News – Insurance Journal
|UK Insurer First Central Weighs Sale That Could Value Business at £600M: Sources
British insurer First Central Group Ltd. is considering a sale that could value the business at about 600 million pounds ($800 million), people with knowledge of the matter said. First Central Group is working with Evercore Inc. as it prepares …
POSTED JANUARY 27, 2022 4:31 PM
|Georgia Committee Chair Wants More Study on PTSD Workers’ Comp Bill
Supporters spoke passionately Wednesday about the need for workers’ compensation insurance to cover mental health treatment for first responders, but the chair of a Georgia House committee decided to send the bill to a council for further study. Sponsored by …
POSTED JANUARY 27, 2022 4:21 PM
|Crop Insurance Payouts Rise as Climate Change Worsens Droughts, Floods
Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report …
POSTED JANUARY 27, 2022 4:00 PM
|Los Angeles County Faces Lawsuits Over Deadly Fire Station Shooting
Los Angeles County faces two lawsuits connected to last year’s shootings at a fire station that killed a firefighter and wounded a captain in attack investigators said stemmed from a longstanding job-related dispute. Firefighter Jonathan Tatone killed colleague Tory Carlon …
POSTED JANUARY 27, 2022 3:50 PM
|Everest Re Group Signs UN Principles for Sustainable Insurance
Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a global framework for a sustainable insurance industry developed through partnership between risk management leaders and the United Nations Environment Programme …
POSTED JANUARY 27, 2022 3:50 PM
|Relation Cozies up to Hodge Ethridge in South Carolina
Relation Insurance Services has continued its rapid-expansion plan with the purchase of South Carolina-based Hodge Ethridge Insurance and Financial Services, the company announced. The terms of the deal were not disclosed. Hodge Ethridge was previously part of the Nationwide Mutual …
POSTED JANUARY 27, 2022 3:50 PM
|Evacuations Lifted for Wildfire on California Coast
Evacuation orders were lifted Wednesday as firefighters strengthened control lines and mopped up hot spots at a wildfire along California’s Big Sur coast, authorities said. Fire activity was minimal overnight, with higher humidity and light winds, Cal Fire said in …
POSTED JANUARY 27, 2022 3:47 PM
|First Light Dives in With Marine N-Surance Acquisition
Marine N-Surance Brokers, a wholesaler and managing general agency in Longwood, Florida, has been acquired by First Light Program Managers, the firms announced. Marine was founded in 2002 by Paul Greenaway and has specialized in wholesale marine liability, marine packages, …
POSTED JANUARY 27, 2022 3:32 PM
|Climate Risk Is Top London Market Challenge, IUA Survey Shows
The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association (IUA) has revealed. In a survey of its members, the organization recorded 27% of respondents mentioning climate change and wider …
POSTED JANUARY 27, 2022 3:31 PM
|Marsh McLennan Q4 Net Income Jumps Over 100%
Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803 million. Full year net income increased about 56% to $3.1 billion from $2 billion for all of 2020. Net income …
POSTED JANUARY 27, 2022 3:03 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