June 1, 2009
Arthur J. Gallagher & Co., Nourse Insurance Brokers Arthur J. Gallagher & Co. acquired Nourse Insurance Brokers Inc. in Walnut Creek, Calif. Terms of the transaction were not disclosed. Founded in 1935, Nourse Insurance Brokers Inc. is a retail insurance …
June 1, 2009
Al Diamond is one of the country’s best known and respected agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies across the country on issues ranging from operations to mergers …
June 1, 2009
If you haven’t felt assaulted by bad economic news lately, you live in the woods with no TV, no newspaper, and no Internet service. The stock market has lost trillions. Real estate values and sales have declined at record rates …
June 1, 2009
In what has become a ritual, each Friday evening the Federal Deposit Insurance Corp. (FDIC) announces the names of the banks it has taken over that week. As of May 19, 2009, the number of year-to-date bank closures stands at …
June 1, 2009
55 Drivers age 55 and older are more familiar with who has the legal right of way at intersections, according to a poll by Pemco Insurance, examining whether drivers understand the laws governing four-way stops. Older drivers were more familiar …
June 1, 2009
The insurance industry plays a significant role in California’s economy, employing hundreds of thousands of workers, investing billions of dollars in state and local governments and paying the fourth largest amount in taxes to the state’s General Fund, according to …
June 1, 2009
Members of the Nevada legislature are battling over a construction defect bill that has turned into one of the most contentious issues of the 2009 legislative session. Senators voted 19-1 in mid-April for SB349, which would curtail homeowner lawsuits against …
June 1, 2009
The Oregon Insurance Division is warning the insurance industry to be careful about arbitration clauses. According to a recently posted bulletin, “It has recently come to [OID’s] attention that policy forms, certificates, and obligor of service contracts may contain arbitration …
June 1, 2009
CEO Restrepo Talks Cat Losses, Premium Growth and Independent Agents Regional property/casualty insurance companies don’t make headlines like the large institutions. They simply go about their business serving customers and independent agents— and paying claims. How are regional insurance companies …
June 1, 2009
Salt Lake City-based The Leavitt Group named John Moreno president of Leavitt Benefits Services. Moreno will forward the benefits operations of the Leavitt Group and affiliated agencies. Moreno has more than 30 years of experience in the employee benefits industry, …