October 29, 2001
As the California Legislature wound up its 2001 session in mid-September, two workers’ compensation-related bills awaited their fate on the desk of Governor Gray Davis. AB 1183: CIGA Premium Surcharge In the case of AB 1183 (Calderon), a decision came …
October 29, 2001
In an ongoing effort to improve services to insurers, the California Department of Insurance (CDI) launched a new online Rate File Review Standards Checklist for property and casualty insurers on the department’s website, www.insurance.ca.gov. According to Commissioner Harry Low, the …
October 29, 2001
Norman J. Levine, executive director of the California Insurance Wholesalers Association, passed away on Oct. 9. Levine, 74, had an insurance career that spanned a number of decades, entering the industry as soon as he graduated from Northwestern University. He …
October 29, 2001
TowerStreet, a division of AMS Services Inc. and a provider of Internet-based rating and underwriting, added a pair of companies to its list of marketing partners — idNET and Web Application Marketing Management and Consulting (WAMMAC). idNET provides agency-branded service …
October 29, 2001
Zurich North America Environmental kicked off a fourth-quarter sales promotion for its agents on Monday, Oct. 22. Through the rewards program, called “Turn up the Volume,” Zurich North America agents who reach specified gross premium targets will receive valuable prizes. …
October 29, 2001
In Congressional testimony, National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Kathleen Sebelius outlined the NAIC’s suggested role for the federal government in insurance for future terrorist acts. Testifying before the Senate Banking Committee, Sebelius shared the …
October 29, 2001
Four leading insurance carriers have signed on as founding sponsors of Trusted Choice, the new consumer marketing brand created by the Independent Insurance Agents of America (IIAA) and independent agency insurance companies, IIAA CEO Robert A. Rusbuldt announced. “These companies …
October 29, 2001
Senators from both parties criticized the Bush administration’s proposed three-year assistance program for the insurance industry to help it manage terrorism risk. According to an AFX report, while some Democrats said the industry needs a long-term solution, a number of …
October 29, 2001
Ohio Department of Insurance (ODI) filed an appeal with the Ohio Supreme Court requesting a hearing on the department’s appeal of the Tenth District Ohio Court of Appeals’ ruling on the distribution of assets of failed insurance companies. The court …
October 29, 2001
Latin American Re has adopted the global brand name of its parent company XL Re Ltd., renaming itself as XL Re Latin America Ltd. (XL Re LA). The move follows XL Re’s acquisition last year of Risk Capital Holdings’ (Now …