Stock Prices: Brokerage stocks have started 2008 in a downward spiral. Year-to-date the sector is trading down 13 percent. M&A Activity: With 29 acquisitions announced in February and March, the year-to-date total is 56, which is down 14 percent from …
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. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …
Despite a sizable earthquake event in the Midwest on Friday, April 18th, Bloomington, Ill.-based State Farm and Northbrook, Ill.-based Allstate Insurance say they haven’t heard of much damage from the southern Illinois earthquake, where both companies have homeowners insurance customers. …
$45 Billion The rate of obesity in the United States has doubled in the last 30 years, and those extra pounds weigh on companies’ bottom lines, according to a new report from The Conference Board. Today, 34 percent of American …
People Michigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Crandell was hired as a transportation underwriter. She will service commercial trucking accounts for customers in Ohio, Kentucky, Pennsylvania and West Virginia. She …
Workers’ compensation costs per claim in North Carolina grew 6-14 percent annually throughout the study period, according to the Workers Compensation Research Institute. The Cambridge, Mass.-based WCRI study of 14 states found that double-digit growth in medical costs per claim …
Republican Sen. Mel Martinez of Florida is in a position to help move along a bill that could lower property insurance rates in disaster-prone states, but hasn’t been aggressive enough in doing so, said the two Democratic House members sponsoring …
An earthquake that measured 5.2 on the Richter Scale rocked buildings in Chicago and damaged roads in Ohio and Kentucky. The quake hit Friday morning at 4:37 a.m. The epicenter was in the town of West Salem, Ill., which is …
Melville, New York-based managing general agent, WKF&C Agency Inc., announced it is expanding its nationwide casualty underwriting platform with the opening of a new office in Dallas, Texas. Industry veteran and Dallas native Rodger Young will serve as president of …
A California judge on Tuesday approved the settlement of a class-action lawsuit that will compensate about 800,000 Ford Explorer owners whose vehicles lost value because of a perceived rollover danger. The settlement ends lawsuits against Ford Motor Co. in California, …
