Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of overlapping state laws …
A major fraud ring that staged fires and floods at South Florida homes to collect millions of dollars in claims from insurance companies has been broken up with charges against 22 people, authorities said. The alleged ringleader, Jorge Fausto Espinosa, …
North Carolina auto insurers say no rate increase is needed for auto insurance policies in the coming year. Insurance Commissioner Wayne Goodwin said the Department of Insurance has received the annual auto insurance rate filing from the North Carolina Rate …
Today, the number of women working in the insurance industry is roughly equal to the number of men, with 191,000 women and 197,000 men currently employed. Yet women continue to face a serious wage gap when compared to their male …
According to the United States Department of Agriculture’s 2007 Census of Agriculture, there were 2,204,792 farms in the United States, an increase of 4 percent from 2002. The average farm in the United States has 418 acres and $135,000 in …
A relatively quiet year for catastrophes helped the U.S. property/casualty industry achieved an underwriting profit for the first time in four years, according to A.M. Best. The industry managed its way to a nearly 60 percent increase in net income …
Crop insurance and farm bill debates have dominated the news headlines and led to uncertainty and frustration for many farm and ranchers, but insurance experts in the agribusiness industry say the property/casualty segment of this market has actually remained stable …
Those in the insurance industry have another errors and omission (E&O) risk to consider these days, and they have technology to thank for it. Anyone in the insurance industry that possesses, stores, transmits or disposes of customers’ personal information has …
Kemper Corp. Kemper Corp. is realigning its property/casualty business. This realignment will result in one property/casualty segment for financial reporting purposes, beginning with the first quarter 2014. The new Kemper property/casualty segment will consist of the following: Kemper Personal and …
Now that the new year has settled down into just “the year,” it’s a great time to inspire growth-driven agency action. But, touting what you offer the same way, year after year, can be downright dismal for everyone involved. Sure, …
