Louisiana Insurance Commissioner Jim Donelon has approved an overall base rate decrease of 3.5% for homeowners policies issued by State Farm Insurance Co. in Louisiana. State Farm provides homeowners’ coverage to more than a quarter of a million policyholders in …
Workers’ compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends to be paid out two months earlier than scheduled. The company said it has historically paid dividends in June, but due to the coronavirus pandemic it …
Texas’ property insurer of last resort for wind and hail in counties along the state’s coastline is temporarily reducing the amount of premium due in order to issue a policy and providing 75 days to pay the remaining premium. The …
The spring months usher in a time of growth and change and often serve as a catalyst for organizing and reevaluating personal lives and careers. For the insurance industry, the season can bring a fresh wave of opportunities for producers …
East The Hilb Group, D.F. Dwyer & Associates The Hilb Group LLC has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC. The transaction became effective February 1, 2020. Based in Newport, R.I., DFD provides a full …
Agency owners can make their lives easier and richer if they follow one simple rule: Run their agency as a business. This means doing what businesses do, including working on the business rather than just in it. This is solid …
COVID-19’s lasting effect on hiring will force insurance organizations to make difficult staffing decisions. It isn’t the norm for me to write a budget and planning article in April; I assume the same can be said for your company but …
The death toll from the coronavirus keeps rising. So too does the economic toll. The crisis has decimated huge sectors of the economy, leading to unprecedented unemployment and business closures. It has been a time of foreboding and tragedy for …
While consumers may have more time to consider their insurance needs during this period of stay-at-home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t necessarily contacting their insurance agents with requests for quotes. Insurance …
I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.” That’s Richard Levick speaking. Levick, who has a public affairs, crisis and reputation risk …
