January 13, 2014
West Virginia’s Governor sees the “light at the end of the tunnel” in the chemical leak that has compromised water service for about 300,000 in the state. Residents face a fifth day without drinking water as state and water authority …
January 13, 2014
BP Plc’s $9.2 billion partial settlement over the 2010 Gulf of Mexico oil spill was upheld by an appeals court over the company’s protest that the deal wasn’t valid unless a claims-payment dispute was resolved in its favor. The U.S. …
January 13, 2014
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc. to Bayerische Motoren Werke AG are racing into this …
January 13, 2014
Garlock Sealing Technologies LLC, a unit of EnPro Industries Inc., emerged victorious after a trial with official representatives of asbestos personal injury claimants. Adopting the company’s estimate, U.S. Bankruptcy Judge George R. Hodges in Charlotte, North Carolina, concluded that $125 …
January 13, 2014
While Ohio has traditionally had some of the lowest auto insurance premium rates in the country, going forward some Ohioans may see their rates rising. That’s because an increase in the state’s minimum limit of coverage for financial responsibility went …
January 13, 2014
Most occupational frauds are discovered by an anonymous tip, experts say, and fraud reporting mechanisms such as hotlines are encouraged as effective means of uncovering and discouraging employee fraud. The Association of Certified Fraud Examiners (ACFE) recommends that hotlines should …
January 13, 2014
Iowa officials say a new insurance symposium set for next year in Des Moines is aimed at bringing top industry experts to the area. Iowa Insurance Commissioner Nick Gerhart said the two-day Global Insurance Symposium will attract industry experts and …
January 13, 2014
Waukesha, Wis.-based R&R Insurance Services Inc. has welcomed Josh Timm as account executive. Timm has more than 10 years of insurance industry experience. He has held multiple sales, marketing and service positions with various insurance carriers including Wausau, Philadelphia Insurance …
January 13, 2014
If there is anything that exists in the insurance distribution industry, its ego. This is why agency performance benchmarking is so important. The industry is also fortunate to have a level playing field. Most independently held and bank-owned insurance agencies …
January 13, 2014
Skilled Labor Shortage and Lax Safety Could Injure Construction Insurance Market For agents and brokers serving the contractors and subcontractors market that barely scraped by during the recession, the year 2013 brought some improvement and the new year 2014 promises …