The results are in from the “2009 Best Independent Insurance Agency to Work For” survey by Insurance Journal. The common theme resonating from the winning responses is one of family ideals. Regardless of size or geographic region, employees of the …
Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …
The Michigan Office of Financial and Insurance Regulation (OFIR) has ordered a Florida man who is not licensed to sell insurance in Michigan to stop all insurance related activity in that state. The OFIR says Richard Chengerian, through an advertisement …
An insurance trade group says a bill passed by the Michigan House of Representatives threatens to increase auto insurance costs and harm the state’s job market and economy. The Property Casualty Insurers Association of America (PCI) says the House passed …
A.M. Best Co. has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and issuer credit rating to “a-” from “a” of Florida-based First Colonial Insurance Company, both with stable outlooks. First Colonial’s ultimate parent is The Allstate …
Terry Morman has joined Ohio-based insurance brokerage Hylant Group as vice president of Carrier Relations. In this role he will be responsible for developing and managing strategic relationships with carrier partners and wholesalers for all of Hylant Group’s locations. He …
Workers’ compensation litigation arising out of Michigan and involving claims of federal racketeering violations is headed back to lower courts for trial after the U.S. Supreme Court declined to consider it. The U.S. 6th Circuit Court of Appeals had found …
The Michigan House has voted to prohibit the use of cell phones to send text messages while driving. The main bill in the package passed the House by a 94-13 vote Tuesday. A similar measure passed a Senate committee earlier …
Standard & Poor’s Ratings Services has assigned its ‘A-‘ issue credit rating to Lincoln National Corp.’s (LNC) $300 million issuance of senior notes. S&P also affirmed its ‘AA-‘ counterparty credit and financial strength ratings on LNC’s life insurance operations (Lincoln) …
States with high homicide rates also tend to have higher rates of traffic deaths than other states, says a University of Michigan researcher. In a new study in the current issue of the journal Traffic Injury Prevention, Michael Sivak of …
