June 15, 2009
Diversification Spurs San Antonio-Based SWBC to Great Heights Top 100 Agency Profile Ranking No. 13 (ranking based on 2007 figures) Agency Name: SWBC Headquarters: San Antonio, Texas Year Founded: 1976 2008 Total P/C Premium: $645.3 million 2007 Total P/C Premium: …
June 11, 2009
The World Health Organization was poised on Thursday to declare that the new H1N1 virus has caused the first influenza pandemic in more than 40 years, health sources said on Thursday. The move will trigger heightened health measures in the …
June 11, 2009
The House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will hold a hearing to explore oversight of the insurance industry on June 16. “It is now clear that we must restructure the federal government’s role with …
June 9, 2009
European Union Finance ministers were set on Tuesday to renew commitments to post-recession debt reduction but without tying themselves for now to a starting date. The ministers from the 27 European Union countries were also due to broach proposals for …
June 9, 2009
The California Department of Insurance held a workers’ compensation insurance claims cost benchmark hearing on June 8, at which suggestions were made on changes that could be made to the workers’ comp system to reduce costs. According to the state …
June 8, 2009
Florida Gov. Charlie Crist’s veto of a condo insurance bill has disappointed condo unit owners and insurance agents who must comply with what they say is a costly and confusing existing law that would have been modified by the vetoed …
June 4, 2009
Fantasies of the perfect wedding never included banquet halls going bust or lovebirds losing their jobs. But a calamity can sneak up on you while you’re consumed with creating your dream day, especially during a recession. For couples who plan …
June 4, 2009
The Association of British Insurers has issued a statement warning that regulators and governments “must not harm other industries, such as insurance, as they deal with the banking crisis.” In a new report, “Restoring Market Confidence”, published ahead of its …
June 4, 2009
Hartford Financial Services Group said on Thursday that CEO and chairman Ramani Ayer, under pressure from shareholders as the 199-year-old insurer struggles with record losses, would retire by the end of the year. The Hartford, Connecticut-based life and property insurer, …
June 4, 2009
You don’t need to get too deep into conversation these days to find out people are afraid. Given changes in business, the economy and government, many individuals feel they don’t know what or who to trust. These changes, I believe, …