The Homeowners Defense Act (H.R. 2555), a bill that would provide a federal backup for states with catastrophe insurance funds, would reduce California earthquake insurance premiums by about 35 percent, according to California Earthquake Authority CEO Glenn Pomeroy. Pomeroy, who …
Brown & Brown, DiMartino J. Scott Penny, regional executive vice president of Florida-based Brown & Brown Inc., and Gregory P. DiMartino, president of DiMartino Associates Inc. of Seattle, announced the acquisition of the insurance agency and brokerage business-related assets of …
The Oregon Public Employee Retirement Fund will recover losses that were attributable to a pattern of poor disclosure and bid-rigging by insurance giant American International Group Inc. (AIG), under a settlement announced by State Treasurer Ben Westlund and Attorney General …
A recent survey published by Mintel Comperemedia, a provider of direct marketing competitive intelligence, says young adults, especially men and high-income earners, are the groups most likely to use social media for insurance research and communication. That finding sounds like …
The Washington State Senate approved a flood insurance bill that would allow the insurance commissioner to create a market assistance plan and, if necessary, a joint underwriting association if the flood insurance market in state’s Green River Valley collapses. The …
Iroquois of California based in Sacramento, Calif., added a former insurance consultant, marketing manager and agency owner to its staff. Mike Mullens will serve as regional manager in Northern California, bringing more than 17 years of experience in the areas …
Gains Made By Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the potential of outsourcing operations. The trend has helped power tremendous …
The Colorado House is considering a bill that would require automobile insurance policies, health benefit plans, limited benefit health insurance, dental plans, and long-term care plans that are issued or renewed on or after July 1, 2011, to be written …
2% The median six-month auto insurance rate in Arizona has increased approximately 2 percent over the past six months to reach $829 according to InsWeb, an online insurance comparison provider. An Arizona driver who pays the six-month median rate of …
Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This has included launching new …
