May 14, 2013
Jurors have begun deliberations in a breach of contract case against casino giant Las Vegas Sands after hearing conflicting stories from lawyers about the role a Hong Kong businessman played in helping the company enter the lucrative Chinese gambling enclave …
May 14, 2013
The Woodlands Financial Group’s TWFG Insurance Services division has named 20 as outstanding performers and producers for the year 2012, the company announced. In addition to annual awards in seven categories, seven agents were inducted into the company’s President’s Club. …
May 14, 2013
Fire officials are poised for a tough wildfire season after another dry winter across much of the West, and made more challenging because federal budget cuts mean fewer firefighters on the ground, Interior Secretary Sally Jewell said Monday. Jewell said …
May 14, 2013
Mobility technology is changing the way the insurance industry operates. But when it comes to working on the go, nothing is as important as mobile device applications. But what apps do independent agents use most? What apps are the most …
May 14, 2013
American International Group Inc. (AIG) has named Anthony Philip as president and CEO of American International Company Limited (AIG) in Bermuda. Philip, a native of Bermuda, will assume his new position effective immediately. He succeeds David Valzania, who was recently …
May 14, 2013
The medical professional liability insurance (MPLI) market was one of the most profitable lines of business in the United States for the past five years, according to a new report. MPLI posted an average calendar year combined ratio of 87 …
May 14, 2013
If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top. The lack of standardization of policy forms contributes …
May 14, 2013
Many homeowners do not understand what exposures are covered under their home insurance policy, according to a new consumer survey. More than two in five Americans (41 percent) believe that a standard homeowner’s insurance policy protects against mold damage, according …
May 14, 2013
The hurricane season is almost here and Georgia Insurance Commissioner Ralph Hudgens is inviting the public to attend the 12th Annual Hurricane Preparedness Expo on June 15.This free event will be held at The Home Depot located at 1901 E. …
May 14, 2013
The Mexican unit of insurer Marsh & McClennan Companies Inc said on Monday it is launching a policy that will cover terrorism, organized crime and sabotage, the first such policy available in a country wracked by drug-related violence. Mexico’s ongoing …