I recently bought one of the new airline travel insurance policies. I’m on planes all the time visiting agencies and speaking across the country, so this new product appealed greatly to me. Many of my flights suffer lengthy delays and …
Personal auto insurance companies increased their rates by an average of 2.1 percent countrywide in 2014, according to insurance consulting firm Perr & Knight’s RateWatch reports. The three states with the highest overall increases were: Michigan, 5.2 percent Georgia, 4.7 …
Bandit Towing “Towing charges, which should amount to a few hundred dollars, often skyrocket to a few thousand dollars once the bandit tow truck operator hauls the vehicle away from the accident scene.” —National Insurance Crime Bureau Special Agent Doreen …
Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The 30 largest auto writers by market-share …
While casualty insurance rates are stable and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. Following are 10 key trends Marsh expects will shape the …
Brown & Brown, Global Benefit Strategies Florida-based national insurance broker Brown & Brown Inc. announced that its New Jersey-based subsidiary Brown & Brown Metro Inc. has acquired certain assets of Global Benefit Strategies in Morristown, N.J. Terms of the transaction …
Rick Keegan, president of the Construction Business Unit at Travelers says that construction specialists must help contractors understand that the changing labor force dynamics require proactive risk management to ensure the potential for cost and adverse experience is mitigated. “A …
Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample insurance coverage is available for both commercial …
Unpaid internships, illegal background checks, pregnancy and health-related employment discrimination continue to be the top trending employment practices litigation cases, according to industry experts. Claims costs are rising, in part due to the length of time it takes to resolve …
Leads are the fuel that powers an agency’s sales engine. And if you run out of fuel — or you’re trying to run your diesel engine on gasoline — you’re not going to make it very far. This is precisely …
