Bank of America Corp. said it is exploring the possibilities of selling its insurance brokerage business, Banc of America Corporate Insurance Agency LLC. The bank did not say why it wants to sell the unit or what price it expects …
The Federal Emergency Management Agency is more prepared than ever for the 2007 hurricane season, having at the ready helicopters, generators, disaster medical teams and road clearing crews to react within hours, according to FEMA Director R. David Paulison. “So …
The tort system in the United States cost small businesses $98 billion in 2005, with the fear of lawsuits altering the way the small business owners make decisions, according to studies released at a Congressional hearing by the U.S. Chamber …
Financial executives at the world’s largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the “Managing Business Risk Through 2009 and Beyond” study commissioned by commercial and industrial property …
In the age of the internet insurance consumers are going online to shop for insurance. LeadsClearance.com connects insurance agents with motivated consumers. Unlike other insurance lead providers, LeadsClearance.com allows insurance agents to preview leads before buying. Because LeadsClearance.com offers unsold …
Gov. Marc Racicot, president of the American Insurance Association (AIA), praised the insurance industry for its quick response in assessing the damage and paying policyholder claims in the aftermath of the devastating tornado that leveled the town of Greensburg, Kan., …
Washington’s Industrial Safety and Health Advisory Board is accepting nominations for the governor’s annual lifesaving awards. All Washington workers covered by the workers’ compensation system or a selfinsured employer are eligible for the lifesaving nomination. According to the board, the …
The Connecticut House of Representatives unanimously approved legislation which would — for the first time in Connecticut — make chiropractor malpractice records public information. This follows the unanimous approval by the state Senate on April 11th. The bill —SB-249— now …
Terri Rose was living comfortably with her four children when 2004’s Hurricane Frances ripped a hole in the family’s roof. A few weeks later, Hurricane Jeanne soaked everything. Their home was condemned, then demolished. Two years later, Rose and two …
With the 2007 hurricane season on the horizon, Steve Munnell acknowledges that the state’s roofing contractors are “praying for rain.” The executive director of the Florida Roofing, Sheet Metal and Air Conditioning Contractors Association said a slow 2006 storm season …