New York’s Metropolitan Transportation Authority (MTA) has a wholly owned insurance subsidiary, a captive insurer called the First Mutual Transportation Assurance Company (FMTAC), that will provide part of the coverages for liability and property losses stemming from the Dec. 1 …
Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New York-based commercial insurance research and data …
Liberty Mutual Holding Co. Inc. today reported net income of $481 million for its 2013 third quarter, a 3.4 percent jump from $465 million profit reported one year ago, reflecting improved core underwriting results. “The third quarter reflected a continuation …
Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New York-based commercial insurance research and data …
Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation reporting. Plaintiff attorneys say the case could involve …
At Mackoul, Sharing Successes and Overcoming Adversities At Mackoul & Associates, every success is celebrated together with its staff. And during times of need, everyone comes together and supports one another, as witnessed during last year’s Superstorm Sandy. The New …
As the economy rebounds from the Great Recession, the restaurant industry also is enjoying a gradual recovery, according to industry observers. Many restaurants – especially smaller, single-unit operations – continue to face headwinds, but there is also a sustained recovery …
Pennsylvania State Sen. John H. Eichelberger Jr. (R – Blair) is an insurance professional who has achieved success in two highly competitive worlds: insurance agency business and legislative politics. Eichelberger has been involved in insurance and politics since his college …
The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers’ CEO Jay Fishman explained his company’s personal auto strategy at the Barclays Capital Global Financial Services Conference in New York last week. …
Running a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They manage to juggle multiple careers in insurance and politics. Pennsylvania State Sen. John H. Eichelberger Jr. (R – …
