The current property/casualty market is not a “classic” hard market, not yet anyway. While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a traditional hard market are not in place, according to property/casualty …
Oklahoma’s request for federal assistance to individuals and businesses affected by an April 15 tornado that killed six in Woodward was denied but the governor is continuing with her quest for help from the U.S. government. Gov. Mary Fallin’s office …
An Illinois judge has awarded more than $6 million to the family of a 17-year-old Loves Park girl killed by a drunk driver. Judge Edward Prochaska awarded the money to the family of Amanda Kordich. She was a Harlem High …
Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key Southeast states …
Hartford Life Insurance Company, a subsidiary of The Hartford Financial Services Group, agreed to give $24 million in premium credits to some 300,000 New York residents who bought the company’s accidental death and dismemberment (AD&D) policies. It is part of …
Here is some of the positive insurance employment news for the Southeast: Allstate In February, Allstate Insurance announced it was looking to appoint 124 new agency owners in Alabama, Georgia, North Carolina and South Carolina this year. “We see a …
Florida Gov. Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before attaching it to the state budget. Scott used his …
Donegal Group reported $8.0 million net income for 2012 first quarter — almost four times the $2.2 million net income reported one year ago. Donegal, a P/C insurance holding company headquartered in Marietta, Penn., said the $8.0 million first quarter …
Gov. Rick Perry has renewed a proclamation declaring Texas a disaster due to drought. Perry renewed the disaster status on April 20, extending a similar proclamation from last July. The governor first declared the drought a disaster in December 2010, …
A bill recently passed by Florida lawmakers could hinder the ability of some communities to participate in the federally funded flood insurance program, federal officials say. The Federal Emergency Management Agency recently wrote a letter to Gov. Rick Scott detailing …
