March 9, 2009
South Carolina legislators considering restricting lawsuits against companies were told that fewer lawsuits are being filed since a 2005 state law limited costs for doctors. A company managing an insurance system for half the state’s doctors told a state Senate …
March 9, 2009
Fewer Fraud Bills To Be Debated in West With the downtrodden economy rumbling through the West, momentous and game-changing fraud bills will be in short supply this year. Lawmakers’ time and patience will be soaked up by efforts to shore-up …
March 9, 2009
A bulletin on the Lloyd’s of London web site (www.lloyds.com) notes that yesterday, March 8 was International Women’s Day, which has been “observed since the early 1900s. It is an opportunity to share and celebrate women’s achievements around the world. …
March 9, 2009
Market Auto Discounts Differently It’s pretty safe to say that money isn’t everything. Your health, happiness and, of course, golf are all more important. A lot more important, right? Well, maybe not if you glance at the pile of auto …
March 9, 2009
Despite a weak economy, heightened competition and soft insurance prices, independent agents wrote $6 out of every $10 of property/casualty revenue in 2007 and continued to represent just under 60 percent of the overall P/C premium market share. Even so, …
March 9, 2009
Since the fall of 2008, the economy is still reeling from continuous hits to the head. The slump is taking a toll on businesses of all kinds around the country. All of our clients are feeling the impact; some more …
March 9, 2009
Industry Still Stalled in a Soft Market But Some Rate Increases on the Horizon Observers of the property and casualty insurance industry, who consider themselves gurus when it comes to predicting cyclical changes, find themselves in a state of perplexity …
March 9, 2009
The U.S. Federal Reserve, by taking an equity stake in American International Group, is moving further into uncharted territory and may be risking potentially large investment losses and its independence. As part of the latest bailout effort of the troubled …
March 9, 2009
A Young Company With a Nontraditional Management Style, Heffernan Insurance Brokers Has Shown How an Agency Can Be Young and Successful at the Same Time Top 100 Agency Profile RANKING: No. 11 Agency Name: Heffernan Insurance Brokers Headquarters: Walnut Creek, …
March 9, 2009
Agents Beware of Coverage Differences in Personal Umbrella Policies A condominium board is involved in a lawsuit that results in a board member being sued. A neighbor’s child is playing in the backyard, falls off a swing and sustains injuries. …