Small to mid-sized retail independent insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs—those big dogs being the banks, the large public brokers and the …
Executives at Rhode Island’s largest workers compensation carrier, Beacon Mutual Insurance Co., figure they could be looking for new jobs as early as June if Governor Donald Carcieri gets his way. They expect that if they do not succeed in …
April 18 marks the 100th anniversary of the great San Francisco earthquake of 1906, a catastrophe that affected thousands of lives, caused hundreds of millions of dollars in damage and generated aftershocks in insurance and engineering communities that continue to …
The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not retaliatory, but uniform. This statement …
Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined to address …
Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds Gerry Wilson, who will continue to serve the company as co-chairman …
BEACON MUTUAL Q&A Jobs and more on the line AGENTS PRO & CON On federal charter Northeast states’ civil systems fare well How small agencies can acquire others
More rules and laws seek to usurp states’ authority 14 Contingent fees become focus of R.I. lead case Should states contract with outside lawyers to sue? 14 Northeast states’ civil systems fare well in rankings U.S. Chamber of Commerce rates …
Northeast states fared fairly well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems, with several in the top 10 favorites. The survey ranks states from best to worst on legal fairness based on a survey …
Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that don’t like to deal with a middle-man and purchase insurance through agents. According to Paul Hollie, Safeco spokesman, …
