The impact of the terrorist attacks of Sept. 11 on the property/casualty insurance industry can hardly be overstated—the largest catastrophe loss ever; an unprecedented convergence of coverages, creating a previously unimaginable combination of huge losses from widely divergent lines of …
You’re leaving money on the table, and there are savings to be added if you’re willing to spend some energy looking for it.” Those are the sentiments of Alex Ho, consumer brand director for Progressive Insurance, in regards to the …
The fundamental question is, does irresponsible use of cell phones while driving cause more accidents? Nicole Mahrt, American Insurance Association director of public affairs (western region), says that her association believes it does dial in as a cause for accidents …
The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc. (ISO) and the National Association …
The American Agents Alliance has landed California Insurance Commissioner candidates John Garamendi (Democrat) and Gary Mendoza (Republican) as its keynote speakers for Conference & Expo 2002, being held Sept. 18-22 at the Westin Mission Hills Resort in Rancho Mirage. Garamendi …
Testifying before the Assembly Insurance Committee April 24, the American Insurance Association (AIA) agreed to continue an open dialogue with California Insurance Commissioner Harry Low to help develop a standard for rate adequacy that will not hinder competition in the …
California Insurance Commissioner Harry Low applied for and obtained a Conservation Order April 26 for PAULA Insurance Company. In a statement in March, PAULA reported a negative policyholders surplus of $22,028,334, meaning it was statutorily insolvent. The Conservation Order granted …
William F. W. Fellows, former chairman and CEO of Swett & Crawford Group, died April 5 at his home in Rancho Santa Fe, Calif. Fellows was 83 and died of natural causes. A native of the UK, Fellows moved to …
John C. Mabee, 80, founder of Golden Eagle Insurance Company, died on Wednesday, April 24. Mabee’s death resulted from complications related to a stroke he suffered earlier in the week, according to the San Diego Union Tribune. Mabee established Golden …
The Independent Insurance Agents & Brokers of America (IIABA) calls it a step in the right direction—a decision by the U.S. Treasury Department to delay application of anti-money laundering rules to independent agents and brokers until it further studies the …
