November 30, 2008
Employee retention programs drive better bottom line performance in growing and uncertain economies. In fact, engaging and rewarding employees with financial or non-financial awards are retention actions that can no longer be overlooked or dismissed as trivial. Today there is …
November 30, 2008
With incoming President-elect Barack Obama and major increases in the U.S. House of Representatives and the Senate, the Democrats will now control both chambers of Congress and the White House. The changing of the political guard, coupled with the recent …
November 30, 2008
Safeco Insurance and Indiana Insurance, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Midwest territory. Christopher T. Allen was named vice president, Safeco Insurance, and Midwest …
November 30, 2008
Candidates on Both Sides of the Aisle Benefit Interestingly enough, both Democrats and Republicans were on the receiving end of the industry contribution checks. With the 2008 election now behind us, it is interesting to see how the insurance industry …
November 30, 2008
U.S. Senate Candidates (Not all those listed were up for election in November 2008) Obama, Barack (D) $1,512,257 Durbin, Dick (D-IL) $128,750 Bayh, Evan (D-IN) $1,000 Lugar, Richard G (R-IN) $750 Harkin, Tom (D-IA) $90,580 Grassley, Chuck (R-IA) $61,950 Roberts, …
November 30, 2008
Congressional candidates from the Midwestern states of Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin pulled in big donations from a variety of insurance industry interests in 2008, according to the Center for Responsive Politics, a …
November 30, 2008
Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/owner of RKC Financial in the Dallas/Fort Worth …
November 30, 2008
The brains behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on the Hispanic insurance market within a few years, despite current financial markets. Also, while …
November 30, 2008
On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and omissions losses of $9.6 billion, up …
November 30, 2008
State Auto, Rockhill Insurance Group State Automobile Mutual Insurance Company has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities. Rockhill Insurance Group, which …