Crisis in S.C. “The costs associated with the workers’ compensation system are increasing at a faster rate than in other states. That, coupled with the large assessment for the Second Injury Fund, creates an unstable environment for workers’ compensation insurance. …
Tom Rodell, resident managing director of Aon Risk Services of San Francisco, has been named the 2007 chairman of The Council of Insurance Agents & Brokers, the first person to serve twice in the key leadership position. Rodell succeeds Charles …
Stock Price Activity: Brokerage stocks have varied through the first three quarters of 2006. Brokers such as Hilb Rogal & Hobbs and Hub International are having an exceptional year, with their stock trading up 11.7 percent and 13.0 percent respectively. …
Imagine for a moment a state legislator introducing a bill that made it illegal for businesses to pay year-end bonuses to their sales forces. Then imagine that this piece of legislation also made it mandatory that all businesses provide written …
Florida Republican chief financial officer candidate Tom Lee and Democratic candidate Alex Sink presented two divergent viewpoints of the state Cabinet job they are seeking and the experience needed to accomplish its demands during a recent forum. Speaking to the …
Economic outlook “The challenge for both the Federal Reserve Board and the U.S. economy is that this period of sub-par growth is likely to have little impact on inflation and short-term interest rates.” Gail D. Fosler, executive vice president and …
The nation’s bank holding companies increased their total insurance revenue 1.1 percent to $21.4 billion in the first half of 2006 from $21.2 billion during the same period in 2005. Bank holding companies’ income from insurance brokerage fees rose more …
Officials have begun inspecting bridges and roads across Hawaii, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but no reported fatalities on Oct. 15. At least one …
The midterm race for Georgia Insurance Commissioner pits a veteran politician against an attorney in his first foray into politics. Each candidate has an ‘x’ in his three-syllabled surname — but that’s where the similarities end. In a contest that …
The Ohio Department of Insurance announced that an investigation has led to the guilty plea of former insurance agent James Moneypenny of Seville, Ohio. Moneypenny, who pleaded guilty to insurance fraud, money laundering and securing writings by deception, defrauded an …
