August 18, 2010
Dog bite claims cost the insurance industry $412 million in 2009, an increase of 6.4 percent from 2008. Dog bites account for more than one-third of all homeowners insurance liability claims paid out in 2009, says the Insurance Information Institute …
August 18, 2010
The Boise, Idaho, Police Department has adopted a new program to help young drivers stay safe, and potentially reduce their insurance premiums. Working with a grant from the Idaho Department of Transportation, the Police Department and other local agencies are …
August 17, 2010
The Tennessee Department of Transportation is working to keep teen drivers safe and will travel to Red Boiling Springs High School in Macon County, Wednesday, August 18 to present “Between the Barrels” to 230 students. “Between the Barrels” is an …
August 17, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of the UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best said it anticipates an improvement in SMMI’s …
August 17, 2010
Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor. Islamabad, for instance, has blamed mankind’s …
August 17, 2010
The European Union and United States will hold a summit in Portugal in November, the EU and the White House said on Tuesday, offering an opportunity to rebuild ties strained by the cancellation of their last meeting. The summit will …
August 16, 2010
2010 Entrepreneurial Insurance Symposium On September 14 and 15 MarketScout will host over 400 industry leaders in Dallas, Texas at the fourth annual Entrepreneurial Insurance Symposium. To maintain market share, underwriters, retail agents and intermediaries must adapt. Those who understand …
August 16, 2010
U.N. Secretary-General Ban Ki-moon urged the world to provide more aid to flood-ravaged Pakistan on Sunday as the 20 million people made homeless grew increasingly desperate and new torrents inundated villages. Survivors fought over food being handed out from a …
August 16, 2010
A Georgia-based insurance broker is suing two former business partners that it had in an arrangement to sell health insurance products to the 7.5-million-member National Bapitist Convention. The brokerage, Kingdom Insurance Group, LLC, of Thomasville, Ga., claims it was cheated …
August 16, 2010
Buyers and Sellers Remain Cautious Insurance brokerage deals in the second quarter of 2010 barely bested the number of deals during the second quarter of 2009 bringing year-over-year activity slightly ahead of last. Forty-six transactions were announced from April through …