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
With a new administration in power, an economic crisis in full bloom and insurance at the top of the news because of problems at AIG, there never was a more critical time for independent agents to make their voices heard in Washington.
More coordination is needed among the panoply of organizations seeking to make insurance industry technology more uniform and user-friendly for agents, according to the new president of the AMS Users Group.
The Wheaton, Ill.-based American Association of Insurance Services (AAIS) said it has made a nationwide filing of some additions to policy language for use with commercial insurance policy forms.
There is now a large combine of states investigating the details of American International Group bonus compensation for executives, a spokesman for the New Jersey State Attorney General's Office said yesterday.
There is now a large combine of states investigating the details of American International Group bonus compensation for executives, a spokesman for the New Jersey State Attorney General's Office said yesterday.
The owner-operator of a fish farm in Chenango County, N.Y., reeled in $66,100 in fraudulent workers' compensation benefits from the New York State Insurance Fund before being caught.
WASHINGTON--James T. Armitage, the new president of the AMS Users Group, told members gathered here they need to challenge themselves and fellow members of the insurance industry to develop better