The good news is that state revenue in Oklahoma is improving. The bad news is that the state’s unemployment rate is increasing. The state Board of Equalization has certified revenue that will be available to pay for state services during …
It has been quiet on the oceanfront in Florida in terms of hurricanes and tropical storms the past few years. However, the low catastrophe frequency has contributed to an extremely soft and competitive insurance market for Florida excess and surplus …
Why Agents Should Stress Importance of Umbrella Coverage When uttered together by a client, the five words in the headline of this article are – potentially – very dangerous words. Note the following claim and ask yourself, “Could this happen …
Top 100 Agency Profile Agency Name: The Horton Group Inc. Headquarters: Orland Park, Ill. Year Founded: 1971 Locations: 15 2009 Total P/C Premiums: $258.3 million Commercial Lines: $221.4 million Personal Lines: $36.8 million Other than P/C: $269.7 million 2009 Total …
Why Commercial Umbrella Coverage Could Save the Day Residential construction is and has been an extremely important class of business for surplus lines insurers and agents. In recent years, however, demand for residential work in this country has dropped dramatically. …
Software as a service, or SaaS, can have a positive effect on almost any business. By licensing software from a single source rather than installing it onto your company’s hardware, you can save time and money. Nowhere is this more …
A watchdog panel says it’s still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc., and the government should have used up all its options before bailing out the crippled insurance …
A softening casualty market, strong company earnings, and a quiet catastrophe season resulted in the reinsurance industry enjoying, in 2009, one of its most profitable underwriting years in nearly a decade. Today, reinsurers must continue to push-back on multi-year deals …
Two in the Bush? “It is incredibly unfair to put people in this position. It’s amazing, really, that it’s even come to this, almost a decade after 9/11.” —Former New York Police Officer Glen Klein, one of more than 10,000 …
Florida politicians let BP know in plain language that they have not been pleased with how the oil giant has been handling claims from the big and small businesses and families hurt by the Gulf oil gusher it created. It …
