Fremont Insurance, a Michigan-based property and casualty insurance carrier, has unveiled new enhancements to the company’s yacht policy, which allows policyholders the ability to travel anywhere in North America without loss of coverage or travel endorsements. Fremont Insurance has expanded …
The U.S. Chamber of Commerce announced that Peter S. Rashish has been named the new vice president for Europe and Eurasia. He will lead the Chamber’s International Division in “crafting and implementing strategies to promote the interests of Chamber members …
Two tax proposals that would have had negative consequences for insurers and policyholders were averted last week as the New Mexico legislature wrapped up its 2010 regular session, according to the Property Casualty Insurers Association of America (PCI). Facing a …
Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …
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 …
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement …
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
The private crop insurance industry is blasting a proposed restructuring in the crop insurance program it says would cut $4 billion — or $800 million a year — over the next five years. The proposal by the U.S. Department of …
“Price is what you pay. Value is what you get.”—Warren Buffet Agents, brokers and underwriters should heed Mr. Buffet’s advice and consider how they’re doing business. I’ll bet if I asked agents whether they are selling price or value, most …
Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …
