As the Internet continues to take hold over the independent insurance agent’s market share, the value-added services a broker can provide to their clients are more important than ever, especially in the high-net worth space. Being an advisor, and not …
The Texas House has approved a public school pilot program allowing parents to purchase supplemental concussion insurance for boys who play football and girls who play soccer. Students participating in sports already have insurance through their school districts. But the …
The policyholder owners of Texas Mutual Insurance Co. will share a $175 million dividend distribution this year, the company’s board of directors announced after a unanimous vote on May 7, 2013. This is the 15th consecutive year that the board …
The mayor of the central Indiana city of Tipton says recent flooding has caused more than $2.5 million in property damage and a loss of as much as 10 percent in its property tax base. Mayor Don Havens says in …
Insurance broker, Lockton, has promoted four executives in St. Louis to expanded roles in the risk management practice. Vince Gaffigan has been promoted to director of risk consulting. Gaffigan will have overall responsibility for all marketing and service activities. His …
A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp. over its sale of toxic mortgages to Fannie Mae and Freddie Mac, boosting a largely untested legal theory …
The Virginia Farm Bureau has launched a website for reporting farm accidents. The site, FarmAccidentReport.com, allows anyone to report accidents they witness on Virginia farms. Jimmy Maass is the Farm Bureau’s safety manager. He said the website is intended to …
The ACE Group has launched ACE Express Private Health Care Protection and ACE Express Not-For-Profit Health Care Protection policies specifically designed for the new exposures facing health care organizations. The policies address exposures such as an increase in False Claims …
Work crews are beginning to demolish storm-damaged homes in the Jersey shore town that was hit hardest by Superstorm Sandy. Minor debris removal has already started in Mantoloking, and the first of 50 storm-wrecked houses were expected to be demolished …
XL Group has launched Shariah compliant insurance cover for large corporate and middle market clients. Initially it will focus on property cover, with a maximum capacity of up to $300 million. The coveragevfinacntargets markets worldwide, with the exception of the …
