Travelers Agribusiness, in response to a growing interest from independent insurance agents across the country, has developed Travelers Agribusiness System (TAgS).TAgS, an automated system that allows agents to rate, quote and issue policies, while
Earlier this year, the president of a major carrier casually noted he did not buy personal lines coverage from his own company for fear of raising ethical conflicts. Check what readers had to say.
Ivan Fercho has joined Moores Insurance Management Inc., as chief financial officer (CFO). Fercho, who's 30-year career in the financial field is multifarious, most recently served as CFO for Toshiba business solutions. Fercho will
Treasury Secretary Tim Geithner told a congressional committee today he will ask Congress Thursday to okay a federal receiver for "systemically important" nonbank financial firms like American International Group.
Two states have contractor liability bills that will change how agents write coverage. In Texas, Senate Bill 555 (R-Robert Duncan) was approved on March 18. The bill would change a long-standing state law that general contracts can require
Lloyd's reported today that its 2008 profit plunged to $2.7 billion from $5.66 billion in 2007, but its chief executive said the amount was "a pretty good result," given the current financial market.
Only one American sport utility vehicle secured a "good" evaluation in the new strength rating system that the Insurance Institute for Highway Safety has adopted in a push for a tougher standard from manufacturers.
Insurers and brokers are ready and eager to back the construction industry, which stands to gain $132.2 billion from President Obama's economic stimulus package, said A.M. Best in a March 9 article. U.S. insurers receive $7 billion to $9 billion
The Los Angeles Times reports that California's construction workers top the list of chronically uninsured employees. The data was collected from the California Health Interview Survey (2005) by UCLA's Center for Health Policy