June 2, 2008
The New Alliance Can Handle Banks With up to $5 Billion in Assets but the ‘Sweet Spot’ is up to $2 Billion Agents submitting community bank risks to the new alliance between The Hartford and Progressive should expect to work …
June 2, 2008
U.S. health officials announced plans on May 22 for a new computer tracking system designed to help them identify dangers from prescription drugs and medical devices already on the market. The system would enable the Food and Drug Administration to …
June 2, 2008
State Farm and smaller Northwest insurers are among the best at taking care of customers after an accident. Some larger insurers — Progressive, Allstate, Safeco and Farmers Insurance — are among the worst. That was the finding of a survey …
June 2, 2008
Areté Partners Ronald J. Leston, broker, financial planner and benefits/retirement consultant, announced the launch of Areté Partners LLC, a Denver-based management and human capital consultancy that will offer insurance brokerage, benefits consulting and financial services to clients in North, Central …
June 2, 2008
Forecasters predict that the 2008 Atlantic hurricane season will be an active one for hurricane and tropical storm formation. The National Oceanic and Atmospheric Administration’s most recent forecast sees 12 to 16 named storms between June 1 and November 30. …
June 2, 2008
2-5 There is a 60 to 70 percent chance that that number of major hurricanes will hit the Atlantic this hurricane season, according to the National Oceanic and Atmospheric Administration. NOAA predicted the 2008 season will produce 12 to 16 …
June 2, 2008
The California Assembly on May 22, 2008, passed a bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent. The Assembly voted 60-6 in favor of AB 2956. The …
June 2, 2008
When does the business interruption restoration period begin? A typical business interruption policy limits the period of time for which an insured can recover to the so-called “restoration period.” The applicable period is primarily determined by the terms and conditions …
June 2, 2008
The U.S. Geological Survey (USGS) and the California Geological Survey (CGS) are predicting a 7.8 magnitude earthquake in Southern California — similar to the recent earthquake in China — would kill 1,800 people, injure 50,000, cause $200 billion in damage, …
June 2, 2008
Colorado residents affected by powerful storms that struck the northern part of the state about 80 miles north of Denver on May 22, 2008, are beginning to sort through the wreckage and pick up the pieces. According to the Rocky …