Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and will manage its newly created Chicago district office. Fisher’s hiring as director of new market development accelerates the …
$5.26 million A hefty pay raise was given to State Farm Insurance’s chairman and CEO after the company posted a record profit last year. Chairman and Chief Executive Officer Ed Rust Jr. got a $5.26 million raise. He earned $11.66 …
U.S. Senator Trent Lott, R- Miss., wants to require insurers to disclose property insurance coverage and noncoverage in plain language on the front page of each homeowner’s policy and has introduced a bill giving the Federal Trade Commission enforcement authority …
The Main Street America Group has promoted Ed Kuhl to executive vice president, chief financial officer, and Dick Schultz to assistant vice president, and appointed Tom Frazier to assistant treasurer. Kuhl joined Main Street America in 1988 as controller. He …
Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Servicesand will manage its newly created Chicago district office. Fisher’s hiring as director of new market development accelerates the organization’s …
BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …
Skating Rinks, Roller and Ice Venues Nuts & Bolts: American Insurance Alliance is offering Roller and Ice Skating venues that are traditionally difficult to insure general liability coverage. American Insurance Alliance’s only business is skating venues with 18 continuous years …
U.S. Senator Trent Lott, R- Miss., wants to require insurers to disclose property insurance coverage and noncoverage in plain language on the front page of each homeowner’s policy and has introduced a bill giving the Federal Trade Commission enforcement authority …
Agents generally support legislation, but insurers caution changes could result in additional costs U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program’s borrowing authority to $21.5 …
News Currents America’s legal system imposes an economic cost of more than $865 billion, or more than $9,800 per family, every year, according to a new study released by the Pacific Research Institute (PRI), a free-market think tank based in …
