The Hartford has launched a new television ad promoting tailored small business insurance solutions. The new ads focus on a single product in the fast-growing small business segment to present a compelling reason for the owners of small businesses to …
The National Association of Insurance Commissioners Privacy Working Group has passed a resolution providing for uniform compliance of privacy regulations by July 1, 2001. The resolution was passed during deliberations at the NAIC’s Summer National Meeting. This resolution aligns state …
The majority of respondents to a recent Insurance Research Council (IRC) survey of U.S. households support changes in the way that class action lawsuits are handled. Seventy percent agreed that significant reform of the class action lawsuit system is needed. …
The Hartford Financial Services Group and Sears, Roebuck & Co., have signed an agreement to market home and auto insurance to Sears’ 60 million customers. The insurance products will be marketed under the Sears name, but the policies will be …
A significant number of Americans surveyed—35 percent—believe that it is alright to exaggerate insurance claims under certain circumstances, according to a recent Insurance Research Council (IRC) survey. These respondents agreed that it is acceptable to increase the amount of an …
State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49 states, the District of Columbia and three Canadian provinces. In Texas, State Farm has asked the Texas Department of Insurance …
Assurance Partners Bank, a specialized bank founded by the insurance industry to provide banking products and services to insurance companies and their customers, employees and agents, is open and ready for business. The bank, headquartered in Carmel, Ind., offers home …
This month’s Congressional vote to eliminate the so-called death tax has the Independent Insurance Agents of America very pleased, though they are mindful it is the first step down the long road to enactment. IIAA supports the measure because it …
Arthur J. Gallagher & Co. has completed four insurance agency acquisitions, purchasing Davis-Poston & Assoc. of Dallas; Bultman/Bell Associates of Greenville and Columbia, S. C.; Universico Group of St. Claire Shores, Mich.; and Joe E. Martin Inc. of Springfield, Mo. …
GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under the settlement, Liberty Mutual agreed to stop …
