Officials in Johnston, Rhode Island say firefighters struggled to douse a large recycling plant fire over the weekend because cars there were stacked too high and were piled too close to each other. The blaze at the Metals Recycling plant …
An aerial photo shows a flooded area of downtown looking North over Cedar Rapids, Iowa, June 13, 2008. Interstate I-380 can be seen on the left while Mays Island, with Cedar Rapids City Hall, is seen on the right with …
New Markets The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …
Miscellaneous Professional Liability Classes • Advertising agencies • Answering services • Audio/visual consultants • Business/management consultants • Communications/media/public relations • Compensation and benefits consultants • Copy shops • Executive coaches • Educational consultants • Event planners • Graphic design consultants …
Too many customer service representatives (CSRs) have problematic issues when it comes to an essential element of their job. That element is the selling of insurance. Some consider this act to be overly difficult and, at times, demeaning. They refuse …
The financial condition of the property/casualty industry is strong, and should be able to withstand the current price deterioration, according to a new industry study. “The outlook for the next three years – through 2010 – is generally soft for …
Stock Prices: The soft market continues to have an effect on insurers’ stock prices. With the inability of insurers to grow in the current market, commercial insurers’ stocks are still falling, down 18 percent year-to-date. M&A Activity: On June 30, …
By Andrea Wells In a busy month for insurance issues on Capitol Hill, the U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises marked up bills creating a federal office of insurance information, creating a national …
From Novelty to Necessity: Bermuda’s Insurance Market 2008 Bermuda’s insurance industry has grown steadily since it began 50 years ago. It is now a mature market, and, in certain sectors – natural catastrophes, crop insurance and medical malpractice – it …
The average cost of dog bite liability claims increased by 11.5 percent in 2007 to $24,511. Man’s best friend is sinking its teeth into homeowners insurance costs. Dog bites now account for one-third of all homeowners insurance liability claims, costing …
