June 21, 2010
Top 100 Agency Profile Agency Name: The Horton Group Inc. Headquarters: Orland Park, Ill. Year Founded: 1971 Locations: 15 2009 Total P/C Premiums: $258.3 million Commercial Lines: $221.4 million Personal Lines: $36.8 million Other than P/C: $269.7 million 2009 Total …
June 21, 2010
Why Commercial Umbrella Coverage Could Save the Day Residential construction is and has been an extremely important class of business for surplus lines insurers and agents. In recent years, however, demand for residential work in this country has dropped dramatically. …
June 17, 2010
A ban on insurance companies dropping coverage of homeowners who have found corrosive Chinese drywall in their homes is headed to Gov. Bobby Jindal after getting final legislative passage. The bill by Rep. Julie Quinn, R-Metairie, would prohibit insurers from …
June 15, 2010
Shares of American International Group Inc rose 6 percent Monday, and one analyst said the stock may be getting a boost from optimism the bailed-out insurer would be able to monetize its Asian life unit and pay back taxpayers. A …
June 11, 2010
Increased melting of glaciers and snow in the Himalayas and Tibetan Plateau threatens the food security of millions of people in Asia, a study shows, with Pakistan likely to be among the nations hardest hit. A team of scientists in …
June 8, 2010
J.P. Schmidt, Insurance Commissioner of the State of Hawaii, announced he be leaving his position to join the Honolulu law firm of Bays Deaver Lung Rose Holma, effective July 1. Schmidt will be practicing general business, corporate and government regulatory …
June 7, 2010
Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker …
June 7, 2010
Finance ministers can usually be relied upon to put the best spin on whatever is happening to the global economy. Not at this weekend’s Group of 20 meeting in Busan. The two days of talks were remarkable for ministers’ candor …
June 2, 2010
Florida Governor Charlie Crist today signed legislation making properties affected by imported or domestic drywall eligible for an adjustment of their assessed value. The bill, HB 965, applies to the 2010 and subsequent assessment rolls and is repealed on July …
June 1, 2010
China’s curbs on exports of some raw materials to conserve resources may not meet the stated goals, while giving Chinese manufacturers an unfair advantage, the World Trade Organization said on Monday. The remarks, in a report prepared for China’s two-yearly …