It Figures
75% The percentage of bank Web sites surveyed in a University of Michigan study had at least one design flaw that could make customers vulnerable to cyber thieves after their money or even their identity. Atul Prakash, a professor in …
Survival Skills
During a soft market, when businesses often are struggling to survive, it hardly seems like the appropriate time to scrutinize staffing. Yet Paul Hering, managing principal and CEO for San Diego-based B&B Co. says opportunities are ripe to recruit top …
People
Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck. Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the end of the year. Thofern …
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal legislation would be required to enact the outlined concept, which includes …
Business Moves
C.M. Meiers, Fireman’s Fund The C.M. Meiers Co. of Woodland Hills, Calif., and Fireman’s Fund Insurance Co. of Novato, Calif., donated more than $33,000 to the Ventura County Fire Department for the purchase of mobile communications equipment. Satellite telephone and …
Keep Your Customers With E-Mail Marketing
Why E-Mail Marketing Should Be a Big Part of Customer Retention Efforts It’s a recognized fact that obtaining a new customer costs five times more than retaining an existing one. However, just because a customer makes a single purchase, a …
Declarations
Fuel Economy or Safety? “More people may be looking at small pickups because of rising gas prices. Unfortunately, they won’t find many that afford state-of-the-art crash protection. Most earn dismal ratings for protecting people in side crashes, and all but …
Challenges and Strategies for the 21st Century Independent Agency
The letter from the Palatine Insurance Co. to the independent insurance agency, written in the dawn of a new century began: “The insurance business is experiencing perilous and unprecedented challenges …” The date: 1921. As the saying goes, everything old …
Predicting Ground Motion: The Next Generation
New Seismic Models Make Ground Motion Predictions More Accurate The accuracy of ground motion prediction from shallow events in the active tectonic regions in the Western United States, such as California, has improved, thanks to new ground motion models. A …
Former Louisiana AG’s Katrina Lawsuit Stays in Federal Court
Former Louisiana Attorney General Charles Foti’s lawsuit contending major insurance companies manipulated prices on hurricane damage claims will remain in federal court, a panel of the 5th U.S. Circuit Court of Appeals ruled in a 2-1 decision. Foti hired private …
