22% The percentage of agents responding to an Insurance Journal survey who said they have cut unnecessary spending in response to the current financial crisis. Another 22 percent have taken steps to communicate more with their customers. About 15 percent …
Alabama’s coastal property insurance crisis could be resolved by the state and cities working together to form special types of insurance companies to offer coverage, the state revenue commissioner said. Tim Russell, the former mayor of Foley, told a gathering …
Reagan Consulting and the Independent Insurance Agents & Brokers of America (Big “I”) announced the Best Practices Agencies for 2008-2009. A total of 189 agencies from around the country maintained their Best Practices status this year, and one from each …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …
Alabama Gov. Bob Riley is offering a $5,000 reward for information that will lead to an arrest and conviction in an arson case in Jasper where a law enforcement officer was the victim. Riley says fires were set to the …
Contrary to the position taken by A.M. Best and Moody’s Investors Service, Fitch Ratings has revised CNA Financial Corporation’s rating outlook to negative from stable. However, Fitch affirmed the Issuer Default Rating (IDR) at ‘BBB+’; the Senior debt at ‘BBB’, …
Birmingham, Alabama’s Samford University announced on that its new football field house will be named for the Birmingham family that provide a lead gift. The school said the Cooney Family Field House was made possible with the lead gift from …
Alabama’s coastal property insurance crisis could be resolved by the state and cities working together to form special types of insurance companies to offer coverage, the state revenue commissioner said. Tim Russell, the former mayor of Foley, told a gathering …
Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …
Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to the Professional Insurance Agents of Florida board of directors. Ganguzza started his insurance …
