The Future of Producer Compensation
It is a fact that many people with the title “producer” don’t produce. They service and they accept what comes to them, but they do not produce. It is also a fact that companies are going to find a way …
Paper: $110M Worth Of Homes Lost In Colorado Wildfire
A newspaper’s analysis indicates that Colorado’s most destructive wildfire burned homes worth a total of more than $110 million in one of the neighborhoods affected by the blaze. The Denver Post reports the actual losses are expected to run much …
Most Colo. Counties Qualify For Drought Assistance
Agriculture Secretary Tom Vilsack says 62 of Colorado’s 64 counties qualify for federal disaster relief due to drought conditions. Gov. John Hickenlooper says Vilsack notified him Tuesday that he was designating all of the state’s counties, except Delta and San …
Lees Named Atlas Chief Marketing Officer
Bruce Lees has been named chief marketing officer for Atlas General Insurance Services. Lees’ range of responsibilities includes broker management, assisting with the development of new business opportunities and providing oversight of Atlas program services. Lees has more than 20 …
Weather Forecasters Say El Nino Could Return in Q3
The feared El Nino weather phenomenon could strike as early as the third quarter of 2012, raising prospects of wreaking weather havoc from North and South America to Asia, the U.S. Climate Prediction Center (CPC) said on Thursday. “Overall, the …
Agents Seek Diversified Role in Group Health/Benefits Arena
In recent years, a growing number of independent property/casualty agencies and brokerage firms have begun offering group health/benefits services to their clients.
More Than 195K Still Without Power in Virginia
More than 195,000 Virginia homes and businesses remain without power after last week’s storms, down from a peak of about 1.2 million.
Vermont Seeks Immunity From Workers’ Overtime Lawsuit
The state can assert it is immune from a lawsuit by more than 700 state employees, a judge has ruled, in a case where the workers say they were paid hourly rates when they worked more than 40 hours a …
Walmart, Target to Pay Mass. $232K for Prescription Drug Overcharges
Walmart and Target Corporation will pay $232,000 to cities and towns across Massachusetts to settle allegations that the companies allegedly overcharged public agencies for prescription drugs through the workers’ compensation insurance system.Massachusetts Attorney General Martha Coakley announced the settlement on …
N.Y. Regulator Seeks Insurer Data in 9/11 Case
New York’s top insurance regulator has directed insurers to detail payouts and reserves for claims in the 2001 World Trade Center attacks in an effort to prompt settlement of the decade-old federal case. Benjamin Lawsky, superintendent of the Department of …
