As high unemployment persists and the global economic recovery remains halting and uneven, the “resume tsunami” seems to have subsided to a “resume riptide.” According to Deloitte’s latest global talent survey, “Talent 2020,” four out of five (80 percent) employees …
A number of analysts have issued favorable comments for Marsh & McLennan Cos.’ Chief Executive Officer Brian Duperreault and his successor, Chief Operating Officer Dan Glaser, who was officially designated by the company on Sept. 20 to take over the …
Today, the homeowners insurance marketplace in Florida is dominated by carriers that were start-ups in the 1990s. Many of them grew by participating in takeout programs initiated to reduce the policy count acquired by the Florida Residential Property Casualty Joint …
Among the top recommendations made by a consulting firm hired by Texas insurance regulators to investigate and report on ways to restructure the state’s property insurer of last resort in coastal areas is to reduce agent commissions. Alvarez & Marsal …
If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance companies have long been immune to traditional insurance company regulation because of their …
Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the bundling auto and homeowners policies. Overall satisfaction averaged 785 in 2012 (on a 1,000-point …
I strongly believe the annual membership with Academy of Insurance is very beneficial for us as we design employee educational programs. Working in the insurance industry, you never stop learning; through the annual membership, we have access to great webinars …
U.S. Risk Insurance Group Inc. named Tim Troester vice president and branch manager for the newly formed Portland, Ore., branch of U.S. Risk Brokers Inc. Troester’s focus at U.S. Risk will be to develop relationships and expand all lines of …
More than 2 million homes in California face “extreme wildfire hazards,” over 400,000 of which are in Los Angeles County, according to a study from an insurance industry group. A separate study shows at least three-quarters of a million homes …
It has been years since a major hurricane hit Florida, and the good news for Floridians is that property insurers are filing applications to write policies in the state again. But there’s a plan being hatched by the board of …
