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Toyota Says Drivers, Not Throttle, to Blame for Unintended Acceleration

Toyota Motor Corp. said on Wednesday its investigation of nearly 2,000 cases of unintended acceleration had found no problem with its electronic throttle system, and that driver error was to blame in some cases. The world’s top automaker made the …

State Auto Estimates Pre-Tax Cat Losses of $55M – $60M in Q2

Columbus, Ohio-based State Auto Financial Corp. announced preliminary estimates of losses due to second quarter 2010 catastrophe storm activity. The company expects second quarter 2010 results will include between $55 and $60 million in pre-tax catastrophe losses. STFC has averaged …

Keystone Adds Hall & Clark, Ison as Kentucky Partner Agencies

Keystone Insurers Group has added two more franchisees to its expanding list of Kentucky partner agencies. Hall & Clark Insurance Agency in Prestonsburg and Ison Insurance Agency of West Liberty join KIG’s 17 Kentucky partners and more than 210 independent …

Allstate: Burglary Claims in Texas Jump 9% in 2009

The number of home burglary claims for Allstate Insurance customers in Texas jumped 9 percent last year. With many Texans taking trips this summer, the insurer is encouraging people to keep their homes locked-up and their vacation plans under wraps. …

Georgia Insurance Chief Oxendine Appeared in Video for Campaign Donor

An Atlanta TV station is reporting that State Insurance Commissioner John Oxendine appeared in a video promoting a hospice business whose top corporate officer can be linked to $57,000 in campaign donations. According to a report from WAGA-TV, in the …

Hanover Estimates $85 Million Catastrophe Loss for Q2

Worcester, Mass.-based The Hanover estimated its pre-tax losses resulting from catastrophe events in the second quarter of 2010 to be approximately $85 million. The majority of the losses were associated with six significant events, including two severe hail and wind …

Virginia Start-Up Hilb Group Acquires North Carolina, New York Agencies

The Hilb Group, a Virginia insurance brokerage launched in 2009 by the founder of what became one of the world’s largest brokerages along with his son, has added its first two partners as it begins building a mid-market commercial insurance …

The Hanover Expands Western Surety Business With ICW Group Agreement

Worcester, Mass.-based The Hanover Insurance Group Inc. has closed on an agreement with ICW Group that is designed to enhance The Hanover’s surety capabilities in the West, including Arizona, California, Colorado, Oregon, Texas and Washington. Through the arrangement, The Hanover …

Lloyd’s: ‘Tidal Wave’ of Globalization also Creates New Risk ‘Pathways’

5 Leadership Myths: Uncovering the Truth about Exceptional Leadership

Leadership can’t be taught– or so it’s been said. But according to one management consultant, that’s just one of several myths about leadership that need to be debunked. “Leadership comes from inside. Anyone desiring to be a better leader on …

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