$60 Million The estimated insured loses caused by violent weather that struck Georgia on April 10, according to Insurance and Safety Fire Commissioner John W. Oxendine. The storms caused damage in the metro Atlanta area, Burke, Chattooga, Crisp, Floyd, Franklin, …
The Mississippi Supreme Court has upheld a $3.76 million verdict against a Mississippi furniture maker sued by employees who alleged they were injured from a hazardous glue they had to use. The state Supreme Court sided with four workers who …
Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining Travelers, Tracy was the head of …
They flock from other states to the coast known as the Grand Strand in Myrtle Beach, S.C., first as tourists, and later as residents, captivated by ocean views, rolling green fairways and the relaxed lifestyle. Most knew that an occasional …
Editor’s Note: The following commentary originally was addressed to the New York Times in response to a published opinion expressed by Allstate CEO Tom Wilson advocating federal regulation of insurance. In a contributed column that ran in the New York …
At the Reform Table “There’s no signal. Republicans are at the table on health reform.” —A spokeswoman for the top Finance Committee Republican, Sen. Chuck Grassley of Iowa, disputed suggestions that Republicans would not support health care reform judging from …
No one could fail to have noticed that we are in the grip of a recession. With unemployment affecting 2 million in the United Kingdom, interest rates almost at zero and a deflationary environment, there is a lot for businesses …
The Professional Insurance Agents Association of Ohio Inc. (PIA) has selected Douglas L. Jackson to serve as director of education. Jackson, a Certified Parks and Recreation Professional (CPRP), comes to PIA after working more than six years as director of …
Money is the lifeblood of any business. But when it comes to running insurance agencies, money isn’t the main thing that principals look for when they do business with a certain carrier. Claims handling, it turns out, is the truly …
Michigan’s insurance regulator has ordered a Wisconsin-based managing general insurance agency, Vanguard Insurance Placement Inc., to stop doing business in Michigan. According to the Michigan Office of Financial and Insurance Regulation (OFIR), the agency violated the Michigan Insurance Code by …
