Sudden Break-Up “We will not be closing any offices or exiting any markets. While we regret these employees’ decision, our focus continues to be on our clients and ensuring that any transition is seamless.” —CRC Insurance Services CEO Tom Curtin, …
Martha A. Lees has been named deputy superintendent and general counsel for the New York State Insurance Department. She advises the superintendent on legal matters and oversees the preparation of legal opinions, the promulgation of regulations and the management of …
W.R. Berkley, Verus Underwriting Connecticut-based insurer W. R. Berkley Corp has launched Richmond, Virginia-based Verus Underwriting Managers, a subsidiary that will provide property and casualty excess and surplus lines coverage and underwrite on behalf of W. R. Berkley Corp. Dale …
Agency Employs Objective Data on Producers’ Skills Paired with Individualized Sales Training In the current economy, the pressure is really on. It’s not enough to just sell the product – you want your sales people to be best equipped to …
A man paralyzed from the waist down in a snow-tubing accident in Virginia is suing the parent companies of Massanutten Resort for more than $25 million. John Carwile was injured after his head hit the wall at the end of …
Suspicious insurance claims from staged accidents are on the rise – and nowhere more than in New York and Florida, two states with no-fault statutes. Overall, the number of questionable claims from staged accidents increased by 46.3 percent from 2007 …
Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along Broadway. All around the …
The insurance industry is not as quick to adapt to change as other industries,” but independent insurance agents need to acknowledge that having “a Web presence is non-negotiable,” said Michael LaRocco, president and CEO of Fireman’s Fund Insurance Companies. A …
$2.25 Million Settlement reached between the City of Camden, N.J. and the families of three boys, aged 5 to 11, who died in the trunk of a parked car as police searched for them in 2005. Police scoured Camden after …
To alleviate concerns about homeowner under-insurance, the California Department of Insurance has proposed regulations governing standards and training for estimating replacement value on homeowners’ insurance. CDI hosted a hearing to garner feedback on the regulations on May 17 in Los …
