Monthly Archives: <span>June 2001</span>

CNA and MarketScout Partner to Target Independent Agents

Capitalizing on CNA’s underwriting skills and MarketScout’s eInsurance distribution system, the two companies will provide independent agents access to a broad array of CNA products via MarketScout’s portal at www.marketscout.com. CNA will be posted as the “Best of Class” insurer …

NAII Says Some NAIC Market Conduct Proposals Hit the Mark, Others Need Clarification

According to the National Association of Independent Insurers (NAII), the National Association of Insurance Commissioners’ (NAIC) proposals to improve the market conduct process for insurance companies meet the goals in some areas, while others need more clarification. Three of NAIC’s …

Tulsa Taxi Makes Drive to Appeal Suspension

Tulsa Taxi Co. is awaiting an appearance before the City Council June 7 to hear its case regarding a three-day suspension of the company’s operating certificate. According to a report in the Tulsa World, the company allegedly did not maintain …

Chubb Ins. Co. of Canada Launches Website

Chubb Insurance Company of Canada unveiled a secure website for personal lines brokers at Chubb Canada. The company began a pilot phase last December, and the location is now live for Chubb’s Ontario-based brokers. The site will go live in …

Philadelphia Consolidated Holding Joins S&P SmallCap 600 Index

Philadelphia Consolidated Holding Corp., which markets and underwrites specialty property and casualty insurance products, announced that after the close of trading on May 31, the company was included as a component of the S&P SmallCap 600 Index. Philadelphia Insurance Companies, …

Financial Services Integration: A Question of Privacy

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 …

Who’s Who Across Texas, Local Associations at Work

Local associations across the state continue to contribute to their communities and their profession in a variety of ways. Following is a report on activities for the past year from those that responded to our queries about what they’ve been …

Cloyce Anders, Louise Canter Elected to IIAA Officer Posts

Independent Insurance Agents of America’s (IIAA) National Board of State Directors confirmed W. Cloyce Anders as the association’s president-elect and elected Louise “Bebe” C. Canter, CPCU, ARM vice-president. The board nominated Anders and Canter, members of IIAA’s Executive Committee, at …

Crop Policies on U.S. Cotton Increase

A study conducted by an agricultural economist with Kansas State University in Manhattan, Kan. found a 3.7 percent increase in the number of crop insurance policies taken out on the U.S. cotton crop in 2001. According to BridgeNews, economist Art …

HCC Insurance Holdings Increases Earnings for First Quarter

Houston-based HCC Insurance Holdings Inc. announced that earnings increased for the first quarter of 2001 over the same period last year. The company said net earnings increased by 27 percent to $15.2 million or $0.28 per share, up from $11.4 …