July 2, 2002
John Bailey, CIC, President of the Professional Insurance Agents of New York, in a letter to Gregory V. Serio, superintendent of the New York State Insurance Department, applauded the recent improvements that have been made in NY’s electronic license renewal …
July 2, 2002
California insurers have a ticking time bomb on their hands according to many in the industry. Others, however, say the supposed bomb is being blown out of proportion. Who do you believe? The reported bomb is mold, and insurers across …
July 2, 2002
AMS Group announced Dave Shea will join the organization as president and CEO of its agency market business units, effective July 15. Shea will assume general management responsibility for AMS Services and AMS Rating. Shea comes to AMS from The …
July 2, 2002
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the Kemper Insurance Companies, Long Grove, Ill., with a stable outlook. The group’s rating has been removed from under review with negative implications. The rating action applies …
July 2, 2002
Inaccurate, incomplete motor vehicles records (MVRs) not only compromise highway safety and force good drivers to subsidize bad drivers, they also cause insurers to rely on other methods to fully assess individual driver risk, the American Insurance Association (AIA) said …
July 1, 2002
Pacific Specialty Insurance Company (PSIC) has taken their long-standing partnership with IBA West to the next level. PSIC and IBA West have teamed up to offer agents easy access to PSIC’s property line, which will now be offered via the …
July 1, 2002
Foremost Insurance Group of companies is extending all payment deadlines due to severe fires in Colorado. The extension applies to all Foremost customers in Colorado, for all types of policies. Customers will receive a reminder bill instead of a cancellation …
July 1, 2002
California Insurance Commissioner Harry Low has issued an Order for a Monetary Penalty of $100,000 against David Mandel, doing business as Complete Financial & Insurance Services, and 1-800-4-Insure Insurance Services Inc., automobile insurance agencies owned and controlled by Mandel. Mandel …
July 1, 2002
The Kentucky Department of Insurance will conduct a public hearing on Friday, July 12, from 10 a.m. to 2 p.m. at the Holiday Inn Capital Plaza, 405 Wilkinson Blvd., in Frankfort to hear testimony on the availability and affordability of …
July 1, 2002
Caliber Collision Centers, an Irvine, Calif.-based operator of collision repair facilities in California and Texas, has signed a long-term lease for a 13,000 square foot collision repair facility located in Lewisville Texas, northwest of downtown Dallas. According to Mark Sanders, …