The Vermont Captive Insurance Association will be hosting a Captive Insurance Seminar and Reception at the Westin St. Francis in San Francisco on Dec. 5. The seminar, entitled “Understanding the Strategic Advantages of Captives, Regardless of Market Conditions,” will discuss …
Travelers Property Casualty has made available real-time policy view to independent commercial insurance agents and brokers directly through their Applied Systems agency management systems. The capability, called Electronic Policy View (EPV), allows agents to access, view, print and save commercial …
The National Association of Independent Insurers (NAII) is spearheading efforts to substantially repair Colorado’s reportedly badly broken no-fault auto insurance law during the 2003 legislative session. In 2002, premium hikes averaged as much as 20% – more than double the …
The Mississippi State Legislature enacted compromise legislation facilitating compromise tort reform, a move hailed by the American Insurance Association (AIA). “Legislators clearly understood that a healthy business environment and competitive insurance marketplace in Mississippi depend on a balanced and fair …
The Society of Certified Insurance Service Representatives (CISR) announced the selection of a new team of executive officers to head its Board of Governors. The CISR Board is the policy-making entity for this not-for-profit insurance education organization and is responsible …
A federal judge has approved an insurance settlement between bankrupt telecommunications company WorldCom Inc. and National Union Fire Insurance Company, a unit of AIG. According to Dow Jones, the approval was reached days before a deadline after which WorldCom’s directors …
Alea North America Company of Wilton, Conn. announced the appointment of Jim Roberts as executive vice president and chief underwriting officer. Roberts will report to CEO Mike Hayes. With more than 30 years of experience in the insurance and reinsurance …
Insurance Services Office, Inc. (ISO) has complemented ISO Employers AdvantageSM employment-practices liability (EPL) program through a marketing relationship with FairBoss Underwriters, Inc. (FBU), which provides reinsurance placement and claims-handling services to primary insurers. With the addition of these services, ISO …
The newly mandated adoption of terrorism risk by commercial property/casualty insurers in the U.S. casts a shadow on ratings prospects, compounding Standard & Poor’s negative outlook on the industry, according to the ratings service. Although hailed as a boon for …
The Board of Directors of the Insurance Brokers & Agents of the West (IBA West) has created the Bud Wilson Award to honor the service of David F. “Bud” Wilson of Chula Vista as president of the Independent Insurance Agents …
