Question: How many people does it take to support an insurance agency? Answer: At least 1,089. One to run the agency and 1,088 townspeople. The population required to support different businesses varies greatly but insurance agencies have one of the …
Local governments increased their commitment to risk management over the past decade, as they met the challenges posed by several major natural disaster and terrorism events. Better local government loss prevention, crisis management and risk communication resulted. We now face …
A few years ago, Sheboygan Falls independent agents were working with a company with outdated technology, high expenses and a questionable future. Now they have a company they can believe in and recommend to policyholders with confidence. “Agents are better …
A North Dakota state agency is the only entity that can legally sell workers compensation insurance to businesses in the state. But Minot state Rep. Dan Ruby says it’s about time the Workforce Safety and Insurance agency got some competition. …
The Ohio Bureau of Workers’ Compensation (BWC) board of directors has approved a cap on an employer’s workers’ compensation insurance experience modifier (EM) that it hopes will limit extreme premium swings in the event of a serious accident or loss …
A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that trend, while not reversed, …
In this hard economy coupled with the soft market, most agencies expect sales and revenues to go down. Even the best performers feel the downward trend in premiums. According to Juan Andrade, executive vice-president for sales and distribution at The …
Eastern Insurance, Rosemary Walker Natick, Massachusetts-based Eastern Insurance Group, the insurance agency subsidiary of Eastern Bank, has acquired Rosemary Walker Insurance Agency in Danvers. Terms of the deal were not disclosed. Rosemary Walker was founded in 1970. Eastern said the …
$25.2 Billion Amount U.S. property/casualty insurers expect to pay homeowners and businesses for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade, according to preliminary analysis by ISO’s …
The Price of Defeat “This type of public nuisance litigation is not cost free.” —Charles Moellenberg Jr., a lawyer for Sherwin-Williams, which was among the three paint companies last month to win a $242,000 judgment against the state of Rhode …
