Bruce Burdett, an insurance executive with 38 years of industry experience, has been named president of Statewide Operations for Texas-based Frost Insurance, the insurance subsidiary of Frost Bank. Burdett joined Frost Insurance in July 2005. Most recently, he held the …
A Michigan state representative has filed a bill to give illegal aliens in the state access to workers compensation benefits if they are injured on the job. State Rep. Rashida Tlaib, D-Detroit, has introduced legislation (H.B. 5952) that would amend …
Democrats in the House of Representatives Thursday predicted weekend passage of a sweeping healthcare overhaul that budget analysts said would hit President Barack Obama’s fiscal targets and cut the U.S. deficit over 10 years. House Democratic leaders finished work on …
Ever since Enron, it seems more academics have been trying to understand and rectify unethical behavior. Research in a forthcoming paper might help organizations better understand thinking patterns in the workplace. “The Ethical Mirage: A Temporal Explanation as to Why …
A competitive market landscape perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to the latest market survey. After nearly five years of steady price decreases, findings from professional service firm Towers Watson’s most recent Commercial Lines …
Operating profits improved substantially during 2009 across the U.S. property/ casualty insurance industry, with most market participants reporting double-digit operating returns on capital, according to Fitch Ratings in a new report. A Fitch review of 2009 GAAP results reported by …
Specialty lines insurer Argo Group US has appointed Louis Levinson to be president of the group’s E&S segment, overseeing the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He will be based in Argo Group’s New York …
Arthur J. Gallagher & Co. has acquired Winn & Company Insurance Brokers Inc. in Hollister, Calif. Terms of the transaction were not disclosed. Established in 1910, Winn & Company is a retail insurance broker offering risk management, commercial property/casualty, benefits …
Connecticut Attorney General Richard Blumenthal is heralding recommendations of a state commission that would crackdown on companies that illegally misclassify employees as independent contractors, and dramatically raise fines for misclassification. Blumenthal co-chairs the Joint Enforcement Commission on Worker Misclassification with …
A Jacksonville property insurance company is back in the good graces of regulators. Insurance Commissioner Kevin McCarty signed off on an agreement with the Southern Oak Insurance Co. after the insurer agreed to make some changes to its business plan. …
