July 6, 2010
New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form of insurance fraud under state law. Under …
July 6, 2010
An area of disturbed weather over the southeastern Gulf of Mexico could strengthen into a tropical storm later this week, the U.S. National Hurricane Center said Monday. If it revs up to cyclone force, the system would become the second …
July 6, 2010
Zurich Financial Services Group announced that its Z Zurich Foundation has signed an agreement with ETH Zürich to endow a new professorship for Risk and Insurance Economics in the field of Integrative Risk Management. “This emerging discipline seeks to establish …
July 6, 2010
ACE International has appointed Perrine Kalina to the new role of Engineering Coordinator and Assistant Underwriter to its Environmental Risk team. She will “provide underwriting support to ACE’s environmental teams in the UK and Ireland and Continental Europe,” said the …
July 6, 2010
The overall findings of a U.N. panel report were sound, despite concerns that errors had corrupted the credibility of its conclusions, said a Dutch agency charged with conducting a review. The PBL Netherlands Environmental Assessment Agency launched its review at …
July 6, 2010
Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the world’s fifth-largest crude oil exporter, depends on its seaborne …
July 6, 2010
The Arizona Chapter of the Chartered Property Casualty Underwriters Society recently elected its 2010-2011 officers. The CPCU officers include: President David Gutman of CNA Insurance, Vice President Tom Gutierrez of MetLife Auto & Home, Treasurer Lisa O’Brien of State Farm, …
July 6, 2010
Reno, Nev.-based workers’ compensation insurer Employers Holdings has announced the elimination of 161 positions, including 44 at its headquarters. Employers Holdings offers workers’ compensation insurance to about 44,000 small businesses in 30 states. After the cuts, the company has about …
July 6, 2010
Recently, Leads360 published a breakthrough study explaining how many times your company should be calling each of leads that it purchases or generates. We received a lot of great feedback, but one of the questions that commonly came up was, …
July 5, 2010
How to Make Wholesale-Agent Partnerships Work It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a much needed asset to retail …