Allstate Insurance Company said it will open an $11.6 million customer information center in San Antonio, Texas, and is planning to hire 600 employees as part of that move. Allstate vice president of direct sales and service Mark Pitchford said …
Vortex Insurance Agency LLC (Vortex), based in Overland Park, Kan., has added “Drought Shield” to its list of available weather insurance products. Drought affects a countless number of agriculture related businesses, including hay producers and ranchers, whose livelihood depends on …
Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis. The world’s largest automaker …
A successful conclusion to the Doha round of global trade talks is still possible in 2010, but would need an injection of political energy, World Trade Organization (WTO) head Pascal Lamy said on Tuesday. A summit of leaders from the …
Toyota faced its first U.S. class-action lawsuits stemming from complaints of faulty brakes in its top-selling Prius hybrid car and from investors claiming they were misled about problems with unintended acceleration in a wide range of models. Litigation mounted as …
K. Patrick Armstrong has joined the executive team at New York-based ReSource Pro as a business process consultant. Armstrong will work with insurance agencies, brokers, MGAs and carriers to implement insurance process outsourcing Patrick joins ReSource Pro with 20 years …
Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …
As state legislators across the United States enact laws that ban phoning or texting while driving, a new study finds no reductions in crashes after hand-held phone bans take effect. Comparing insurance claims for crash damage in four U.S. jurisdictions …
Willis Group Holdings has extended the contract of its chairman and CEO, Joseph J. Plumeri, until July 7, 2013. His previous agreement was set to expire on the date of the company’s annual meeting in April 2011. Plumeri was first …
$12 Billion Hurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in Texas resulting from Ike totaled …
