A fourth major auto insurance company in New York has reached a compliance agreement with the New York Department of Financial Services (DFS) regarding DFS’ final regulation against discriminatory auto insurance rates. Progressive has informed Financial Services Superintendent Maria T. …
A forensic pathologist testified that injuries killing a Penn State fraternity pledge last year might not have been fatal if fraternity members had summoned help more quickly. Dr. Harry Kamerow took the stand in a preliminary hearing to determine if …
The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up environmental contamination caused by manufactured gas plants owned by its predecessor during years when there was no pollution property damage …
Risk managers are very concerned about the cyber risks facing their companies and are heavily investing in protection against cyber attacks with the blessings of their boards and CEOs, a major shift from even just 10 years ago when convincing …
The evolution of the small businesses is creating a service challenge for independent agents and an opportunity for carriers to provide efficient and effective solutions for their agent partners by expanding their service center capabilities. While there was a time …
A new book called “Start with Why” by Simon Sinek covered this topic and gave us inspiration for this article. In the book, Southwest Airlines founder Herb Kelleher talked about how his hiring practices of not hiring “for skills [but …
Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection between disruptive technology and traditional insurance products …
Dog bites and other dog-related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $700 million. That’s according to the Insurance Information Institute (I.I.I.) and State Farm, the largest writer …
Hub International Ltd., Rubino Enterprises Inc., Leitao Insurance Agency Hub International Ltd., a global insurance brokerage, has acquired the assets from Rubino Enterprises Inc., formerly known as TYG Insurance Agency Inc. Based in Arlington, Mass., TYG Insurance provides commercial and …
This issue of Insurance Journal features exclusive results from the 2018 Young Agents Survey where more than 500 young agents nationwide shared their views on the insurance industry and their experience as an agent. (See page 18 for the full …
