All I want for Christmas is … “On our Christmas wish list is to have somebody come back into the residential artisan contractor market. Pricing has gone way up for small guys in the artisan contractor/residential market.” — Barbara Parker-Hatch, …
Insurance agents want to avoid litigation, but it is not always possible. When agents become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …
In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have changed. In the past year, agents and …
Insurance is a serous business, with contingent commissions, credit scoring and natural disasters making news in 2006. It’s not easy finding humor in the headlines. Yet a few stories that brought a smile snuck through the disasters and dire warnings …
JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites non-standard personal automobile insurance. American National Bank Acquires Dallas-based Sleeper, Sewell The American National …
Bermuda’s XL Capital Ltd. has announced three senior management appointments, as follows: Michael E. Mathisen has been named Global Treasurer. He will oversee XL’s global liquidity, funding, cash management, foreign exchange, balance sheet and capital management transactions as well as …
The Chubb Corporation has entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois, to resolve an investigation of customer steering, improper finite reinsurance transactions, and other unlawful industry practices. Under terms of the settlement, …
Trailers packed with cots and medical supplies are parked in secret locations around Colorado, ready for doctors to open makeshift hospitals in school gyms if a flu pandemic strikes. Parts of southeastern Washington are considering drive-thru flu shots during a …
The attorneys general of Connecticut, Illinois and New York continued their campaign against undisclosed compensation and account steering by simultaneously bringing suit today against one of the nation’s largest insurance brokers. The suits were bought against Acordia, Inc. and its …
A coalition of data security firms has renewed its call for Congress to protect personal information in cyberspace and help Americans trying to deal witht he risk on their own. The businesses warn that the decline in consumer confidence in …
