The Grand Strand again ranks first in the Southeast in vehicles stolen per capita, with the Myrtle Beach area among seven of South Carolina’s metro areas posting higher rankings, according to a report. The Myrtle Beach area ranked 15th nationally …
An effort to regulate mopeds in North Carolina got diverted after senators rejected an effort to require riders to carry liability insurance. Senate Majority Leader Tony Rand last week pulled his bill to require a moped to get a license …
Massachusetts Attorney General Martha Coakley said that Occidental Fire and Casualty Insurance Co. of North Carolina has agreed to make significant changes to the way it rates Bay State drivers. Occidental, which announced plans earlier this year to enter Massachusetts …
Greensboro, North Carolina-based workers’ comp insurer Key Risk Insurance Co. has named Susan Preston regional director for the Mid-Atlantic Region. As regional director, Preston will oversee Key Risk’s Mid-Atlantic Region, including Virginia and states to the north. Preston will be …
A 1.4 perent rate hike requested by North Carolina auto insurance companies is being contested by state officials. Insurance department actuaries have concluded that the increase is not warranted in part because it incorporates certain reinsurance costs. Insurance Commissioner Wayne …
Federal Aid “We need a more disciplined, structured plan for providing federal assistance following any major natural disaster.” —U.S. Sen. Bill Nelson, D.-Fla, in asking the U.S. Treasury to provide assurances to private market lenders that any loans they make …
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. Child Welfare Organizations Market Detail: Markel Insurance Co. offers agents access to a program for …
AIG-Gravated Protesters “We’ve had people call (executive) homes to threaten and intimidate, protesters outside homes and offices… (and) we’ve had several valued executives resign over the past few weeks. All of this hurts our efforts to unwind the business and …
And Other Lessons from High-Performing Agencies Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t cheap out on the training. Do those tactics sound …
A Wake County judge has ordered North Carolina Insurance Commissioner Wayne Goodwin to reconsider deductible and surcharge increases for coastal homeowners in the state insurance pool called the Beach Plan. Wake County Superior Judge William Pittman ruled that Goodwin’s predecessor, …
