Larry Chase has been promoted to vice president-Strategic Solutions, for BrightClaim Inc. of Atlanta. His responsibilities include BrightNET, BrightClaim’s network of credentialed claims professionals, and the management of projects and development of business processes that enable the fulfillment of BrightClaim’s …
Devastating fires in Portugal; torrential rains in Switzerland, Austria and Romania; drought in much of France – the list of extreme weather conditions continues to grow in Europe. No contrast is more vivid than scenes of uncontrolled forest fires raging …
According to a report from Japan’s Kyodo news agency, the country’s pet owners may soon be able to take out insurance coverage for the cost of medical treatment for injured or ill pets. Pet coverage, while fairly common in the …
Reports from a number of sources (Bloomberg, Asia Pulse) indicate that China’s Bank of Communications Ltd. (BC) is planning to form a partnership to enter the P/C business on the mainland. BC, China’s fifth largest commercial bank, formed a wholly-owned …
Oksana Lysak has been hired by Cambridge General Agency as an underwriter/broker. Lysak will be responsible for building the Personal Lines Business Division in the Rancho Cordova, California office. With nearly 10 years experience in the industry, she will specialize …
The town of Greenwich, Conn. has settled a lawsuit filed in December by parents who said the Greenwich Public Schools did nothing to stop their daughter from being bullied. The lawsuit, one of the first of its kind in the …
The insurance industry’s share of the world’s total economic losses from weather-related catastrophes is rising and 60 percent of these weather-related losses are attributable to small events as distinct from headline-catching catastrophes, according to a scientist who has studied the …
Second Quarter Profit Figures on the Rise: April, May and June are usually good months for the insurance industry, and 2005 has been no exception. While AIG led the U.S. contingent with a second quarter net figure of $3.99 billion …
Most agency owners have put their time, energy and heart into building their business. The business is a part of their life. The sale of one’s business is usually a one-time event. It therefore makes sense to take the time …
InsureMyHouse.com, an informational Web site about homeowners insurance, recently started an online directory of homeowners insurance agents. The directory started in Pennsylvania and is now open to all 50 states. It’s working with several insurance advisors to gather relevant information …
