March 22, 2010
A new national survey finds that California’s lawsuit climate is among the worst in the country and on par with states including Alabama, Louisiana, and West Virginia. Among local jurisdictions, Los Angeles’ courts were mentioned as the second worst in …
March 22, 2010
How One Insurance Agency Is Helping Preserve Historic Homes and Businesses While other insurance agents are out visiting manufacturing plants, shopping malls and office parks, Brian Phoebus is hanging out in historic homes, renovated museums, art galleries and performing arts …
March 22, 2010
Specialty insurer Philadelphia Insurance Companies has promoted Christopher J. Maguire and Sean S. Sweeney to the position of co-presidents. Maguire joined Philadelphia Insurance Companies in 1987 and has managed underwriting operations and production. His most recent role has been as …
March 22, 2010
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. Couriers Market Detail: RLI Transportation’s courier coverage for vans, pick-ups and straight trucks must have …
March 22, 2010
Insurers Monitoring Defects, Claims Tied to Green Building Products and Designs From wind turbines and fuel cells to vegetative roofs and bamboo surfaces, innovative green construction materials are showing up everywhere. A number of insurers are on board with new …
March 22, 2010
Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This has included launching new …
March 19, 2010
Insurance producers should be leery of managers who push them to “find the gray areas to increase the corporate bottom line,” John Borbi warned them recently. Borbi should know. A former financial advisor and investment specialist, he went from being …
March 19, 2010
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 …
March 19, 2010
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 …
March 18, 2010
SullivanCurtisMonroe has added Christa Yorke as an account executive in its Irvine , Calif., office. Yorke joins SCM from Federated Mutual Insurance in Orange County, Calif., where she was a senior marketing representative.