January 25, 2009
Revenue Growth Proves Challenge; Hiring New Producers Remains Priority The Independent Insurance Agents and Brokers of America (the Big “I”) recently released its annual “Best Practices Study,” a study of the leading agencies and brokers in the country The independent …
January 25, 2009
American International Group Inc. (AIG) named Russell Johnston president and CEO of AIG Environmental, a unit of AIG Commercial Insurance. Johnston joined AIG in 1990 serving in senior management positions within AIG’s Risk Management Group, including president of National Accounts, …
January 25, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …
January 22, 2009
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual has decided to join them. …
January 16, 2009
A Utah state attorney says governmental immunity laws protect the state from liability in the death of an 11-year-old boy mauled by a bear in 2007. Assistant Utah Attorney General Reed Stringham asked a 4th District Court judge to dismiss …
January 15, 2009
Nebraska has fallen out of the mainstream when it comes to smoking-related laws, but that could change. Thirty-seven states have passed laws requiring that all cigarettes sold in their states be fire-safe. Nebraska is not among them, but the state …
January 13, 2009
The National Safety Council, which campaigned to get U.S. states to enforce seatbelt laws, is taking on cellphones, saying it is starting a campaign to ban all use of mobile phones while driving. Even so-called hands-free devices should be banned …
January 13, 2009
Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced that it is adding workers’ compensation coverage to its commercial insurance product line. Workers’ compensation new business can be written by Colorado Casualty agents effective February 1 in …
January 12, 2009
Authorities didn’t believe Thomas William Randolph’s claim that an armed intruder shot and killed his wife before he shot and killed the gunman last May. Las Vegas police homicide Lt. Lewis Roberts said Randolph’s deameanor and evidence at the scene …
January 11, 2009
Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …