Less than half of the states are likely to have their own privacy rules in place by the July 1 deadline imposed by the Gramm-Leach-Bliley Act (GLBA), a survey conducted by the National Association of Mutual Insurance Companies (NAMIC) shows. …
Mailboxes throughout the West have been rapidly filling with literature outlining the “Privacy Policy” of virtually every organization that has ever taken a credit application. As the Gramm-Leach-Bliley Act (GLBA) takes hold, predictions of massive corporate mergers, acquisitions and blending …
Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton Group’s biannual Compensation Survey. Some 2.3 million …
Up and down the West Coast, stadiums and sports arenas welcome in fans every day. Whether it is for a football game or a pop concert, the venue is open to a number of exposures that must be covered before …
John Amore, president and CEO of Zurich U.S., has a vision not just for his company but for the industry. “I think the industry needs to rebrand itself,” Amore told IJ in an exclusive interview in Zurich’s Dallas regional office. …
At the 2001 AAMGA Annual Meeting, held May 20-24 in Indian Wells, Calif., at least one topic of discussion was as intense as the desert sun—all current indications clearly reflect a tightening of the market. There are some major differences …
What: The Gramm-Leach-Bliley Act (GLBA) regulations create unprecedented new obligations for insurance agents to adopt comprehensive privacy policies for handling customers’ personal information. When: Among other things, the regulations require virtually all independent agents and brokers to notify their customers …
Managing Agency Partners (MAP) Underwriting, one of Lloyd’s newest syndicates, has come up with an innovative and timely policy aimed at protecting investors from losses caused by wars and political violence in troubled areas like the Middle East. The risks …
Some changes are in the air at Monarch E&S as Derek Borisoff is taking ownership of the company from Don Penniall. Penniall founded Monarch E&S, a surplus line/managing general agent, at an age when most employees are thinking about where …
A number of agents and a colleague from Ray’s Bail Bonds in Riverside, Calif., found themselves on the other end of the bailing out process last month when more than 200 felony counts were levied against them for allegedly having …
