The Texas House of Representatives has passed a bill that will allow small businesses to claim state franchise tax exemptions for income up to $1 million, at least temporarily. House Bill 4765, joint-authored by Ken Paxton (McKinney), Bill Callegari (Katy), …
As the wildfire in Santa Barbara, CA, expands in scope and intensity, the Chubb Group of Insurance Companies has stepped up measures to help protect its homeowners insurance customers’ properties. Earlier this week, Chubb deployed its Wildfire Defense Services to …
The Ohio Insurance Institute (OII) says the City of Toledo, and other cities and municipalities considering an additional revenue stream by charging insurers for fire department service runs to local residences should be aware that some personal lines insurers exclude …
Insurance Journal launched a new online service for full page advertisers of Insurance Journal magazine, a biweekly magazine for property/casualty insurance agents and brokers delivered to more than 42,000 businesses nationwide. The new IJ Ad Showcase service transcribes, classifies, categorizes …
A Louisiana House committee has challenged Gov. Bobby Jindal’s anti-tax stance, approving what amounts to a tax hike on Louisiana homeowners: a proposal to increase an existing fee added to insurance bills. The fee increase would produce $1.25 million to …
River North Insurance Services, a newly formed insurance brokerage with offices at 400 N. State St. in Chicago, announced it will be offering both business and personal lines of insurance. It also specializes in providing insurance services to the entertainment …
A wildfire that began on May 5 in Santa Barbara County, Calif., continues to burn, increasing 448 percent from 500 acres burned yesterday to 2,739 acres burned and at least 20 homes destroyed as of this morning, according to the …
Those seeking a place to live, work or raise a family in a safe and secure environment should consider the Pacific Northwest, according to the fifth annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. …
Despite first-quarter profits being dragged dawn by winter storm claims, The Hanover Insurance Group Inc. earned its third ratings upgrade in 15 months, the Worcester, Mass.-based multi-regional insurer said. Hanover, which posted net income of $25.8 million — compared with …
Mississippi Insurance Commissioner and State Fire Marshal Mike Chaney is calling on legislative leaders to join him in his continuing effort to provide disability insurance coverage for volunteer firefighters in the state. Since taking office in January, 2008, Chaney has …
