In this economy, there are many things that agents should be looking at in terms of how they manage their agencies, but what should be the top priority? Juan Andrade is executive vice-president for sales and distribution at The Hartford. …
Montana’s recreation businesses said they need better protection from lawsuits because of high insurance costs. The House Judiciary Committee is considering a bill that would limit the liability of the businesses and shift it onto the shoulders of thrill-seekers involved …
The events of the past six months — and those of the past several years — are some of the most dramatic in the history of financial services and risk management. From Sept. 11 to the 2005 hurricanes to the …
You sometimes have to go backward a little before you can take two steps forward. With the nation still reeling from the events of 2008 — the constricting economy, the housing and credit crises, the Wall Street bailout, natural catastrophes …
Are you ready for a quick excursion down memory lane? It’s a short trip, so there’s no need to fire up the old DeSoto. Instead, just walk over to your nearest filing cabinet and dig deep into your oldest commercial …
“The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with their second costliest year in history, graphically highlights the increasing risks to businesses of extreme weather events,” begins an article …
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 …
Many small business owners say that they’re prepared to eliminate some positions or reduce the number of hours employees work as part of their contingency planning for 2009, according to a recent survey. Almost half of the small businesses surveyed …
The UK launched a second bank rescue plan on Monday. One of the recipients, Royal Bank of Scotland, said it lost over £20 billion ($29.3 billion) last year and Japan said bad loans worldwide had further to climb. The UK …
Omaha’s Physicians Mutual has announced it has laid off 50 employees because of tough economic times. Before the announcement, the insurance company employed about 1,000 people at its corporate office. Company spokeswoman Deb Walton says the actions are difficult but …
