Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
Six Factors Create Volatility in Calif. Workers’ Comp Insurance Market
Dec 18 2009 // “Since insurance rates were partially deregulated in 1995, the California workers’ compensation insurance market has been very volatile. For reasons that go beyond price deregulation, there have been dramatic...
One-Fourth of U.S. Adult Healthcare Costs Tied to Disabilities
Dec 11 2009 // Just over one-quarter of U.S. adult health care spending was associated with disability in 2006, according to a new study by researchers at RTI International and the U.S. Centers for Disease Control & Prevention. The...
Two New Mexico Counties Get Disaster Aid
Dec 10 2009 // The U.S. Department of Agriculture in Washington has designated Grant and Luna counties in New Mexico as primary natural disaster areas due to losses caused by drought and high winds that occurred since Jan. 1. Agriculture...
One Thing Is Certain for Insurance Industry in Near Term: Uncertainty
Dec 8 2009 // The insurance industry may not see a return to relative stability and certainty for a few years as it reacts to the effects of regulatory reform, increased government intervention and potential tax law changes in the...
One Insurer Bets on Political Campaigns While Another Drops Out
Dec 6 2009 // While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Va., is offering campaigns a multiline, admitted...
Two Pennsylvania Insurance Agencies Merge
Dec 2 2009 // Pennsylvania insurance agencies, The Securus Group and The Dunlop Agency, have merged in a move they say is aimed at bolstering their market share in the Lehigh Valley and South Central regions of the state. The merged...
Six Former Employees at Maine College Claim Age Discrimination
Dec 1 2009 // Six former employees of the University of Southern Maine who lost their jobs in a consolidation move are claiming they were discriminated against because of their ages. The former employees, between the ages of 55 and 65,...
One Insurer Bets on Political Campaigns While Another Drops Out
Nov 24 2009 // While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Virginia, is offering campaigns a multi-line, admitted...
Three Ex-Marsh Exec Acquitted in Spitzer Bid-Rigging Case
Nov 15 2009 // Three former Marsh Inc. executives have been acquitted of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led...
Two People Injured in New York City House Explosion
Oct 28 2009 // New York fire officials say two people have been injured in an explosion that badly damaged a two-story home in the Flushing section of Queens. A Fire Department spokesman says one person was hospitalized with non-life...
Three Ex-Marsh Executives Acquitted in Bid-rigging Case
Oct 27 2009 // Three former Marsh Inc. executives were acquitted Monday of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led...
Two Louisiana Agents, Eight Employees Told to Stop Selling Insurance
Oct 9 2009 // The Louisiana Department of Insurance reported it has issued cease and desist orders to two West Monroe, La.-area agents for allegedly allowing unlicensed employees to conduct the business of insurance. Eight unlicensed...
Six Texas Cities to Receive Smoke Alarms
Sep 30 2009 // Firefighters in six Texas cities will be installing smoke alarms into the homes of low income and elderly residents thanks to this year’s “We’re Out to Alarm Texas” smoke alarm campaign. The program...
Two Californians Nabbed for Auto Insurance Fraud
Sep 14 2009 // Two residents of San Jose, Calif., have been arrested on automobile insurance fraud charges, after one of them attempted to buy insurance immediately after an accident. “Insurance fraud perpetrators drive up the cost...
Three CGL Endorsements Every Insured Should AVOID
Aug 20 2009 // Endorsements to the commercial general liability (CGL) policy are highly specialized. A high percentage are either exclusionary or extend protection to distinct classes of additional insureds. Most of the remaining...
One Worker Killed in New York City Scaffold Collapse
Aug 20 2009 // A construction worker fell five stories to his death when part of a scaffold collapsed in Brooklyn, police said. The worker had been resurfacing bricks on an apartment building’s facade in the Park Slope section when...
Four Commercial Auto Endorsements Every Insured Should Consider
Aug 18 2009 // Insurance Services Office (ISO) lists more than 100 endorsements available for use with the business auto policy (BAP) (the total number varies by state). Out of that heap of policy-altering endorsements, most designed to...
Three Commercial Property Endorsements Every Client Should Have
Aug 13 2009 // Several weeks ago, MyNewMarkets.com posted a two-part series regarding coverage gaps and selling to those gaps. “Gaps That Sell” and “Three Homeowners’ Policy Gaps that Sell” detailed the...
Two Typhoons Slam into Eastern Asia; Powerful Earthquake Strikes Japan
Aug 10 2009 // Typhoon Morakot wreaked havoc in Taiwan over the weekend, making landfall late on Friday in Taiwan’s Hualien County with sustained winds of 148 km/h (92 mph). “As of Friday, Morakot had generated only 100 mm (4...
Three Homeowners’ Policy Gaps That Sell
Aug 3 2009 // Skillful introduction and explanation of the following three “common” coverage gaps will likely result in the addition of a new homeowners’ client. Further, each of the three listed gaps is easily closed...
