Pennsylvania Gov. Mark Schweiker has approved the National Association of Insurance Commissioners’ Producer Licensing Act in a move applauded by the American Insurance Association (AIA). Language concerning departmental authority, appointment termination, and fee sharing took effect immediately on Dec. 6, …
The Professional Insurance Marketing Association (PIMA) will hold its annual meeting Jan. 30 – Feb. 2 at the Pointe Hilton Tapatio Cliffs in Phoenix. The event – which draws insurance marketers from around the country – is a forum for …
New York Superintendent of Insurance Gregory Serio has issued guidance to the industry on the Federal Terrorism Bill. Circular Letter 25 of 2002 lays out the applicability, guidelines, and compliance procedures for the provisions of the Terrorism Risk Insurance Act …
SAFECO Corp. has filed with the Securities and Exchange Commission to periodically sell up to $775 million in common and preferred stock, convertible stock and debt securities, contracts and units. The Seattle-based company indicated it plans to use the proceeds …
Gail Ross, vice president of Am-Re Consultants Inc. in Princeton, N.J., was recently elected president of the Casualty Actuarial Society (CAS) at the organization’s annual meeting. She succeeds Robert Conger, principal, Tillinghast-Towers Perrin of Atlanta. Mary Frances Miller, senior partner …
Gov. Gray Davis and the Democratic-controlled state Legislature came to agreement on 1,168 bills during the last session, making it the most bills Davis has signed in a single year since taking office in 1999. A couple of insurance-related new …
The Texas Workers’ Compensation Commission has determined, pursuant to the authority and direction given under the Texas Workers’ Compensation Act that any interest or discount provided for in the Act shall be at the rate of 4.98 percent. This rate …
