Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of risks ahead and given the …
Rates are being cut for New Mexico workers’ compensation insurance premiums. The state Insurance Department has approved overall workers’ compensation rate reductions of 4.2 percent for the voluntary market and 1.3 percent for the assigned risk pool, state officials said. …
Bermuda-based XL Capital Ltd. has launched the final module of an executive training and development program for China insurance regulators and executives. “The educational initiative, known as the China Insurance Industry Executive Leadership Program, is designed to support the development …
Delaying action on climate change – even by a decade or two – will take the planet into dangerous territory, a new report from the British Government warns. The Stern Review on climate change calls climate change “the greatest market …
Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the Independent Insurance Agents of Texas (IIAT). Current insurance …
A strong economy has boosted Oklahoma’s unemployment insurance trust fund to its highest level since 1997. The fund, which is used to pay unemployment benefits to workers who lose their jobs, had $705 million by June 30, according to the …
By allegedly refusing to offer quotes for group health coverage to certain small business, as required under the Georgia insurance code and using sales agents that were not properly appointed, Blue Cross and Blue Shield of Georgia incurred a $600,000 …
It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. Keeping that in mind, …
While other states from Minnesota to New Hampshire compete to attract the insurance sector by lowering premium taxes and extending incentives, Connecticut thinks it has the best offer: an unmatched talent pool of insurance managers, underwriters and actuaries. Connecticut government, …
A retired insurance industry executive turned turbo-charged motivational speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as …
