Fuel Economy or Safety? “More people may be looking at small pickups because of rising gas prices. Unfortunately, they won’t find many that afford state-of-the-art crash protection. Most earn dismal ratings for protecting people in side crashes, and all but …
Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal. “Contingent commission agreements between brokers and insurers are not illegal, and, in the absence of a special relationship between the …
Workers’ Comp Expert Advises Employers on Surviving Today’s Demographics About two-thirds of companies do no planning for workforce issues at all. Quickly rising and about to strike, the tidal wave of demographic pressure in the U.S. is a formidable threat …
Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th Annual Mid-Year Property and Casualty Symposium on July 17 in Austin. Reynolds …
The letter from the Palatine Insurance Co. to the independent insurance agency, written in the dawn of a new century began: “The insurance business is experiencing perilous and unprecedented challenges …” The date: 1921. As the saying goes, everything old …
Managing Risks With an Aging Workforce The aging and retirement of the Baby Boomer generation is creating a demographic transformation that will affect the staffs of insurance organizations, as well as their customers. Consider the following statistics: According to the …
Workers’ Comp Expert Advises Employers on Surviving Today’s Demographics About two-thirds of companies do no planning for workforce issues at all. Quickly rising and about to strike, the tidal wave of demographic pressure is threatening the health of American business. …
Paid Time Off, Office Space Equality, Free Fridays and Wellness Programs Help Keep Agency Employees Happy At any gathering of insurance professionals in the country — at any time, anywhere — a common refrain of agents and company representatives alike …
Richmond, Virginia-based insurance broker Hilb Rogal & Hobbs, which is in the process of being acquired by bigger insurance broker Willis, reported revenues were up 5.3 percent while net income plummeted for the second quarter. Net income for the second …
Seattle, Wash.-based Safeco’s net income dropped nearly $37 million in the second-quarter 2008 over the same time period in 2007, the company reported today. For the second-quarter 2008, Safeco posted net income of $149.5 million. This compares with net income …
