Arizona News

Top 7 High-Growth Industries and Their Unique Insurance Needs

The seven fastest growing industries over the next few years include several in the health care field and each of the seven has a unique insurance need that agents and brokers should address. According to the U.S. Bureau of Labor …

Report: Oklahoma Has Biggest Deficit Among States

Oklahoma has the unwanted distinction of having the largest revenue shortfall of any state, according to a new report. That reality is illustrated by the state’s revenue collections, which are down by more than 25 percent from a year ago. …

WKF&C Agency Offers New Habitational Package Policy

WKF&C Agency of California, based in Sacramento, is now offering a new, comprehensive habitational package policy. Thomas J. Kennedy, president & CEO of WKF&C Agency, Inc. said the firm is expanding its product offerings in the Western states and provides …

Farmers Appoints New Southwest Field Operations Executive

Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico, Arizona, Oklahoma and Arkansas. Smith joined Farmers Insurance …

Insurance Agents Urge Reform of Estate Tax

The U.S. House of Representatives recently passed a measure (H.R. 4154) that would permanently extend the estate tax rate and exemption amount at this year’s levels. As present, the estate tax has a rate of 45 percent with a $3.5 …

People

Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Arizona Mulls Shutting Insurance Fraud Unit

With a $2 billion state budget deficit looming, Arizona may become the first state in the country to abolish the anti-fraud unit of its Department of Insurance. Should Arizona do that, insurance rates in the state could well rise, warned …

Austin-Round Rock, Texas, Most Secure Large Metro Area

The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live rankings from Farmers …

Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States

Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy initially will be available in Arizona, Colorado, Connecticut, Illinois, Kansas, …