Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive committee. He is also a …
14.6% Auto thefts in Michigan in 2008 declined by 14.6 percent compared to 2007. Michigan’s H.E.A.T. (Help Eliminate Auto Thefts) said 2008 statistics — the latest year for which data is available — released by the Automobile Theft Prevention Authority …
The consulting and actuarial firm, Milliman, reports that the Illinois Supreme Court’s overturn of caps on non-economic damages in medical liability cases will increase claim costs in that state. It’s thought that higher insurance premiums may result as well. State …
The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, the Associated Press has learned. The practice costs governments billions …
I’m not sure what to do.” One of the primary reasons why insurance agents don’t jump into the world of social media — such as blogging, Facebook, Twitter, LinkedIn, YouTube, and the myriad other Web-based avenues for reaching out to …
Scrubbing ‘Gotcha’ Clauses “Our goal is to scrub ‘gotcha’ clauses out of insurance contracts before they’re sold to Michigan consumers.” —Michigan Office of Financial and Insurance Regulation Commissioner Ken Ross is requiring insurance companies to submit to OFIR all new …
Ohio Attorney General Richard Cordray says he is encouraged by a recent federal court ruling granting class certification in a securities litigation against American International Group Inc. (AIG). The Feb. 22 ruling in the U.S. District Court for the Southern …
Remember that glossy brochure that took so much time, money and energy to produce? Chances are your customers didn’t even read it — much less use it to make an informed decision about your products and services. The fact is …
Technology Trailblazers Build Relationships, Business Receipts There’s no better time for insurance agents and brokers to delve into social networking technologies than now, according to those who study marketing and technology trends. More than four in five U.S. online adults …
$285 Million Amount sought in a lawsuit filed by the wife of a Bronx, New York man who was fatally shot by a police officer while defending his stepdaughter. The suit names the city and Officer Michael Falcione. Sandra Rodriguez …
