Just because some individuals purchase policies over the Internet doesn’t mean that everyone is similarly inclined. Many personal lines prospects simply aren’t comfortable buying their insurance online or over the phone, at least not yet. This uneasiness gives local-only agents …
The estate of NFL Hall of Fame center Mike Webster is entitled to collect more than $1.5 million in disability benefits because brain damage left him unable to work following his football career. A three-judge panel of the 4th U.S. …
Insurance agents want to avoid litigation, but it is not always possible. When agents become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …
Perceived risk drives the market for directors and officers liability insurance. Even before the Enron crisis, it was becoming much more difficult for financial institutionss to obtain affordable D&O insurance. Enron not only exacerbated existing trends in the marketplace; it …
The family of a New Hampshire man killed in a drunken driving crash two years ago is suing the state Liquor Commission and the woman who owns the home where his friends were drinking. Randy Holmes, 24, was a passenger …
55% The rate hike that Florida’s insurer of last resort, Citizens Property Insurance Corp., decided to delay a vote on, following requests from lawmakers to wait until after the January special legislative session. 13,000 The number of free home inspections …
Stock Prices: Stock prices have varied year-to-date among brokers. Brown & Brown Inc.’s (NYSE:BRO) stock was down 4.4 percent through Nov. 30, 2006, while Hub International Ltd.’s (NYSE:HBG) stock was up 19.2 percent for the same time period. Holding the …
Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, an increase from the 2003 average of 27 percent and up from 50 percent in 2004. A report from insurance firm Marsh …
By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas, Texas-based HM Capital has a controlling …
Frank J. Coyne, chief executive officer of Insurance Services Office, recently warned that insurers unable to keep up in the technological arms race face a grim prognosis. The industry leader said a chasm is growing between insurers using state-of-the-art analytics …
