Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones in an agency who should be …
Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines of business. Rich Soja, executive vice president …
Insurance Brokers and Agents of the West (IBA West) is working to persuade the California Department of Insurance to phase-in implementation of provisions of a new law (AB 2782) that will require property/casualty insurance agents and brokers starting next year …
An Ingham County Circuit judge has stopped Blue Cross Blue Shield of Michigan from implementing rate increases as high as 66 percent for some seniors. Tuesday’s preliminary injunction also requires a public meeting be held. The Michigan attorney general’s office …
Many states are making progress toward making roads safer, but Oregon and Washington do the best of promoting roadway safety with traffic laws, according to a new report by the Emergency Nurses Association. The report indicates that Minnesota, Arkansas, Louisiana …
The New York Insurance Association elected new officers and directors at its annual meeting last week. Richard Zick, president and CEO of Utica First Insurance Co., will serve as chairman. Other officers will be First Vice Chair Jeffrey Rice, president …
The U.S. property and casualty industry continued to experience modest growth in premiums written while essentially breaking even on underwriting with a calendar year combined ratio of approximately 100 percent, according to an SNL Financial analysis of preliminary third-quarter statutory …
Hiscox USA and Reno, Nev.-based Employers have joined forces to provide small businesses workers’ compensation insurance through Hiscox Small Business Insurance. The offering is direct-to-small business, online insurance that offers quotes and sales in real-time, Hiscox Small Business Insurance enables …
Houston-based HCC Insurance Holdings Inc. has promoted Jonathan Lee to vice president and treasurer. Lee has been with HCC for almost 15 years and has held various financial positions with the company, most recently as assistant treasurer, director of Investor …
Insurance Network of Texas is one of Baylor University’s Institute for Family Business 2010 Texas Family Business of the Year award finalists. The independent agency was among the finalists for this award along side a select group of top Texas …
