United States News

Eighty percent of employees who were victims of insults or bullying in the workplace lost valuable work time worrying about the incident. Another Business ‘Golden Rule’ It’s one of the golden rules of customer service: Never be rude to a …

Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers

The Deepwater Horizon disaster in the Gulf of Mexico will not be a major event for the property/casualty insurance industry, but it may spur tightening of insurance terms and prices in the energy sector, according to global professional services company …

Declarations

Low Seismicity “North Dakota is one of the lower seismicity areas of the country.” —Bob Woodward, a project director with The National Science Foundation’s EarthScope project in Washington, D.C., commenting on the lack of seismic activity in North Dakota so …

Ohio Auto, Homeowners Insurance Rates Increase in 2009 The average rates for the top 10 homeowners insurance providers in Ohio increased by 9.7 percent in 2009, according to the Ohio Department of Insurance. The average rates for the state’s top …

Business Moves

Markel, Aspen Holdings (FirstComp) Specialty insurer Markel Corp. has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small businesses in 31 states. Aspen, which is headquartered in …

Business Moves

RSI International, Insurance Network Texas-based RSI International Inc. has acquired Insurance Network Corp. (INC), a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes in securing property/casualty coverage for Texas-based retail agents. Jim Chippendale and …

Risk Managers Not Satisfied With U.S. Insurance Providers’ Service

Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating risk management to a strategic priority, many brokers and …

Eighty percent of employees who were victims of insults or bullying in the workplace lost valuable work time worrying about the incident. Another Business ‘Golden Rule’ It’s one of the golden rules of customer service: Never be rude to a …

How Program Partners Can Help Agents Sell Value

There is a quote from Warren Buffet that I want to put on my wall and send to all my colleagues: “Price is what you pay. Value is what you get.” Agents, brokers and underwriters should heed Mr. Buffet’s advice. …

Business Moves

Hub International, Maple Leaf Insurance Chicago-based Hub International Ltd. announced that its Transportation Insurance operating unit acquired the retail book of business from Maple Leaf Insurance Agency Inc., a Bremerton, Wash.-based brokerage firm that serves trucking companies throughout the United …