Legislation recently passed the U.S. House of Representatives that would provide Superfund liability protection for small businesses that disposed of municipal solid waste before April 1, 2001. According to Julie Gackenbach, NAII director of government relations in NAII’s Washington office, …
Five to seven hurricanes could strike the Caribbean and southeast U.S. coasts this year, the National Oceanic and Atmospheric Administration (NOAA) is predicting. This hurricane season, which officially started on June 1, is considered average. Experts said eight to 11 …
According to the results of a recent study, property/casualty insurers are no longer using the Internet to simply provide information to customers and prospective policyholders, they are using the web to offer clients and prospects a variety of value-added services. …
Financially troubled Reliance Insurance Company was placed into rehabilitation on May 31 at the request of the Pennsylvania Insurance Department. A Penn.-domiciled company, Reliance is licensed to write coverage in all 50 states, although it ceased writing virtually all new …
Decreases in investment income, coupled with increases in the severity of lawsuits and the rising costs of reinsurance, are likely to make medical malpractice a difficult market in the near future, according to Conning & Company. The study, “Medical Malpractice …
The Independent Insurance Agents of America (IIAA) announced the launch of InsurBanc, a unique federal savings bank that consumers can access through their hometown-based independent insurance agents. As approved by the Office of Thrift Supervision (OTS), InsurBanc is authorized to …
So I come across an e-mail or a site that tells me that if I subscribe to a Hewlett-Packard e-newsletter, that I’ll get a $10 gift certificate to Amazon.com. Now, you know me, I can’t pass up free money when …
It feels like the countdown to Y2K. Will we be ready? Will the industry fall apart if we aren’t in compliance with GLBA before the looming date of July 1, 2001? That’s the day by which agents and brokers must …
If you’re like most consumers, you get lots of mail from banks—banks that already call you a customer and those that consider you a prospect. “Hey, for a low rate of 2.9 percent, you can go into even deeper debt …
What’s the biggest problem area in the California insurance market these days?” When asked that question, most in the know would probably, without any hesitation, reply, “Workers’ comp.” But there are others who, with equal conviction, would say that right …
