan, owner of Don …
May 23, 2005
Internet Basic Liability Policy for Small, Mid-Size Tech Firms Nuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology firms. Internet basic liability protection is designed for technology businesses or firms with …
May 23, 2005
AGENTS HIT EVASION OF ACTUARIAL RULING: The Kentucky Association of Insurance Agents called attention to the industry’s disregard of charge for automobiles if kept in dwellings. -February 1930, The Insurance Field Research provided by the Insurance Library Association of Boston. …
May 23, 2005
Amid Scrutiny, Aon Tops Earnings Estimates With Q1 Profits Up 18% CHICAGO-Aon Corp. saw its shares leap 15 percent after the world’s second-largest insurance brokerage reported quarterly profits that far exceeded Wall Street’s expectations. Shares in the company, which have …
May 23, 2005
If Insurance Journal readers have one consistent request, it is for more information about available markets. No matter their agency size, history, politics or niche, readers like knowing about new opportunities for their own businesses, as well as about what …
May 23, 2005
With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of the …