January 12, 2009
Toyota said last week that it plans to roll out new safety and driver-assist programs on certain Toyota and Lexus models beginning late this summer. That marks the first major competition for Detroit-based General Motors’ OnStar service since it started …
January 11, 2009
In light of the enormous losses and cascading failures triggered by the financial crisis, companies across the United States will be looking to their insurance policies for loss mitigation. However, recent developments in several states bolstered policyholders’ ability to defeat …
January 11, 2009
National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional liability, commercial, umbrella, vacant buildings, contractors and personal lines. Cugini …
January 11, 2009
Alice A. Molasky Arman joined Western Insurance Co. as senior vice president of government relations. Molasky Arman recently retired from the State of Nevada, where she was recognized as the state’s longest serving Commissioner of Insurance serving a tenure from …
January 11, 2009
What Insurance Professionals Need to Know to Protect Their Commercial Clients As the economy continues to falter and a new Administration takes over in Washington, the workplace is being seeded with new legal hazards for business owners that could lead …
January 9, 2009
“Agricultural insurance plays an important role in stimulating investment in agriculture and in stabilizing farmers’ income,” concludes a recently issued report from Swiss Re. The report, “Setting up sustainable agricultural insurance: the example of China,” suggests that the country’s experience …
January 9, 2009
When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in emerging …
January 9, 2009
AFCO Credit Corp. has plans to buy the domestic operations and assets of the premium finance business of Cananwill from Aon Corp. Glenview, Ill.-based Cananwill provides insurance premium financing for commercial property and casualty policies. It was founded in 1937. …
January 8, 2009
KPD, an Oregon based insurance and risk management company, has merged with Portland insurance agency Jones Kendall Sauer. The insurance office will be located at One Lincoln Center near Washington Square. Jones Kendall Sauer has been providing professional personal and …
January 6, 2009
Four Mutual sales agents with Mutual Benefits Corp., a viatical and life settlement company, for their alleged involvement in a scheme that officials say raised more than $1.25 billion from more than 30,000 investors before being shut down in May …