As the financial services industry has evolved since deregulation, there has been a rise in “bancassurance: the joint effort of banks and insurers to provide insurance services to the bank’s customer base,” according to Dr. J. David Cummins, Harry J. …
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
Very Bad News “America’s job-creators pay attention to the Judicial Hellholes report. This is very bad news for Oklahoma, and it is the latest in a long list of damaging publicity Gov. Henry created for our state with his veto.” …
The insurance industry traditionally is bullish on education, networking and sharing professional experiences with colleagues and business partners. After all, the industry is largely made up of “people” people who thrive on connecting with their clients, as well as their …
$3.1 Million A South Carolina company that made contaminated pet food that killed dozens of dogs nationwide will pay $3.1 million in a settlement with pet owners. The pet food, which contained a mold called aflatoxin, was produced at Diamond …
An Arkansas legislative committee in early January 2008 put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500 years. Firefighters and others support the new regulations …
Dallas-based regional insurer, The Republic Group, appointed Jim Drawert to the new position of vice president – Industry Relations. Additionally, Cathy Link has joined Republic as chief underwriting officer. Drawert joined Republic in 2003 as vice president – chief underwriting …
While winter storms do not attract the attention of mega-catastrophes such as hurricanes and earthquakes, these smaller events can add up to impact insurers’ bottom lines. However, insurers can now avail themselves of such risks by using new technology to …
Brown & Brown, Turner & Associates Through a subsidiary, Brown & Brown Inc. acquired Tecumseh, Okla.-based Turner & Associates Insurance Agency Inc. Turner & Associates, with annualized revenue of approximately $1.7 million, specializes in the oil and gas industry. The …
Some fire departments in south Mississippi are struggling to fill vacancies as firefighters leave for better paying jobs. Officials in Petal, Miss., are trying to recruit qualified people to work in the physically demanding and dangerous profession with a starting …
