April 20, 2009
Many Clients Buy Coverage When Earthquake Activity Arises, Then Cancel When It Subsides Ask anyone who has been affected by the recent volatility of the stock market, and they will tell you that it’s almost impossible to time the stock …
April 20, 2009
Chinese Drywall Concerns “I believe you’re going to see this is widespread. Anytime you have mounting evidence of potentially toxic goods you have an obligation to act quickly to protect consumers.” —U.S. Sen. Bill Nelson, D-Fla., a member of the …
April 20, 2009
Timing an Earthquake Coverage Purchase Is Like Trying to Time the Stock Market Anyone who has been impacted by the recent volatility of the stock market will tell you that it’s impossible to time the stock market’s ups and downs …
April 20, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …
April 17, 2009
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Illinois-based American Freedom Insurance Company. Best said the “ratings reflect American Freedom’s solid …
April 17, 2009
The Property Casualty Insurers Association of America (PCI) praised the decision of the Illinois Supreme Court to order a new trial in an important asbestos litigation case, Nolan v. Weil-McLain (No. 103137). The case involves Clarence Nolan who died as …
April 16, 2009
Portage, Michigan-based managing general insurance agency J.M. Wilson has promoted Stacey Kiser to manager of Personal Lines and assistant manager of Property/Casualty. She will oversee the day-to-day activities of the Personal Lines department, serving customers in Michigan, Ohio, Illinois, Indiana, …
April 13, 2009
Officials at the fire damaged Joliet Empress Casino in Illinois have said that the casino will likely open by the end of June, an announcement that was cheered by workers at the operation. Frank Quigley, vice president and general manager …
April 13, 2009
The National Insurance Crime Bureau (NICB) reported that 2008 marked the nation’s fifth consecutive year of declining vehicle thefts in the United States. Although most areas experienced a reduction in vehicle theft, there were several noteworthy exceptions in states that …
April 8, 2009
Farmers Insurance has promoted Bill Matlock, state executive director, Los Angeles Market, to vice president field operations, Los Angeles Market. Matlock joined the Farmers Insurance Group of Companies in September 1990 as a management trainee in the Columbus, Ohio, regional …