Operations News

Nanotechnology: A Big Risk in a Small Package?

Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a risk that the institution’s 17th century founders could …

Special Policies For Special Cars

How to find new and existing leads in the collector auto market Everyone knows a car guy. Maybe he’s the neighbor who spends entire weekends in his driveway — armed with a toothbrush, cotton swabs and chamois cloths — meticulously …

Best Affirms Liberty Mutual’s ‘A’ Rating; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Liberty Mutual Insurance Companies and Liberty Insurance Holdings and their members. All of the companies are subsidiaries of Liberty …

GlobalGreen Insurance Offers Independent Agents Franchise

St. Louis-based Equity One Franchisors, LLC recently announced it is offering independent insurance agents an opportunity to franchise GlobalGreen Insurance Agencies. The first three established franchises are located in Chesterfield, Mo., Columbia, Mo. and Waterloo, Ill. “We founded GlobalGreen to …

PIA National Honors Texan Markwell as Customer Service Rep of Year

Barb Markwell was named the 2008 PIA National Customer Service Representative of the Year on March 1, 2008 during a ceremony in Arlington, Virginia. The award was presented by the National Association of Professional Insurance Agents (PIA) and was sponsored …

12 Companies OK’d to Self Insure for Workers’ Comp in Texas

Twelve companies with approximately 32,500 employees in Texas recently were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance, Division of Workers’ Compensation Self Insurance Program. Commissioner of Workers’ Compensation Albert Betts …

Arrowhead Announces New Carrier For Insurance Agents E&O Product

San Diego, CA, 03/06/2008 – ARROWHEAD General Insurance Agency, Inc. has announced its independent property and casualty insurance agents errors and omissions product will be underwritten with an “A” (XIII) rated carrier by A. M. Best Company. Offered nationwide, it …

1 Minute Please: Insurance Journal Newsletter Ideas Wanted

Agency Management? Management Liability? New Markets and Programs? Main Street/Small Business Insurance? Risk Management? Claims, Loss Control and Fraud? Construction and Contractors? Regional Insurer News? Those are just a handful out of dozens of potential e-mail newsletter ideas. What topics …

Colorado Casualty Appoints CEO, Announces President Retirement

Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced that president and CEO Donald E. Frette is retiring in May, following a 15-year career with the company. Frette will be succeeded by Keith Braxton, effective March 17, …

Liberty Mutual to Add 300 Jobs in New Western Mass. Office

Boston-based Liberty Mutual Insurance will open a 300-person office in Springfield, Mass. in the third quarter to handle growth, some of which is expected from the state’s move to a managed competition auto insurance system. Governor Deval Patrick joined Liberty …