Guest Opinion: Why did my business’s premiums go up 19%?

The views expressed in Guest Opinions represent only those of the author and are in no way endorsed by Richmond BizSense or any BizSense staff member. As with many of you, as a small-business owner, I have any number of operating expenses each month.  One significant expense is health insurance. On the first of each… Read more »

Local biz owner hits Capitol Hill

Local small business owner Tammy Rostov made an appearance at the U.S. Capitol yesterday to support a healthcare reform drafted by House Democrats.

Welsh firm close to offering car insurance in Va.

Admiral Americas will offer auto insurance to Virginia motorists late this year or in early 2010, according to a story in WalesOnline. The insurance company, with headquarters recently established in Richmond, is the U.S. arm of Wales-based Admiral Insurance. The company is the third largest auto insurer in the United Kingdom. WalesOnline reports the Richmond… Read more »

King of Pop’s death ripples to Mondial insurance

Travel insurer Mondial Assistance, which has a large Richmond office, got a bit of a thriller on news of Michael Jackson’s death. The King of Pop was preparing for a sold-out concert series in London. With about a quarter-million tickets sold, a handful of companies are preparing to deal with perhaps the largest mass refund… Read more »

More than $1 billion from AIG flows into Virginia

The AIG plot is thickening here in Virginia. According to the company’s announcement on March 15, public entities in Virginia were on the receiving end of more than $1 billion in payouts. That’s the second most of any state behind California. You can see a graph here. According to the press secretary for Tim Kaine,… Read more »

Purchasing Insurance Over Internet Risky

Independent insurance agents are finding that consumers are making significant and costly mistakes when they are purchasing insurance over the internet. In a recent survey of Virginia independent insurance agents, 31 percent indicated that they have had to correct costly mistakes that consumers have made when they have purchased insurance on-line.