Many insurance industry professionals are living in a dream. Their fantasy is that the soft market is ending, but nothing could be further from the truth. As long as our economy stays weak, the soft market will continue. A good …
Momentous Insurance Brokerage Inc. of Van Nuys, Calif., has announced that Marifel Divinsky, former senior account manager from USI of Southern California, has joined the company as an account executive. Divinsky has more than 15 years of experience in marketing …
The financial crisis and its aftermath may yet revive the political career of disgraced former New York Governor Eliot Spitzer, the author of a new book about Spitzer says. Other politicians might have been finished by the scandal surrounding Spitzer, …
Insential Inc. has joined with Vela Insurance Services, LLC to offer an exclusive liquor program for bars, night clubs, restaurants and special events to be written on Gemini Insurance Co. paper. The program will provide a package of general liability …
Saudi Arabia’s insurance industry is poised for growth in the coming years if customers overcome misgivings about compliance with Islamic law and companies consolidate to gain critical mass. The world’s top oil exporter is one of the least-insured countries and …
The Kentucky Associated General Contractors Self Insurers Fund recently returned $8.6 million in dividends to its qualifying members. This dividend return marked the 16th consecutive year in which the Kentucky AGC/SIF has returned a dividend, bringing the total returned since …
Federal inspectors have found more than 60 serious safety violations at Massey Energy operations since the explosion that killed 29 miners, adding to fallout from the disaster that includes a wrongful death lawsuit by one of the men’s widows. Inspectors …
Mid-Continent Casualty Company, based in Cincinnati, Ohio, has named H. Michael (“Mike”) Coon president and chief operating officer. Coon succeeds Jim Pierce, who was named chairman and chief executive officer until the time of Pierce’s retirement in December 2010. Coon …
American Safety Insurance (ASI) has been selected by Willis Programs, a unit of global insurance broker Willis Group Holdings, as the insurance carrier for the Willis DealerGuard Open Lot and HailExchange programs, replacing Chrysler and Intrepid Insurance Companies. ASI had …
Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts. Some of the highlights include: Multi-Policy Discount (Farmers, Foremost and Zurich …
