Most calls from prospective insurance agency sellers start with, “What are agencies selling for these days?” or “What kind of multiple can I expect if I sell my agency?” Insurance agencies are like snowflakes, no two are alike. Unfortunately, there …
Data Security Breaches Present Emerging Risks and Opportunities for Agents Data security represents both a new market opportunity to sell insurance coverage and a new risk — especially for independent insurance agencies unable to comply with data security laws or …
Nevada Lawmakers were told that the state’s worker compensation system makes it tough on injured Nevadans to get the medical care and follow-up rehabilitation and training they need to return to their jobs. The injured workers’ testimony during the Senate …
A.M. Best Co. has revised its outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” for American Family Insurance Group (AMFAM), which includes American Family Mutual Insurance …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of the UK-based ACE European Group Limited (AEGL) with stable outlooks. Best said that it expects “AEGL to maintain strong risk-adjusted …
Louisiana homeowners have several ways to save money on their 2008 taxes. State Insurance Commissioner Jim Donelon is reminding homeowners that they can get a tax rebate if they were charged a Louisiana Citizens Property Insurance Corp. assessment last year. …
A lawsuit blaming the Army Corps of Engineers for flooding from Hurricane Katrina can proceed to trial, a judge ruled Friday in a case seen as a likely last recourse for storm victims seeking compensation from the federal government for …
Swett & Crawford appointed Robert Peterson as program manager for a new product, the Swett & Crawford Program for Contractors Auto, to be marketed with its carrier partner, Travelers Companies Inc. Before joining Swett & Crawford, Peterson worked with Crum …
The arrival of spring brings increased activity at Wyoming mines and quarries, and with it, a greater risk of workplace accidents, safety officials say. Seasonal workers becoming reacquainted with their jobs and the use of equipment that hasn’t been run …
Ed Largent is now chief administrative officer and Stuart Rosenberg is chief technology officer at Westfield Group of Ohio. Largent assumes responsibility for corporate oversight of human resources, information technology, training, and the internal audit department, as well as Westfield …
