Calif. court rules workers’ comp costs can be tallied in incentive plans The California Supreme Court has ruled that incentive compensation plans, calculated on profits, can subtract out costs for workers’ compensation costs from profits, even if it discourages employees …
Many in the financial industry are speculating what could happen to insurance companies as a result of the subprime mortgage mess, but the truth is it may be too soon to tell. One of the hardest-hit lenders, Countrywide Financial Corp. …
Many in the financial industry are speculating what could happen to insurance companies as a result of the subprime mortgage mess, but the truth is it may be too soon to tell. One of the hardest-hit companies, Countrywide Financial Corp., …
Stock Prices: The range in stock prices for brokers has been dramatic. At one end of the spectrum, Marsh & McLennan (NYSE:MMC) is down 9 percent and at the other, Aon Corp. (NYSE:AOC) is up 14.2 percent year-to-date. Aon reported …
As professional insurance agents, we might in a quirky way consider ourselves flattered that there are never-ending attempts to take our business away from us. If we weren’t so successful at what we do, we would be ignored. Because we …
With the tidal wave of legal cases involving construction defects bogging down county, state and federal courts, it has become imperative that insurers “cover their behinds” from every imaginable angle — including educating insureds as to what is not covered …
Stock Prices: The range in stock prices for brokers has been dramatic. At one end of the spectrum, Marsh & McLennan (NYSE:MMC) is down 9 percent and at the other, Aon Corp. (NYSE:AOC) is up 14.2 percent year-to-date. Aon reported …
With the tidal wave of legal cases involving construction defects bogging down county, state and federal courts, it has become imperative that insurers “cover their behinds” from every imaginable angle — including educating insureds as to what is not covered …
The California Supreme Court has ruled that incentive compensation plans, calculated on profits, can subtract out costs for workers’ compensation costs from profits, even if it discourages employees from reporting workplace injuries. In Eddy Korkiat Prachasaisoradej v. Ralphs Grocery Co. …
France’s SCOR Group posted impressive gains for the first half of 2007, with net income after tax of €181 million ($247 million), a 77 percent increase over the same period last year. Gross premiums written for the period were €2.124 …
