Progressive has launched national advertising for its “Pay-As-You-Drive” program, Snapshot, which offers drivers discounts of as much as 30 percent based on real-time analysis of their driving habits. Over the past few years Progressive has been refining its program, also …
Legal advisers shut down a South Carolina fund proposed by Spartanburg County leaders and Gov. Nikki Haley’s office that would have paid medical bills for dozens of people hurt by a children’s train ride crash, according to a newspaper report. …
Violent, Widespread “I’ve never seen anything this violent and this widespread.” —Alabama Insurance Commissioner Jim Ridling. Insurance Capacity “This is why people have insurance. The industry has the capacity and it shouldn’t have an impact on rates unless we see …
Argus Fire & Casualty A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a subsidiary …
A Long Recovery “It’s a long drawn out process. … Some places will recover faster than others.” —Arkansas Gov. Mike Beebe said recovery in Arkansas from flooding that has shut down parts of the state will be long term with …
The Sales Story of How I Bought My Cool New Car I just acquired a shiny new car. I bought it from a relatively young salesperson instead of from the veteran who sold me my last one. This column points …
More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a hurricane, three times the number located in federally defined flood zones, according to a report released Tuesday. The report by …
Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into lawsuits over claims even though they’ve done nothing …
Demotech Inc. Reveals Leading Multi-State P/C Carriers The original criteria and objective definition for Super Regional P/C Insurers™ was established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of …
Commercial property/casualty pricing declined again with an average decline of 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down. The market showed signs that the …
