Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in the first quarter. …
Industry’s Sophistication Rises, And So Do the Risks The beer industry, like many others, has been impacted by the economy with one notable exception: craft brewers. The microbrewery, brew pub and brewery industries have actually seen sales jump in the …
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. Insurance for Nonprofits Market Detail: Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) insures …
Allstate Insurance Co. has sannounced it is looking to appoint 51 exclusive agency owners in Colorado in 2010. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and …
IMA Inc., an independently owned retail insurance broker, announced that Susan Johnson has joined the Wichita, Kan., office as commercial lines claims manager. Her responsibilities at IMA include managing the commercial lines claims department and acting as a liaison between …
The Colorado House of Representatives has passed a bill that may have the unintended consequence of driving insurers that provide contractors coverage out of state, according to the Professional Independent Insurance Agents of Colorado. House Bill 1394 attempts to address …
The State Auto Insurance Group, headquartered in Columbus, Ohio, has reached a significant milestone in its sales of personal lines insurance: one million policies and one billion dollars in premium. “Success in our expansion states, along with new products and …
Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced the appointment of Diane Nance-Ona as territory manager for Nevada. Nance-Ona will implement operational strategies and marketing plans to enhance existing agency relationships and identify prospects for agency expansion and …
Gov. Arnold Schwarzenegger has estimated the Easter earthquake caused about $91 million in damage in impoverished Imperial County. Schwarzenegger’s office sent a letter to the federal government with the preliminary estimate and asked that the quake that left two people …
$30.8 Million The amount from its surplus that Kentucky’s major workers’ compensation insurance carrier, Kentucky Employers’ Mutual Insurance, has decided to return to policyholders. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 …
