June 17, 2010
Progressive Insurance has reported 5 percent increases in both net premiums written and earned in May 2010 compared with May 2009, but net income dropped by 19 percent in May 2010 compared with the same month in the previous year. …
June 17, 2010
West Virginia House Speaker Rick Thompson wants the state to delay workers’ compensation premium increases for volunteer fire departments. BrickStreet Mutual Insurance Co. announced the premium increases in May. Thompson says he’s concerned that many volunteer fire departments can’t afford …
June 17, 2010
San Francisco could soon start requiring retailers to post notices showing how much radiation is emitted by the cell phones they sell. The Board of Supervisors voted 10-1 to give preliminary approval to the ordinance, which would require stores to …
June 17, 2010
Vicksburg officials hope to attract one or more taxi companies as the city prepares to relaunch local cab service. The city has been without taxi service for nearly a year. Jim Stirgus Jr., president of the recently re-formed Vicksburg Public …
June 17, 2010
Laurie Zangwill-Infantino, former president of the Insurance Skills Center (ISC), has formed a new consulting firm, Insight Insurance Consulting. Insight Insurance Consulting will focus on professional development for agents and brokers, as well as insurance companies, staff and their clients. …
June 17, 2010
Florida Chief Financial Officer Alex Sink was in the middle of a dramatic confrontation at a BP oil spill claims office Tuesday after going to bat for a distraught owner of a bait and tackle shop. Sink, who is a …
June 17, 2010
The Gulf of Mexico oil spill will cost Mississippi’s coastal counties nearly $120 million in lost tourism and service industry revenues this summer season, even though the state’s beaches have not been hit by crude, say researchers at the University …
June 17, 2010
New York City-based Kornreich-NIA has hired Michael A. Salvadore as vice president of business development. Salvadore has 16 years experience in risk management, property and casualty insurance and employee benefits, and he has held posts at Willis, Allied North America …
June 16, 2010
iPipeline, which supplies on-demand software to insurance carriers and producers, reports it has been granted a U.S. patent for its computerized method for preparing insurance applications. Under the method covered by patent, the completion of an insurance pre-application can be …
June 16, 2010
BP Plc Wednesday agreed to a demand by U.S. President Barack Obama to pay $20 billion into a special fund to handle claims from its huge Gulf of Mexico oil spill and said it was suspending payment of dividends this …