Legislation that would allow insurers to more accurately base auto insurance premiums on how many miles a motorist drives passed the California Senate Appropriations Committee. Proposition 103 requires insurers to set automotive insurance rates and premiums using specified factors, including …
Risk Management Strategies Based on Emulating Animals in the Jungle With such events as wildfires, the subprime mortgage fallout, and mergers and acquisitions, the corporate world can at times seem like a jungle. No one knows that better than author …
Residential development is adding to the costs of fighting wildfires in Montana, with a recent study showing that most years federal, state, tribal and county governments spend millions of dollars suppressing wildfires and protecting Montana homes in the woods. According …
$125,000 Amount in local community charitable grants the Insurance Industry Charitable Foundation awarded to nonprofit agencies in California. The association also made 2008 Special Grants totaling more than $70,000, according to Tom Jones an executive with Liberty Mutual and chairman …
Managing Risks With an Aging Workforce The aging and retirement of the Baby Boomer generation is creating a demographic transformation that will affect the staffs of insurance organizations, as well as their customers. Consider the following statistics: According to the …
During the 2008 hurricane season, Texas has so far been hit by Hurricane Dolly and Tropical Storm Edouard. The Louisiana coastline, however, has been spared. That state even dodged massive flooding from Tropical Storm Fay when she took a turn …
Community Financial Insurance Center, Monroe, La., hired Jeanette F. Credo as senior vice president for its new Financial Institutions Division for the states of Louisiana, Alabama and Mississippi. Credo will establish and manage a Baton Rouge-based office, which will be …
With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As such storms go, neither packed a lot of punch, but …
Apex Global, Benefit Partners Apex Global Partners Inc. acquired Benefit Partners and subsidiaries BP Life and Health Insurance Agency, Benefit Partners Financial Services, BP Risk Partners Insurance Agency and Benesystems. Apex Global said Benefit Partners and its subsidiaries together comprise …
84,000 The Arkansas Department of Health says the state had 84,000 fewer smokers in 2007 than five years earlier. Officials say that since 2002, the percentage of adults who smoked dropped from 26.3 percent to 22.4 percent, according to an …
