Iran said on Monday it was ready to return to talks on a nuclear fuel swap, a surprise that came shortly after the European Union agreed tougher sanctions, including a block on oil and gas investment. EU foreign ministers approved …
Insurance Australia Group (IAG) announced that, based on preliminary results, it expects to post an insurance profit of A$493 million (US$445 million) for the full year of 2010, a decrease from the A$515 million (US$465 million) it reported for the …
Connecticut residents are running out of time to file federal damage claims from the March flooding that affected the eastern half of the state. Anyone with property damage has until today to file with the Federal Emergency Management Agency. Tuesday …
Maryland-based wholesale brokerage All Risks Ltd. has promoted Deanna Deardorff, has been promoted to director of corporate underwriting. Deardorff, a 27-year veteran of the firm, has served as underwriter, team leader, unit manager and project manager for initiatives related to …
Furthering his commitment increase public scrutiny of health insurance rate filings, California Insurance Commissioner Steve Poizner announced that consumers can now be notified via e-mail when new health insurance rate filings for the individual market are made. “We want as …
Momentous Insurance Brokerage of Van Nuys, Calif., has announced a strategic partnership with Doodson Entertainment, a specialist brokerage firm in the United Kingdom and the United States, to bring enhanced capability in placing non-appearance and event cancellation insurance solutions. Non-appearance …
The Hanover has appointed Michael H. Lee as branch vice president for Commercial Lines for the company’s New Hampshire and Vermont markets. In this new role, Lee will lead the company’s efforts to strengthen its presence in these states by …
Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece of the $20 billion BP Plc has set aside to compensate residents for spill-related losses. Adjusters passing out emergency funds in Louisiana …
The House of Representatives will try to advance an overhaul of auto safety laws when Congress returns from its August recess, a top lawmaker said recently. Rep. Henry Waxman, the chairman of the House Energy and Commerce Committee, said he …
Pareto was right. The 80/20 rule works in insurance. If you applied the 80/20 rule to your book you’ve probably discovered that the top 20% of your clients generate 80% of your revenue. Now what do we do with this …
