Gencon, a general contractor, was nearly finished constructing a five-story apartment building when an employee accidentally damaged a sprinkler head causing a leak. Gencon made an emergency call to the plumbing store next door, and Joe the plumber promptly arrived …
InsurBanc’s Pettinicchi on Agency Financing Options Unlike many businesses, independent insurance agencies do not need to access credit on a daily basis. But when the time comes that an independent agency needs access to credit and cash, it is usually …
Philadelphia-Based Insurance Attorney Finds Rulings to be ‘Very Insurer-Friendly’ The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent Supreme Court nominee— federal appeals Judge Sonia Sotomayor — brings a long record of decisions favoring …
Enhance Your Survival by Finding Light Within the Darkness The economic landscape is mired in darkness. Bankruptcies and foreclosures have risen to frightening levels, while the stock market languishes in despair. The high rate of unemployment has a dreadful impact …
Diversification Spurs San Antonio-Based SWBC to Great Heights Top 100 Agency Profile Ranking No. 13 (ranking based on 2007 figures) Agency Name: SWBC Headquarters: San Antonio, Texas Year Founded: 1976 2008 Total P/C Premium: $645.3 million 2007 Total P/C Premium: …
Constant Communication Helps to Keep Remote Employees Motivated to Succeed Telecommuting is increasingly popular in today’s business world. It cuts operational costs for the employer, while allowing employees the convenience of working from their home offices. While telecommuting has proven …
Lessons Gained from the Current Economic Storm The property/casualty business has never been easy. As history shows, the underwriting community has been successful in creating and delivering insurance products that give consumers and business owners peace of mind. Over time, …
Risk Management Considerations to Help Protect and Preserve Properties on Hold In the current economic and credit crisis, construction entities — project owners, contractors, architects, engineers, material and equipment suppliers, and end-use customers — are all facing unprecedented levels of …
5 Hurricane forecasters at Colorado State University have lowered their prediction for the number of hurricanes they expect to hit the Atlantic Basin in 2009 to five, down from an April forecast of six hurricanes. The forecasters say information obtained …
The Hanover Specialty lines business will be a key growth engine in the next several years for Worcester, Mass.-based The Hanover, according to CEO Fred Eppinger. In the past year, revenue from specialty lines at The Hanover has grown from …
