January 5, 2009
Problems have arisen with a new Missouri law that was supposed to make it easy for residents powering their own homes to put in wind turbines or solar panels. The idea was for the homeowners to be able to send …
January 5, 2009
2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to hamper revenues in …
December 21, 2008
West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …
December 21, 2008
Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix & Associates Buys Katie Freeman Insurance Services Georgia’s Britt/Paulk Insurance …
December 21, 2008
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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …
December 19, 2008
Despite receiving millions in insurance, government help and donations, Chapman school officials say they will need a bond issue to repair school buildings damaged by a June 11 tornado. The tornado destroyed or damaged the district’s elementary and middle schools, …
December 18, 2008
Kansas City, Mo.-based Rockhill Insurance Company recently added Alex Pittignano to its Rockhill Underwriting Management as vice president of Environmental and Jim Ziogas has joined National Environmental Coverage Corporation (NECC), a wholly owned subsidiary of Rockhill, as assistant vice president …
December 15, 2008
Federal authorities have launched an investigation into the finances of bankrupt Brooke Corp. The court-appointed special master for the Overland Park-based banking and insurance services provider, Albert Riederer, told The Kansas City Star for a story published on Dec. 12 …
December 12, 2008
University of Utah researchers have developed an automobile ignition key that prevents teenagers from talking on cell phones or sending text messages while driving. The inventors are hoping the insurance industry will back the safety technology as worthy of premium …
December 10, 2008
An Omaha, Neb. businessman who’s facing several lawsuits accusing him of fraud has filed his own lawsuit. Bryan Behrens is suing Kansas City, Mo.-based Arch Insurance Co. saying it’s responsible for his defense costs, which now total about $250,000. Behrens …