House OKs new standards for offshore drilling

WASHINGTON (MarketWatch) — Companies that drill for oil in U.S. waters would be required to pay 100% of spill-related damages under a bill approved Friday in the House of Representatives. Written in response to the BP oil spill, the bill removes a $75 million liability cap now in place; requires independent certification of equipment and sets up other new offshore-drilling standards; and …

Preparing for Hurricanes

At a forum on hurricane preparedness, held Tuesday evening at the Southampton Cultural Center, Tom Crowley shared a cautionary tale with the audience. Crowley, an independent insurance agent, lives close to the water in Southampton Town. Every year he griped about paying for flood insurance and around 11 years ago canceled his policy.

Working As An Independent Insurance Agent

By Shareen Aguilar An insurance agent usually starts with expenses and experiences groping for useful insurance information on the first few stages of launching an insurance business. These agents are called the independent insurance agents and it usually is a struggle for many at this point. The fact that being independent doesn’t guarantee any secure payment from a boss, since you are your own boss; is already a fact any aspiring insurance agent shouldn’t escape.

The Advantage of Having an Independent Insurance Agent

If you have to choose between an insurance company agent and an independent insurance agent, you might want to choose the independent agent over the one who works for the company. It may look more impressive when an agent works for a company rather than by himself. But there are certain advantages that an independent agent has over a company agent.