October 30, 2013
Todd Hergesell has joined Barney & Barney LLC in Aliso Viejo, Calif. Hergesell will work with a team of professionals offering commercial property/casualty insurance, employee benefits, workers compensation, compensation consulting, executive liability, personal lines and surety. Barney & Barney’s Orange …
October 30, 2013
A ride that jolted into motion at the North Carolina State Fair, injuring five, had been intentionally tampered with to bypass critical safety devices, a sheriff said, with the ride operator accused of assault in an investigation that a prosecutor …
October 30, 2013
Customer satisfaction with auto insurance claims handling is improving, due in large part to insurers’ improvements in managing the first notice of loss (FNOL) process and providing faster payments to claimants, according to the J.D. Power 2013 U.S. Auto Claims …
October 30, 2013
A majority of risk professionals believe expiration of the federal terrorism reinsurance program would result in a decrease of affordable terrorism coverage or, even, the total elimination of the coverage, according to a poll by the Risk and Insurance Management …
October 30, 2013
President Barack Obama’s advisers deliberately crafted his signature healthcare law to fulfill his oft-repeated promise: those who like their insurance can keep it. Even with that provision, Obama administration officials knew by June 2010 that as many as 10 million …
October 30, 2013
Catastrophe modeling firm AIR Worldwide continued its analysis of Windstorm “Christian,” which smashed into southern Britain Monday, October 28, knocking over trees, flooding lowlands, and disrupting land, sea, and air travel. The storm’s official name, “Christian,” was designated by authorities …
October 30, 2013
A.M. Best Co. has revised the outlook for the issuer credit rating (ICR) to positive from stable as well as affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a” of the property/casualty subsidiaries of XL Group …
October 30, 2013
According to a scientific study conducted by the University of Würzburg on the basis of loss data from Munich Re’s NatCatSERVICE database, “emerging countries are excessively affected by losses from natural catastrophes, as measured in terms of their economic output. …
October 30, 2013
The retail insurance franchise Brightway Insurance has opened its first store in North Carolina. Dimitri Apostle, the new owner, Apostle opened the store in Huntersville with his father, Peter. Apostle has 10 years of insurance experience and previously worked for …
October 30, 2013
Bob Rusbuldt, president and CEO of the Independent Insurance Agents and Brokers of America – the Big “I”- takes issue with a McKinsey report that claims local independent agents will soon be extinct. In this third installment from an interview …