Following two straight years of reporting declines in the number of new lawsuits and regulatory proceedings — including a drop in large-dollar cases — U.S. companies now anticipate an uptick in new actions and government probes, as well as the …
Farmers Insurance whas opened a new Business Development Center in Riverside, Calif. The company expects more than 250 new agents will be appointed from this facility in the next few years. The company said opening the facility demonstrates its strong …
Kneed in Rhode Island “We will work to remedy the issues that have been raised.” —Spokeswoman Linda Shelton of Miriam Hospital in Providence, Rhode Island, commenting on a surgical team that performed arthroscopy on the wrong knee of a patient …
Small Claims and Economic Resilience Make Insuring Nail Salons Attractive Many lines of commercial insurance are facing a soft market, and despite the insurance market’s and nation’s economic woes, insurance industry professionals say it’s difficult to chip away at the …
Being the sixth-largest state in the nation, and one of the fastest-growing, makes Arizona an attractive place to live and do business. And that means the state is desirable from an insurance perspective, too, according to Christina Urias, the state’s …
Execs Say Balance Sheet, Underwriting Appetite Remain Strong as Ever Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob Schimek The very strengths in its balance sheet, surplus, underwriting and personnel that have made the …
It’s a Master Strategy Implemented by Daily Tactics There are a lot of unfounded rumors about the relationship between marketing and selling. Some say that the two are one and the same. Others whisper that marketing is nothing more than …
The Soft Market and Financial Crisis Could Lead Firms into ‘Uncharted Waters’ For surplus lines insurance providers the economic turmoil and soft insurance market means a double-hit on profitability. Some industry experts predict the unstable conditions brought on by the …
Agricultural Risks Require the Knowledge and Skill of Specialty Agents Agribusiness insurance has grown significantly as food production has become a global commodity. Since World War II there has been a dramatic reduction in the number of family farms and …
One of Pat Oliphant’s more recent editorial cartoons shows presidential candidate John McCain held in the trunk of an enraged elephant labeled “The Economy.” “My friends,” says McCain to a bewildered Barack Obama and Sarah Palin, “kindly pay no attention …
