With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers that they could lose business and consumer confidence …
Hybrid Boats Offer New Way to Sell Coverage to the Green-Minded Customer Hybrid boats are hitting the market and the growing popularity of hybrid and electric boats have directly impacted what boaters expect from their insurance. According to the NMMA …
Agents Should Act With Character and Integrity in Everything That They Do “I meant what I said, and said what I meant …” Although that quote was written in 1954 by Dr. Seuss in his book “Horton Hears a Who,” …
Insurers Compete for a Growing Green Industry Jim Henson’s famous Kermit the Frog said it the best, “it’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy, being green can be profitable. The green …
Consumer confidence in the health of financial institutions, including insurance companies, is dramatically influenced by advertising and marketing efforts, says a new study by Nielsen IAG. At a time when some financial institutions are pulling back on their advertising, the …
New York City could lose $3 million in tax revenues if insurer American International Group’s workers are forced to hand back their bonuses, the city comptroller said on Thursday. Wall Street is the taproot of New York City’s economy and …
Small crowds of protesters angered by the government’s $180 billion bailout of AIG marched in cities across the United States Thursday, mocking bonuses paid to employees who helped push the company to the brink of collapse. The largest U.S. labor …
The owner of the luxury Greenbrier resort filed for bankruptcy and plans to sell what was once one of America’s highest-rated hotels to a unit of Marriott International Inc. Greenbrier Hotel Corp., a unit of the transportation company CSX Corp., …
California has a $1.7 trillion economy that ranks it as a global financial power, and the insurance industry aids in this effort, says a new industry report. In 2006, insurers contributed $28.2 billion to California’s gross state product and accounted …
The U.S. House of Representatives swiftly passed a bill Thursday to recoup controversial bonuses paid to American International Group Inc. as Treasury Secretary Timothy Geithner tried to calm the furor by taking responsibility. In the face of public outrage at …
