It’s that time again! Insurance Journal is polling insurance agents and brokers nationwide in its annual quest to find out who’s worth what in the independent agency system. More than 1,000 agencies nationwide have already responded to IJ’s exclusive 2009 …
The worst financial crisis since the Great Depression served to mute the enthusiasm of previous years as some 2,500 business and political leaders met in the Swiss Alps Wednesday for the World Economic Forum. Economist Stephen Roach gave a grim …
About one in four Oklahoma drivers is uninsured, the fourth-worst rate in the nation, according to a recent study. The study by the Insurance Research Council, which includes data from 2007, shows 24 percent of Oklahoma motorists have no insurance …
Allstate reported consolidated revenues were $6.6 billion in the fourth quarter of 2008 and $29.4 billion for the 2008 year, a 9 percent drop from the previous year. The decrease in revenue of $2.4 billion and $7.4 billion for the …
The Democratic-led U.S. Congress Tuesday gave final approval to what may be the first bill signed into law by President Barack Obama — a measure to reverse a 2007 U.S. Supreme Court decision that made it tougher to sue for …
2009 will see the political consequences of the global credit crunch start to have an impact, according to the 16th annual Political Risk Map, launched today by Aon Risk Services, a division of Aon Corporation. In a global webcast, Aon’s …
The Ohio Bureau of Workers’ Compensation (BWC) board of directors has approved a rule that is expected to prevent spikes in workers’ compensation insurance costs for many employers. The cap on an employer’s experience modifier (EM) is expected to limit …
Texas State Rep. Brandon Creighton has filed HB 720 to give more small businesses an exemption from the state business tax. Current law exempts businesses with revenue under $300,000 and gives discounts to those who make up to $900,000. Under …
Standard & Poor’s Ratings Services has published an article examining the Qatari Insurance Sector In 2009. Entitled “Short-Term Weaknesses Offset By Long-Term Strengths,” it notes that “when the State of Qatar’s sound economic prospects are considered alongside the specific strengths, …
Standard & Poor’s Ratings Services has revised to positive from stable its outlooks on the insurer financial strength ratings and long-term counterparty credit ratings on Japan’s Aioi Insurance Co. Ltd. and Nissay Dowa General Insurance Co. Ltd. S&P revised its …
