Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines of business. Rich Soja, executive vice president …
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …
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. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program …
RRGs Seek Dispute Mechanism, Ability to Write Commercial Property, Uniform Regulation The Liability Risk Retention Act of 1986 (LRRA) was enacted to help solve the crisis of the 1980s created by the unavailability of affordable commercial liability insurance. The LRRA …
New Jersey lawmakers have advanced a bill that would impose heftier fines for talking or texting while driving. The bill approved last month by the Senate Law and Public Safety Committee would double the fine for first offenses to $200 …
$72.5 Million Class-action settlement paid by The Hartford over structured settlements in personal injury and worker’ compensation cases. The lawsuit, which covers 21,500 people, alleged The Hartford purchased annuities from its life insurance subsidiary and deducted as much as 15 …
They Took the Money and Ran “In a difficult economy and a time when health insurance is becoming more expensive, these companies took the money from Missouri consumers and ran.” —Missouri Insurance Director John M. Huff recently issued cease and …
7.5% Arkansas’ unemployment rate rose by one-tenth of a percentage point in August to 7.5 percent, the first increase since March. The state Department of Workforce Services said the state’s nonfarm payroll jobs decreased by 3,400. The biggest drop came …
Capture Your Prospect’s Attention for More Than a Nanosecond Social media has an intrinsic flaw as a promotional tool for insurance marketers: it’s too darn distracting. For instance, Facebook is a self-contained and ever expanding universe that’s packed with entertaining …
