Mississippi Insurance Commissioner Mike Chaney said property insurance rates in his state have leveled off for the time being. Chaney told a meeting of the Gulf Coast Business Club that more carriers have entered the insurance market but many of …
California is expected to pass surplus lines regulations before July 21, 2011. On that date, the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) becomes effective, and only the “insured’s home state” may tax surplus lines premium and regulate surplus …
New York insurers and insurance agents are applauding lawmakers for giving final approval to a bill that eases regulations on commercial insurance products and rates. The bill exempts insurance policies written for large commercial businesses from most rate and form …
Arthur J. Gallagher, Bushong Agency Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired retail broker Bushong Insurance Associates Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed. Bushong specializes in residential condominium and …
Liberty Mutual Group’s Edmund F. Kelly retired from active management of the company on June 28, 2011. David H. Long replaced Kelly as president and CEO. Kelly will continue to serve as chairman of the board of Liberty Mutual Holding …
More than half of all Americans receive health insurance through an employer. Let me advance a bold premise: This is not entirely a bad thing. By insuring 150 million of us, employer-based plans relieve government of the burden of funding …
Of the many possible natural disasters that could befall Californians, Golden State residents fear earthquakes the most, according to a recent poll. Statewide, 57 percent of voters cite earthquakes as their greatest threat from nature, more than twice the proportion …
A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance took effect on June 27. Meanwhile, two insurance trade associations continue to fight the regulations’ implementation. The replacement …
How much is training worth? One Motorola study reported a $30 return on each training dollar invested – a 30-to-1 return on investment. Investing in training and education obviously gives the student and the employer an advantage over the competition …
Chris Christian, CIC, RPLU, has, in her own words, “a compulsion to teach,” to go with her 26 years of insurance experience. Christian’s passion for teaching began in the Marine Corps. “One of the things you learn in the Marine …
