Idaho is considering a law that would increase the monetary threshold for an automatic award of attorney’s fees from $25,000 to $50,000, with the exception of personal injury claims. Senate Bill 1357 is currently in the House Committee on Judiciary …
Fort Worth, Texas-based Hallmark Financial Services Inc. reported it has promoted Mark J. Morrison to the position of president, effective April 1, 2006. Mark E. Schwarz, chairman and chief executive officer of Hallmark, previously held the additional title of president. …
The Property Casualty Insurers Association of America said that the South Dakota Legislature wrapped up its regular session yesterday following a final day primarily devoted to the consideration of executive vetoes. “It was a good and relatively quiet session for …
Travelers personal lines, a member of St. Paul Travelers, has announced it now offers its 10 percent discount on auto insurance for hybrid drivers in Alabama, Mississippi, Nevada, Kansas, Tennessee and South Carolina. Travelers launched its discount for hybrid owners …
If your agency sends out a newsletter, take a moment, sit back and honestly evaluate it. Is it interesting and informative, packed full of helpful insurance information and ideas. Or is it loaded with canned facts and articles [yawn]. The …
Continental Risk Insurance Services, a surplus lines broker, has opened a new facility in Lodi, Calif., devoted to the marine industry. Operating under the name of Continental Marine Insurance Services, it will concentrate on marinas, boat dealers, boat manufacturers, yacht …
Community Banks Nuts & Bolts: OneBeacon Insurance, working with select independent insurance agents, has developed a solution for the increasingly complex risks of community banks through a combination of coverages designed specifically for these financial institutions and broader property and …
Seattle-based Safeco Insurance Companies has appointed Michael LaRocco as president and chief operating officer. In that expanded role, LaRocco will bring together the company’s property and casualty operations, and will have profit-and-loss responsibility for all Safeco product lines, including product …
The Federal Bureau of Investigation has been accumulating insurance fraud information since Hurricane Katrina and has filed charges in five cases, R. Allyson Delaney, an FBI analyst in Clarksburg, W.Va., told the National Association of Insurance Commissioners during its Antifraud …
The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a snooze-letter? If your agency sends out …
