John Pilkington’s boss wouldn’t take no for an answer. During more than two years as a food runner at an upscale steakhouse in Scottsdale, Arizona, Pilkington says his male supervisor groped, fondled and otherwise sexually harassed him more than a …
While 2009 was a tough year to do business, state and city leaders say 2010 and 2011 will be even tougher — the outcome of which could have negative implications for the insurance industry. A number of states are struggling …
Medicus Insurance Co. has created an endorsement that gives insureds coverage for unintentional network security, billing, regulatory and privacy violations. The new endorsement is called Medicus Advantage Gold. The Medicus Advantage Gold endorsement has been added to all Medicus policies …
Hurricane Andrew, for all of the grief it delivered, gave wholesale broker Hull & Co. and Bruce Bowers a big opportunity. “Prior to ’92, there wasn’t much of a need for personal lines in the excess and surplus market, it …
As the U.S. Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes — a move that could lead to a legal battle over states’ sovereignty. Bills and …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Farmers Insurance Group and its members. Best also affirmed the debt ratings on the outstanding surplus notes of Farmers …
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
Two House subcommittees have scheduled a joint hearing today on ways to address homeowners insurance costs in disaster-prone communities, an issue that has some environmentalists, taxpayer groups and insurers standing together. Testimony at today’s hearing will revisit the Homeowners Defense …
Aliso Viejo, Calif.-based LaBarre/Oksnee insurance brokers announced that it has promoted Jeff Leane to the newly created vice president of sales position. Leane is charged with leading the development and implementation of sales strategy and growing the company’s sales organization. …
