News – Insurance Journal
|McDermott Costa Acquires A.B. Stevenson in California
McDermott Costa Insurance has acquired A.B. Stevenson Insurance Brokerage based in San Leandro, Calif. Terms of the deal weren’t disclosed. A.B. Stevenson offers both personal and commercial insurance, including workers’ compensation, and business owners polices. McDermott Costa Insurance provides insurance …
POSTED NOVEMBER 08, 2019 9:15 PM
|FEMA Postpones Switch to New Risk-Based Flood Insurance Rating Until 2021
The federal government is delaying implementation of a major change to its pricing formula for federal flood insurance that bases rates on a more accurate assessment of the real flood threat for each home and reflects the cost of rebuilding …
POSTED NOVEMBER 08, 2019 7:02 PM
|Mother of Brain-Damaged Boy Awarded $50M in Illinois Malpractice Suit
A jury awarded $101 million to the mother of a severely brain-damaged boy who sued a Chicago-area hospital for medical malpractice, but an agreement between the parties cut the amount to $50 million, a lawyer said. Attorneys told a Cook …
POSTED NOVEMBER 08, 2019 5:49 PM
|After Leak in North Dakota, Keystone Pipeline Restart Waiting on Corrective Action
Federal regulators have ordered the Keystone pipeline to remain shut down until its Canadian owner takes corrective action aimed at determining the cause of a breach that leaked an estimated 383,000 gallons (1.4 million liters) of oil in northeastern North …
POSTED NOVEMBER 08, 2019 5:46 PM
|Horvath, McManamy Promoted at Illinois’ Employee Benefits Provider, Trustmark
Trustmark, a national employee benefits provider headquartered in Lake Forest, Illinois, has promoted Steve Horvath and Sean McManamy to new positions. McManamy, a corporate senior vice president and member of the Trustmark enterprise leadership team, will assume leadership of HealthFitness, …
POSTED NOVEMBER 08, 2019 5:45 PM
|Workers’ Comp Rate Decrease Approved for Louisiana
A filing by the National Council on Compensation Insurance (NCCI) that would reduce workers’ compensation insurance rates in Louisiana by 8.4% next year has been approved by Louisiana Insurance Commissioner Donelon. According to the Louisiana Department of Insurance, the decrease, …
POSTED NOVEMBER 08, 2019 5:44 PM
|Martinez Joins Risk Consulting Practice in Chicago as Private Risk Practice Leader
Risk Consulting Partners (RCP) has added Amanda Martinez as Private Risk Practice leader, based in Chicago. Martinez brings more than 10 years’ experience to RCP in the private client property and casualty space. She joins the firm from Marsh USA, …
POSTED NOVEMBER 08, 2019 5:43 PM
|Herrera Appointed Director of Operations at Texas Surplus Lines Stamping Office
The Surplus Lines Stamping Office of Texas (SLTX) has named Cheyenne Herrera director of Operations. Herrera originally joined SLTX in 1998 as a data entry clerk. She oversaw the implementation of the Electronic Filing System (EFS) beginning in 2003 and …
POSTED NOVEMBER 08, 2019 5:42 PM
|Texas Insurance Industry, Local Police Departments Team Up for Vehicle Crime Prevention
Auto burglaries and thefts affect over 250,000 motorists each year in Texas resulting in more than $1 billion in losses according to the Motor Vehicle Crime Prevention Authority (MVPCA). Now through a program sponsored by the Insurance Council of Texas, …
POSTED NOVEMBER 08, 2019 5:41 PM
|Undisclosed Settlement Reached Over Deadly Hawaii High-Rise Fire
Plaintiffs and defendants reached a settlement over a deadly Honolulu high-rise fire, although the amounts to be paid by insurance companies remains confidential, attorneys said. A settlement conference concluded Tuesday regarding the July 2017 Marco Polo building fire that killed …
POSTED NOVEMBER 08, 2019 4:21 PM
Progressive Agent Articles - Insurance Basics
|Auto Insurance Made Easy
Understanding insurance can often be like trying to learn a foreign language. Many find it confusing and intimidating. Fortunately, there's help. Here is a quick reference designed to help you understand some of the most common kinds of coverages. The reference was put together by The Progressive Group of Insurance Companies.
POSTED JANUARY 14, 2009 1:00 PM
|Fact or Fiction: Uncovering Auto Insurance Myths
Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they're buying. In the rush to feel “covered,” they can skip the details. That can lead to frustration. Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies.
POSTED FEBRUARY 12, 2009 1:00 PM
|Putting Insurance Companies to Work for You
Car insurance may be one of the last things that comes to mind when you think about saving time, but the insurance company you choose can actually have a big impact on your time should trouble strike.
POSTED MAY 06, 2009 1:00 PM
|Car Insurance Myths Debunked
Do red cars really cost more to insure? Is Comprehensive coverage really comprehensive? Should you and your neighbor be paying the same amount for car insurance? Leading car insurer Progressive debunks a few of the more widely held myths.
POSTED AUGUST 27, 2009 1:00 PM
|Six Steps To Take If You're In An Accident
Car accidents can wreak havoc on an otherwise peaceful day. Even if they’re minor, they can often create confusion. You might ask yourself, how should I react? What should I do? Leading car insurer Progressive offers these simple steps to follow after an accident.
POSTED NOVEMBER 05, 2009 1:00 PM
|Used Car Buying Tips
Before you buy a used vehicle, here are a few tips from leading car insurer Progressive to make sure you're getting your money's worth.
POSTED JANUARY 04, 2010 1:00 PM
|Cutting New-Car Costs
To help consumers control car costs—from sticker price to insurance premiums—The Progressive Group of Insurance Companies offers these tips.
POSTED MARCH 15, 2010 1:00 PM
|Four Questions To Get The Right Auto Insurance
Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is involved in an accident.
POSTED MAY 17, 2010 1:00 PM
|Take Action to Avoid Driving Distractions
It may seem harmless to answer a quick call, grab a bite to eat or let your dog ride in your lap when you're behind the wheel. But in 2008, accidents caused by distracted drivers injured about 515,000 people. It takes two hands, a sharp eye, and your full attention to safely drive your car. Anything that keeps you from doing so means you're driving while distracted, or "DWD."
POSTED OCTOBER 10, 2010 1:00 PM
|Smart Tips for Insurance Shoppers
When buying a car, there's more to consider than the make and model. Price, size, gas mileage—even the way it feels behind the wheel—affect your decision. You also should weigh your options when buying auto insurance. With many brands and features and price ranges out there, it pays to do your homework.
POSTED JANUARY 31, 2011