The lawmakers are back, at least in most of the Western states, such as Arizona, Colorado, Hawaii, Idaho, Montana, Oregon, Nevada, New Mexico, Utah, Washington and Wyoming. California legislators are back as well, but it appears that they’re present more …
Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small- and medium-sized businesses, announced a strategic restructuring plan that includes a staff reduction of approximately 14 percent of the company’s total workforce, and …
Could Reduce Agent Commissions, But Create New Insurance Categories The Food, Conservation and Energy Act of 2008 (the Farm Bill) authorizes farm programs for the next five years. The Act’s provisions encompass a range of issues, including commodity price supports, …
Managing an independent insurance agency in today’s economy and soft market forces agents to set priorities. Juan Andrade, executive vice-president for sales and distribution at The Hartford, who oversees his company’s agency management consulting arm, Business Management Group, previously identified …
Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, has added workers’ compensation coverage to its commercial insurance product line in Nevada. “Bringing workers’ compensation coverage to our Nevada agents comes on the heels of a successful launch …
Washington is the latest state that is considering implementing a pay-as-you-drive system, in which drivers would pay insurance premiums based in part on the miles driven per year. Senate Bill 5708, sponsored by Sen. Tracey Eide, D-Federal Way, provides that …
Legislation has been introduced in the Wyoming House that could hold oil and gas operators liable for their own negligence resulting in injuries and fatalities on their job sites in the state. House Bill 273, introduced by Rep. Keith Gingery, …
Despite the seemingly difficult times independent insurance agents may be facing today, they will always have a future, according to George Joseph, chairman and founder of Mercury Insurance, considered one of the most innovative underwriters in the country and the …
Surplus Lines Standards “We believe that the bill would make the surplus lines marketplace more efficient by facilitating the payment of surplus lines premium taxes and eliminating unnecessary duplicative compliance requirements on surplus lines multi-state risks.” —John Wood, president of …
EPIC, VRT Insurance Services EPIC (Edgewood Partners Insurance Center) acquired all the assets of VRT Insurance Services Inc. VRT Insurance Services Inc. is owned by David Alvarado, its key producers and Belvedere Capital, a private equity firm based in San …
