January 25, 2009
North Dakota lawmakers strongly support toughening state laws that govern teenage drivers, and many favor raising the state’s 14-year-old minimum driving age, an Associated Press survey shows. Insurance Commissioner Adam Hamm, state Rep. Ed Gruchalla, D-Fargo, and a group that …
January 25, 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. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …
January 25, 2009
Insurers Catlin, Beazley, Amlin, Hiscox and Newcomer Torus Find Their Niche in U.S. Market Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a number of British …
January 11, 2009
The economic downturn is spurring anxious drivers to fraudulently dump unwanted vehicles for insurance money, according to research by the Coalition Against Insurance Fraud. Officials in nearly a dozen state and local jurisdictions around the U.S. report clear warning signs …
January 11, 2009
National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional liability, commercial, umbrella, vacant buildings, contractors and personal lines. Cugini …
January 11, 2009
Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1, Alexander & Bolton Brown & Brown Inc. …
December 21, 2008
“You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Warren Buffett on the credit crisis “As a strong supporter of free enterprise, I …
November 30, 2008
State Auto, Rockhill Insurance Group State Automobile Mutual Insurance Company has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities. Rockhill Insurance Group, which …
November 30, 2008
Obama on Climate, Jobs “My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process.” —A Reuters story that ran on Nov. 19 credits …
November 16, 2008
2 Deer are causing more problems for Nebraskans, and it’s not just on the highways. Two homeowners reported that deer crashed into their houses recently, according to the Associated Press. Monnie and Harvey Maske say they came home from church …