Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has ruled. The state’s high court has overturned an appellate court that had held that because an appraiser’s estimate is an opinion, …
When I was a regional advisor for a multiline insurance company we were always looking for ways to help agents build more profitable agencies. The most successful agents invariably had a system to promote life insurance sales. The extra revenue …
Industry’s $40M Research Center May Someday Lead to Lower Catastrophe Claim For those who question the intelligence of insurance companies, here’s a new industry development that should answer those questions once and for all: The insurance industry is ecstatic because …
A new federal job safety study finds North and South Carolina among the country’s safest states in which to work. But some experts doubt whether the rates accurately reflect which states are safer. North Carolina’s rate of injuries or illnesses …
Keeping up with technology can be mind-boggling, even if you’re not the type of person who calls for tech support every time your computer crashes. After all, the past decade has given birth to the iPod, then the iPhone, then …
How Insurance Companies Can Live to Be 100 and Beyond Companies that seek longevity in the insurance industry should not focus solely on increasing profits. That’s the assessment of Robert P. Hartwig, president and economist for the Insurance Information Institute. …
Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said he’s “very bullish” about …
Privately held insurance broker Lockton Companies expanded its St. Louis, Mo., office with the addition of Timothy George as vice president and producer. George comes to Lockton after more than 20 years at Aon Risk Services, where he most recently …
Too Long to Wait “Four years is too long a period to wait when you know what is going on is just not right and not correct. … Anywhere else in business they’d kick a guy out on the street …
Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end …
