December 24, 2006
While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance remained a …
December 24, 2006
No long-term negatives “Fortunately lawmakers did not pass legislation that will have negative long-term consequences for consumers and the insurance market.” — Greg LaCost, assistant vice president and regional manager for Property Casualty Insurers Association of America (PCI), commenting on …
December 24, 2006
In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have changed. In the past year, agents and …
December 24, 2006
Insurance is a serous business, with contingent commissions, credit scoring and natural disasters making news in 2006. It’s not easy finding humor in the headlines. Yet a few stories that brought a smile snuck through the disasters and dire warnings …
December 24, 2006
What professional liability exposures do financial institutions face today? Have risks significantly changed since 2001? If so, why? Major events have had a direct impact on insurers, agents and the industry and have triggered lawsuits and, eventually settlements, changing how …
December 22, 2006
A port security task force this week urged that the nation adopt mandatory security standards for cargo and that the president appoint a port security czar to coordinate the federal agencies that oversee the nation’s 361 seaports. Shippers should also …
December 20, 2006
Parsippany, NJ: York Insurance Services Group, Inc. (“York” or “the Company”), a leading insurance services provider, announced today the creation of York Transportation and Logistics (“York T&L”) as a division of York Specialized Loss Adjusting (“York SLA”), York’s large/complex property …
December 19, 2006
Trailers packed with cots and medical supplies are parked in secret locations around Colorado, ready for doctors to open makeshift hospitals in school gyms if a flu pandemic strikes. Parts of southeastern Washington are considering drive-thru flu shots during a …
December 19, 2006
Driver death rates in minicars are higher than in any other vehicle category and more than double the death rates in midsize and large cars, a new study shows. For the first time, the Insurance Institute for Highway Safety has …
December 15, 2006
A coalition of data security firms has renewed its call for Congress to protect personal information in cyberspace and help Americans trying to deal witht he risk on their own. The businesses warn that the decline in consumer confidence in …