Gov. Mark Sanford is giving a public green light to a bill that allows motorcyclists and bikers to run red lights after they stop at intersections. Sanford officially signed the bill in May, but held a ceremonial signing at stops …
On July 8, Conway-based Home BancShares filed a notice with the U.S. Securities and Exchange Commission that said a senior officer at one of its banks embezzled $2.1 million. John Allison, Home BancShares’ chairman and CEO, later declined to name …
The rural area to the northeast of Denver, Colo., tops the nation when it comes to regions most prone to tornados, according to Boston-based CDS Business Mapping LLC, an online hazard mapping firm. The top 10 most tornado prone metro-areas …
Harleysville Insurance has appointed Gilbert M. Benjamin as regional president of its Southeast operation. In this position, he is responsible for the underwriting, agency management and support functions throughout the region—which is headquartered in Atlanta, Ga., where Benjamin is based, …
Columbus, Ohio-based State Auto Insurance Companies have expanded its Employment Practices Liability Insurance (EPLI) program for small and mid-size business owners. Employment practices liability is a growing concern for nearly all businesses. Most liability policies, however, do not cover the …
The Importance of Understanding Flood Zones “I don’t need flood insurance.” “I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t need it.” Those statements are made more often than any …
By Removing Some of the Mystery in Flood Insurance, Agents Can Put Clients More at Ease “I don’t need flood insurance; I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t …
People The National Association of Professional Insurance Agents (PIA) has announced the promotion of Mike Becker to director of federal affairs. Since joining PIA, Becker has managed the day-to-day responsibilities associated with running the Professional Insurance Agents Political Action Committee, …
People McQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of property/casualty business accounts. With nearly 30 years of risk management experience, …
Reaching the Peak “This is probably it. … I think we’re probably reaching the peak of rates now.” —Louisiana Citizens Property Insurance Corp. CEO John Wortman, comments in an Associated Press report on double-digit homeowners rate increases proposed by Citizens …
