Monthly Archives: <span>October 2000</span>

Commentary: The Rainy Season Arrives as D&O Market Begins to Tighten

Hopefully D&O policyholders have been putting some premium away for a rainy day, because it has started to drizzle and thunderstorms are just around the corner. The end of the soft market is in sight. The last “hard” market occurred …

Drawing the Line: New Maps Put More Homes in Floodplain

A routine update of floodplain maps in Pleasant Hill and San Pablo, Calif. has added more than 1,000 households to flood zones in both of the cities. Richmond, Martinez, Concord, Pittsburg, Danville and Clayton will also be affected by the …

Houston Bestows IIAA Presidential Citations

Independent Insurance Agents of America President William M. Houston, CPCU, ARM, today bestowed special IIAA Presidential Citations to several deserving individuals for their outstanding contributions on behalf of the independent agency system. The honorees were: Independent Insurance Agents of Georgia …

IIAA Honors 2000 National Awards Program

Top honors in the Independent Insurance Agents of America’s 2000 National Awards Program were presented today to the Independent Insurance Agents of New Mexico, the Independent Insurance Agents of Oklahoma, and the Michigan Association of Independent Agents during the National …

Young Agents Committee of Indiana Named 2000 Outstanding

The Indiana Young Agents Committee was one of several state associations that were honored with national awards of excellence at IIAA’s 2000 Young Agents Leadership Conference, held Oct. 28-30 at the Orlando World Center Marriott. More than 100 young agents …

iwix.net Signs AIG Worldsource; Product Recall Products Added to Site

iwix.net, an Internet specialty insurance marketplace, has signed AIG Worldsource to provide new products on the iwix.net site. AIG Worldsource, located in New York, will provide product recall coverages, which will include expense and third party liability coverage for damages …

IBStv to Offer Videos on ebix.com’s Insurance

Insurance Broadcast System has enhanced its partnership with ebix.com and will now provide three Internet video-based educational and marketing tools to insurance and financial planning professionals through www.ebix.com. These services are available on a pay-per-view basis. Agents, brokers and financial …

High Winds, Rain Lash U.K., France

In scenes reminiscent of last years deadly storms winds over 100 mph battered southern England Sunday night, downing trees and ripping the roofs off houses before moving across the channel to northern France with undiminished fury. Accompanied by heavy rains …

Zurich Takes Over INZIC – Major Shareholder in Baloise

Zurich Financial Services obtained the remaining 30 percent interest it didn’t already own in INZIC, an investment partnership set up to hold an approximately 30 percent stake in Swiss multi-line insurer Baloise. Zurich first obtained the stake a year ago, …

Decision in Lloyd’s Lawsuit Expected

The judge’s decision in the Jaffray case against Lloyd’s is expected within the next two weeks. The suit by some 200 “Names” seeks damages for fraud related to their recruitment as investors by Lloyd’s in the 70’s and 80’s, and …