Monthly Archives: <span>August 2014</span>

Selective Insurance in New Jersey Announces Officer Appointments

Selective Insurance Group in Branchville, New Jersey, announced the following appointments by its subsidiary, Selective Insurance Company of America. Kory Jensen has been named senior vice president, IT infrastructure and operations. Jensen joined Selective in June 2014. Previously, he served …

Young Agents Rate Flexibility, Career Growth Over Technology: Vertafore Survey

Technology is not an incentive when it comes to attracting and retaining millennials to the insurance industry but it can provide overall job satisfaction in terms of flexibility and career growth opportunities, according to a new survey released by insurance …

Study Finds Alcohol-Related Fatal Crashes High in Coastal Mississippi

Data from a federal study shows more people died in alcohol-related crashes in coastal Harrison and Jackson counties than most other counties in Mississippi from 2008 to 2012. Harrison County ranked second behind Hinds County. That’s according to a National …

National Weather Service Tweaks Storm Warnings

The National Weather Service Storm Prediction Center said it is adding two threat levels to its weather outlooks so people aren’t surprised by really bad storms on days with just a “slight risk” of tornadoes, hail or high winds. Beginning …

Florida Supreme Court Fate to Rest With Winner in Governor’s Race

If former Republican Gov. Charlie Crist is elected governor as a Democrat in November, all seven state Supreme Court justices might be his appointments. If Republican Gov. Rick Scott is re-elected, he could completely reshape the court that has frustrated …

Swiss Re Corprate Solutions Promotes Vetter, Names Moor to Casualty Posts

Swiss Re Corporate Solutions has named Robley Moor as head of casualty North America. With this appointment, Moor becomes managing director. He succeeds Daniel Vetter, who is promoted to global head of casualty in the Products & Global Markets unit …

How Much Credit Score Effect on Home Insurance Premiums Varies by State

Homeowners with poor credit pay 91 percent more for homeowners’ insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by insuranceQuotes.com also found that homeowners with median credit pay 29 percent …

Nationwide Mutual P/C Felt Pain of June Storms

Nationwide Mutual Insurance Co.’s property/casualty arm performed solidly in the 2014 second quarter, despite the Polar Vortex and major storm activity that hampered earnings over the first six months of the year. The Ohio-based privately-held mutual insurer booked more than …

FICO to Downplay Medical Debt in Credit Scores

A move by personal credit score provider FICO to leave out or discount medical debt from its scores will boost the credit record of many borrowers, while helping lenders to better assess risk. The company, formerly known as Fair Isaac …

Berkshire Hathaway Hires Two Sr. Execs from AIG Asia – WSJ Report

Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the matter. Berkshire Hathaway has hired Marc Breuil, who headed …