July 20, 2009
Wholesaler Colemont Insurance Brokers reports that Bob Black has been promoted to vice president in the company’s Atlanta office. Black joined Colemont in 2004 as an associate broker responsible for marketing all lines of property and inland marine business. He …
July 20, 2009
It’s not that the public sector can’t do anything right; it can and does and it very often handles the jobs nobody else wants to do. Monopolies just aren’t good policy— whether they are held by a private firm or …
July 20, 2009
$750,000 The proposed reduced limit on coastal insurance available from the North Carolina Beach Plan under legislation designed to address the over-exposure and under-funding of this state-backed plan. The limit is now $1 million. $85 Million The final — and …
July 20, 2009
A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good job regulating insurance companies and their rates but it could do a better job of documenting its decisions …
July 20, 2009
$152,000 A former, now deceased, employee of Columbus, Ohio-based State Auto Insurance Companies left the insurer $152,000 – half of his estate. In his will, Jack Boyle said the bequest was in gratitude for his livelihood and his good pension …
July 20, 2009
Farmers Farmers Insurance Group of Companies will build two new buildings and add an estimated 1,600 new jobs at its location in Caledonia, Mich. The company said the development is attributable in part to an attractive incentives package offered by …
July 20, 2009
Not Like Your Typical Running Shoes Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal counsel based on which attorney charges …
July 20, 2009
The South Dakota Supreme Court has ruled that if an employer provides an underage employee with unfettered access to alcoholic beverages, that employer is liable for any damage that occurs as a result. The Court made that ruling in Catherine …
July 20, 2009
Too High a Cost “In terms of lives and of dollars, the cost of repealing Missouri’s helmet law simply would have been too high.” —Missouri Gov. Jay Nixon, who vetoed legislation that would have relaxed a law that requires motorcyclists …
July 20, 2009
Five Sure-Fire Ways to Get the Best Talent in Your Agency The insurance industry is transitioning into a new era. For years, Baby Boomers have led the way and now, as they approach retirement, must find a way to pass …