Archive for May 2015

The New Hampshire Secretary of State’s office plans to continue fighting a proposal in the Senate’s budget that takes away its authority to monitor the state’s public risk pools. The New Hampshire Senate Finance Committee voted Wednesday to uphold an … The article N.H. Budget Writers Uphold Changes to Public Risk Pool Oversight appeared first…

ACE Group announced the promotion of Gary Jack, chief operating officer, South Africa, to the role of country president as it continues to grow its business in Africa. In his new role, Jack will be responsible for managing the performance, … The article ACE Appoints New Country President for South Africa appeared first on Insurance…

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service firms, hired Jay Bateson as senior broker and vice president. Based in Ames & Gough’s McLean, Virginia, office, … The article Ames & Gough Hires Bateson as Senior Broker in Virginia appeared first…

With Washington state overhauling its medical marijuana law, Seattle Mayor Ed Murray says the city is planning to shutter dozens of dispensaries. Murray this week announced plans to require a new special business license for marijuana establishments, akin to those … The article Dozens of Washington Medical Marijuana Dispensaries to Be Shuttered appeared first on…

Jason Kwon, 32, of Santa Fe Springs, Calif., and David Chang, 32, of Burbank face 41 felony counts of insurance fraud, grand theft and identity theft for allegedly submitting fraudulent claims totaling $1.3 million to obtain low cost replacement mobile … The article 2 California Men Nabbed for $1.4M Mobile Phone Insurance Scam appeared first…

The Amtrak crash that killed eight people this month raised questions of the safety of one-engineer trains, thwarting the idea of reducing freight crews for now, Union Pacific Corp. Chief Executive Officer Lance Fritz said. While cargo operators would save … The article Single Engineer for Trains a Tough Sell Following Amtrak Crash appeared first…

Guiding the Generations How to bridge the gaps in insurance and underwriting. By: Mike McDonough In insurance and underwriting, continuing education is critical for employees at every stage of their career.  It doesn’t matter if you’re talking about someone who’s just starting out or a person who has been in the business for 20+ years,…

Insurance Observations for May By: Mike McDonough   Hiring season is heating up across the country   Memorial Day has passed, and for most of us that signals the unofficial beginning of summer. As the season sets in, we’re seeing a significant increase in Broker/Agency jobs across Texas and in the east throughout New York…

Reduce Turnover With These Strategies By: Gina Deveney, Beyond Companies can track employee turnover as a way to gauge how well firms keep employees and for how long. Many employers have experienced a higher-than-normal turnover rate due to the improving economy as workers leave for better-paying jobs. Hiring just one person may cost employers a…