United States News

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 …

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 …

No-Fault Auto Insurance Popularity Declines

RAND Study Shows Coverage Fails to Limit Court Costs, Lower Premiums No-fault automobile insurance, once seen as a way to limit court costs and lower premiums, has declined in popularity among both insurers and consumers because it largely has failed …

U.S. Regulators Demand Fix for Failed Oil Pipeline in Michigan

U.S. regulators have told Canada’s Enbridge to detail a safety and repair plan for a failed oil pipeline in Michigan after warning in January the company appeared to be in violation of safety standards because it was not monitoring rust …

Japan Tanker Shows How Getting Answers on Ship Security Not Easy

The confusion around what the owners initially called a possible “attack” on a Japanese tanker in the volatile Straits of Hormuz shows the difficulties markets and policymakers face reacting to security events offshore. As with the sinking of a South …

Japan Supertanker Probe Reveals Crash Impact

A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials inspecting the ship said on Thursday. Damage to the massive crude …