Commercial property owners throughout the nation can expect their insurance premiums to increase significantly in 2002 due to the impact of the Sept. 11 attacks on the insurance industry, according to Jenny Jones, CEO of Los Angeles-based Elkins/Jones, an insurance …
The Hawaii Insurance Division has received a full five-year accreditation award under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. Hawaii was first accredited on Sept. 28, 1996. The Department received the award last month …
The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. According to Rey Becker, president of property/casualty for the Alliance, “Earlier this year, the New Mexico Legislature directed the superintendent of insurance to …
The National Association of Independent Insurers (NAII) expressed its approval that HR 2299 (the Department of Transportation [DOT] and Related Agencies Appropriations Act, 2002 recently signed by President Bush) provides funding to establish the safety mandates now required for Mexican …
IBA West recently announced its endorsement of Thomas Calderon for California Insurance Commissioner. According to IBA West President Don Way, in his years as a leading member of the Assembly Moderate Democratic Caucus, Calderon has demonstrated a well-reasoned, balanced approach …
The Great American Insurance Group established access on its website to a survey developed by The ACORD User Groups Information Exchange (AUGIE). AUGIE announced in November 2001 that it had been working with insurance companies, vendors and the national agency …
According to a Jan. 7, Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been adopted by approximately 20 other states in the wake of Sept. 11.The LA Times …
It would be impossible to estimate the total number of words, both spoken and written, that have been used to try to express the cultural maelstrom that has resulted from the terrorist attacks on America of Sept. 11. Yet many …
Like millions of Americans, I’ve had the privilege of having a fulfilling, lucrative career in the insurance industry—one which, like many other individuals, I landed into by chance. Yet it’s still very difficult for me to accept how many bright …
Oak & Associates often provides advice to agency owners that are considering retirement. A common problem is that people in their 60s and beyond have devoted their lives to the job of running their business, often at the expense of …
