Union General of Concord, Calif., has an “A+” rated carrier offering coverage on amusement centers and family fun centers. Coverage can be provided for arcade machines, batting cages, bumper boats, coin-operated kiddie rides, driving ranges, go-kart tracks, miniature golf, and …
Insurance Journal readers were reminded by our recent coverage on how agents are faring in the recession that the effects of the economic downturn vary by agency and region. Some agencies and customers are feeling the slowdown more than others. …
Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008. According to information on Costco’s Web site, Costco business members may secure up to a 10 percent discount on business insurance, including property, liability …
Hotchkiss Insurance Agency LLC and Texas Mutual Insurance Company announced a $59,360.36 dividend to the Texas Home Builders Workers’ Comp (THB-WC) purchasing group. Formed in September 2005 the group is exclusive to home builders in Texas. Hotchkiss manages the purchasing …
You may have a difficult time obtaining new clients on a regular basis; this is a common complaint of many insurance agents. If this sounds like you, there are some simple tips that you can follow in order to increase …
Independent agents in Massachusetts have charged that Progressive Insurance, which began selling auto insurance online in the state May 1, is skirting state regulations and misleading consumers with its Web site quoting program. The Massachusetts Association of Insurance Agents (MAIA) …
Adding wind coverage to the current federal flood and wind insurance program could benefit some policyholders and market participants but would also involve trade-offs, says a new government report. While current legislation to add wind to the flood program would …
A.M. Best Co. has revised the outlook to positive from stable for the ratings of New Zealand’s Pacific International Insurance Limited (PII), and has affirmed PII’s financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-“. “The rating …
Standard & Poor’s Ratings Services has revised its outlook on Great Northwest Insurance Co. (GNIC) to stable from negative, and has also affirmed its ‘BB-‘ counterparty credit and financial strength ratings on GNIC. “The rating action reflects our opinion that …
Too many small business decision-makers appear to be spending money on workers’ compensation insurance coverage without understanding how workers’ compensation insurance works, what they get for their premium payments, or why they continue coverage with a particular carrier, according to …
