UK-based Castel Underwriting announced the launch of a “new club style MGA formation platform that provides experienced and entrepreneurial underwriters with stable capacity and a fast-track route to creating their own businesses.” The new venture is headed by the former …
Following a Board of Directors meeting, London-based Steamship Mutual announced that it has “reviewed the Club’s open policy years, as well as claims in earlier years, and considered the premium ratings required for the 2014 policy year.” On the basis …
This post is part of a series on insurance marketing and training sponsored by Astonish. In the first part of this series, we looked at the importance of setting goals when it comes to motivating your employees. Another, equally important …
A recent report from McKinsey & Co. had some bad news for local property/casualty insurance agents— many of them will be out of business within the next five to 10 years. McKinsey contends that “the economics of the traditional agent …
Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New York-based commercial insurance research and data …
D.A. Gohil’s family is still rebuilding its convenience store business in Nicholas County, a year after Superstorm Sandy buried parts of West Virginia in wet, heavy snow that collapsed roofs and pulled down power lines. The thick snow from the …
An Alabama woman has filed suit seeking $5 million from the owners of a Kentucky motel where she says she was infected with Legionnaire’s disease. Vera Ann Johnson and husband John Allen Johnson of Wedowee filed suit in circuit court …
A decade after a back-and-forth legislative battle that saw both doctors and lawyers visiting the state capitol by the hundreds – perhaps thousands – to argue for or against tort reforms that led to state law modifications in 2003, the …
Two U.S. senators representing New York State, Sen. Charles Schumer and Sen. Kirsten Gillibrand, this week called on Federal Emergency Management Agency (FEMA) to extend the statute of limitations for Sandy victims seeking to legally challenge their flood insurance payout …
Ounce by ounce, 30 Ferndale, Mich., city workers began to change their lives one year ago. Today, they are 1,0521/2 pounds lighter, and they’re saving the city big bucks – an estimated $131,000 this year alone – in health care …
