India’s proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved of capital and squeezed by regulation – but it may not pass parliament and it may not be enough. India’s …
Barclays’ new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond – the takeover of ING’s British savings and loan business and its 1.5 million customers. Antony Jenkins, previously head …
Warwick, RI, 10/10/12 – Astonish, a leading insurance digital marketing system in the U.S., today announced its integration with QQ Solutions, Inc.’s agency management system, QQ Evolution 2. QQ Solutions, Inc. is a leading provider of software and Web-based technology …
Discussing Claims with Insureds. A common and often key personality trait of CSRs and producers is that they are people pleasers, especially relative to customers. When it comes to claims, being a people pleaser can get agencies into trouble. In …
It’s not just the gas-guzzling SUVs that are hurting the driving fuel efficiency.The growing average weight of Americans is responsible for millions of gallons of additional gasoline used in the country every year, according to Allstate.
The Worldwide Broker Network, a group headquartered in San Mateo, Calif., will hold an owners conference in Shanghai, China on Oct. 17 through Oct. 20 12. The event is expected to draw a gathering of roughly 150 owners and principals …
Cooking fires continue to far exceed most home-related fires, and they are more expensive to repair, according to a new study from Nationwide Insurance. Fires that start on the stove outpace appliance, fireplace, smoking, candle or furnace fires, the study …
A teaching assistant in Southern California has been arrested on several felony counts of workers’ compensation fraud. Gerard Padilla, 45, an employee of the Los Angeles County Office of Education, has been arrested and charged with five felony counts of …
The National Council on Compensation Insurance recently filed a proposal for workers’ comp loss costs and rates increases in Connecticut.The NCCI is proposing that the Connecticut regulators approve a +7.1 percent change to the current voluntary loss costs, which went …
Holborn Corporation, a reinsurance intermediary based in New York, announced that Executive Vice President Frank D. Pierson has assumed the additional title of chief production officer.In his expanded role, he will manage Holborn’s broker staff and analytics professionals in the …
