In an announcement that surprised no one in London’s tight knit insurance community, Lloyd’s revealed that its selection committee had chosen Richard Ward, former head of the London-based International Petroleum Exchange (IPE), as its new CEO. The appointment of an …
Sound, up-to-date and successful building codes are essential for construction, but codes must also be enforced and continuously updated to effectively contribute to disaster mitigation, said Leonard C. Brevik, National Association of Professional Insurance Agents CEO at the National Council …
Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in his annual letter to shareholders and acknowledges that concern over hurricanes has prompted his insurance subsidiaries to raise prices …
Only about half of homeowners living in some of the most flood-prone areas of the United States buy federal flood insurance, leaving millions of families at risk for severe financial losses when floods strike, according to a recent RAND Corporation …
Insurance companies asked a federal appeals court in New York earlier this month to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers …
Seventeen-year-old Brittney Hudson wasn’t wearing her seat belt when it mattered most, the moment her 2004 Toyota Celica rolled over along a rural stretch in western Colorado and ejected her from the vehicle. The crash happened a day before Thanksgiving …
The Federal Bureau of Investigation has been accumulating insurance fraud information since Hurricane Katrina and has filed charges in five cases, R. Allyson Delaney, an FBI analyst in Clarksburg, W.Va., told the National Association of Insurance Commissioners during its Antifraud …
What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique …
Are you an insurance agent, or are you an insurance educator? If you don’t know the answer, chances are pretty good that you are an agent. Anyone who has sold insurance for even a short period knows that the world …
“First and foremost, have some sort of plan. It doesn’t have to be a million dollar plan for the smaller operators but communication needs to be spelled out.” – David Losson In the wake of Hurricane Katrina, the New Orleans …
