A.M. Best has revised the outlook to “stable” from “negative” for personal and commercial property-casualty insurer Farmers Insurance Co. of Flemington.
Insurance agents and financial service professionals many find themselves increasingly in the crosshairs of business owners looking to save their businesses, a lawyer in Massachusetts is warning.
GUARD Insurance Group has begun offering Businessowner’s Policy (BOP) coverage in Maryland, a complement to its traditional specialty workers’ compensation insurance for small- to medium-sized accounts.
Regulators with the Oregon Insurance Division are asking doctors and dentists across the state to contact them if they purchased business owners’ insurance through a Washington state agent accused of … Read →
Glen Rock, N.J.-based insurer MSO has expanded its commercial auto program to Indiana, where it already offers businessowners (BOP), commercial inland marine, and commercial and personal umbrella coverage in the state.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.