While a growing number of Michigan’s small- to mid-size businesses are not satisfied with the economy, a recent survey indicates that more businesses plan to increase wages over the next six months. In the semi-annual Future Business Index, a study …
A.M. Best Co. upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of American Freedom Insurance Company of Arlington Heights, Ill. The outlook for both ratings has been revised to …
Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …
Calif. Insurance Commissioner Steve Poizner announced that he has reappointed Lee Pearson of Rancho Murieta, and Bruce Wick of San Bernardino, to the Workers’ Compensation Insurance Rating Bureau Governing Committee. Pearson is being reappointed to a position representing organized labor. …
The full Indiana House returned to the Statehouse on March 10 after a five-day break, but partisan differences remained over an unemployment insurance tax bill as a March 14 deadline for adjournment loomed. Democratic House Speaker Patrick Bauer of South …
A new survey suggests insurers looking into the use of social media for promotion and customer interaction would be smart to target young adults, men and high-income earners. These groups are the most likely to already use social media for …
The California State Compensation Insurance Fund, reported it ended 2009 with $1.25 billion in net premium earned, and $143 million in net income, compared with $75 million in net income earned in 2008, Doug Stewart, interim president and CEO announced. …
Professor Randy Dumm, Ph.D., of Florida State University, in Tallahassee, Fla., has been named the new chairman of the board for Austin, Texas-based The National Alliance for Insurance Education & Research. The National Alliance also named four new board members: …
The author of legislation authorizing the sale of Oklahoma’s workers’ compensation insurance agency said he does not have enough votes to pass it in the state House and that the bill appears dead for the year. But Rep. Dan Sullivan, …
USI Holdings Corp. has reported the closing of the acquisition of the insurance and financial services business of RA Bench, a Seattle, Washington, based wealth management, executive and group employee benefit insurance brokerage firm. The acquired RAB business, which will …
