July 18, 2011
Aggressive truck drivers are nearly three times more likely to have a collision than drivers who are drowsy, a recent study suggests. San Diego, Calif.-based DriveCam’s Driving Insights Series analyzed the difference between collision and non-collision drivers’ conduct and condition, …
July 18, 2011
Insurance agents tend to give a greater share of their business to insurers with whom they are highly satisfied, according to a J.D. Power and Associates Insurance Agency Satisfaction Study-Personal Lines. The study, based on responses from 2,316 insurance agents …
July 18, 2011
Novato, Calif.-based Fireman’s Fund Insurance Co. named Bill Kenny vice president of tax. He will lead the tax function for Allianz of America in the United States, and will lead the teams responsible for tax accounting, tax planning, tax analysis, …
July 18, 2011
Changes in agent-licensing procedures mean New Yorkers can now print and renew their licenses online and Connecticut agents will now only be able to file licensing documentation electronically. In New York, agents, brokers and other licensees of the New York …
July 18, 2011
Lori Dickerson Fouché was named president and CEO of Fireman’s Fund Insurance Co., making her the company’s fourth CEO in recent years. Fouché succeeds Michael LaRocco, at the helm of one of the nation’s largest property/casualty companies. Her appointment means …
July 18, 2011
An Insurance Journal poll on agents’ use of social media conducted in January and February showed that 62 percent of respondents’ agencies had some involvement in social media. Granted, there were only 13 voters in the poll, so it obviously …
July 18, 2011
Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s …
July 18, 2011
The logging and forestry industry has suffered dramatically since 2006, with the amount of lumber being harvested dropping by half to 5 billion from 10 billion since then. Underwriters in this class agree that it has been a rough road …
July 18, 2011
A conservative think tank is giving the state of Vermont high marks for insurance regulation. The Chicago-based Heartland Institute says that Vermont has the best property and casualty insurance marketplace and the best regulators. The institute annually rates the states’ …
July 18, 2011
Maryland-based agency Palumbo Insurance Associates has named Edmund Thomas Palumbo account executive. Palumbo, a licensed insurance producer since 2007, worked in sales and insurance before joining the Marine Corps Reserve in 2008. He will be working with clients in all …