Oklahoma Gov. Brad Henry has signed into law long-sought tort reform legislation aimed at curbing frivolous lawsuits and reducing costs associated with the justice system. Henry said House Bill 1603 by Rep. Dan Sullivan and Senate President Pro Tempore Glenn …
The insurance industry plays a significant role in California’s economy, employing hundreds of thousands of workers, investing billions of dollars in state and local governments and paying the fourth largest amount in taxes to the state’s General Fund, according to …
Al Diamond is one of the country’s best known and respected agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies across the country on issues ranging from operations to mergers …
Federal lawmakers once again are preparing to tackle the issue of how states can more effectively regulate the surplus lines insurance market. It’s been tried before, but legislation was recently reintroduced in the U.S. House of Representatives with the goal …
Understanding the Importance of Search Engine Optimization A couple times a year, I hear a clunk at my front door and I’m alerted by my barking dog that someone is there. I open the door to find my new Yellow …
Newly Reconstituted as Kingstone Insurance Co. DCAP Group Inc., an upstate New York franchiser of independent agencies, is ditching its franchise insurance business as part of a strategic move to exit the retail insurance business as it morphs into a …
Law Bars State from Regulating Insolvent PRI New York’s second-largest medical malpractice insurer is more than $43 million in the hole, according to new regulatory filings, but state regulators are legally forbidden from initiating the process to liquidate or otherwise …
AIG American International Group has signed an agreement to sell its prime real estate holding in Tokyo for approximately $1.2 billion to Nippon Life Insurance Co. The property includes approximately one acre of land on which The AIG Otemachi Building …
Undue Stress “The pending sale could create undue stress on our workers’ compensation system. We will fight every step of the way to ensure Ohio’s self-insured employers and their workforce are protected.” —Ohio Attorney General Richard Cordray. Ohio has joined …
AIG American International Group agreed to sell its prime real estate holding in Tokyo for approximately $1.2 billion in cash to Nippon Life Insurance Co. The property consists of one acre of land on which The AIG Otemachi Building in …
