Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019 call with analysts, Allstate Chairman, President and CEO Thomas Wilson and …
Although obese employees incur higher direct and indirect costs, the extent of obesity-related costs tends to be lower in some industrial sectors than others– including healthcare, according to a recent study in the February Journal of Occupational and Environmental Medicine. …
What makes employees happy at work? Is it pay? Is it benefits? Culture, leadership or employee development opportunities? In today’s competitive insurance job market, it’s all of those and more. Employee satisfaction comes from finding the right balance in monetary …
National The Hanover Insurance Group has appointed Matthew S. Mitchell as president of its middle market business. He has been with The Hanover for more than 13 years. He was named chief strategy officer in 2018 and previously was president …
For much of the country, ’tis the season to beware of frozen water pipes. In this month’s column, we examine two such real-life claims from the Dakotas, one personal lines and the other commercial lines. Both are good examples of …
How satisfied do you feel at your job? If you’re not ranking where you want to be with your insurance brokerage, the answer is likely “not very.” Job satisfaction is closely tied to opportunities for advancement. If you feel like …
Fair Report Privilege “The defendants’ statements were privileged; such a privilege cannot be evaded simply by relabeling a deficient claim.” — Massachusetts Supreme Judicial Court Justice Barbara Lenk stated in her opinion regarding The Massachusetts Supreme Judicial Court’s ruling that …
National Tokio Marine, Pure Group Tokio Marine Holdings has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as Pure Group. The deal was announced last October. The acquisition price was $3.1 billion. The deal was completed through …
Insurance agency personnel on average made a little more money in 2019 but they were not as happy as they were in 2018. Nearly all personnel — owners, producers and support staff — enjoyed a slight uptick in average pay. …
Barbara Galgiani has spent her entire career specializing in both recreational and commercial marine industry – marinas, boat yards, hospitality, excursion boats and marine contractors. Roughly 90% of her revenue comes from this specialty. After working as an account manager …
