A national insurer trade organization is praising the Kansas Legislature for passing legislation (HB 2501) that includes what the trade group says are positive changes to the state’s laws regarding the credit information in insurance scoring. Provisions added to the …
The U.S. saw a significant decline in the reported value of insurance industry mergers and acquisitions (M&A) transactions in 2009, and overall global transaction values also declined further from very low 2008 levels, according to a new study by Conning …
The Independent Insurance Agents & Brokers of America (the Big “I”) announced that Ryan Young has joined the team as senior director of federal government affairs. Young, a native of Denver, N.C., joins the lobbying team primarily as a liaison …
With the U.S. Green Building Council forecasting growth in the green building market to double between now and 2013, agents and brokers can expect to see increasing client demand for green insurance coverage. Because standard commercial property insurance policies typically …
The 2010 Atlantic hurricane season will produce an above-average eight hurricanes, four of them major, posing a heightened threat to the U.S. coastline, the Colorado State University hurricane forecasting team predicted Wednesday. In its second forecast in four months for …
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of St. Louis, Mo.-based Lyndon Property Insurance Company (Lyndon Property). The outlook for both ratings is negative. Best said the ratings reflect …
A single dad from Oklahoma is the latest winner of the “Big Rig Giveaway,” sponsored by Cincinnati, Ohio-based Great American Insurance Group. Ron Terrill was on the road driving for a national motor carrier when he learned he had won …
Gov. Steve Beshear has signed into law two Senate bills that will ensure that public entities and affiliated organizations such as the Kentucky Association of Counties (KACo) and the Kentucky League of Cities (KLC) conduct their business operations under the …
Volunteer firefighters and other first-responders to emergencies in Nebraska who experience severe mental trauma are closer to getting workers’ compensation. After hours of sometimes heated debate, lawmakers on April 6 gave second-round approval to a measure critics say could be …
Colemont Insurance Brokers announced that Chrys Halyburton has been promoted to broker in the company’s Dallas office as part of the transportation team. Halyburton joined Colemont in September 2007 and has since worked as an associate underwriter for Colemont’s transportation …
