March 18, 2003
USG Insurance Services Inc. opened a new branch in Arlington, Texas, and plans to celebrate with an open house on April 3rd. The Texas operation, at 690 E. Lamar, St. 580, Arlington, Texas 76011, will be called USG Insurance Services …
March 18, 2003
Heartland Marketing Group Inc. is adding multiple standard markets in the states of Oklahoma and Arkansas. According to the company, HMG started in Texas and now has over 650 agencies in seven states. Heartland’s preferred markets now include Travelers, The …
March 18, 2003
Birmingham, Ala.-based Compass Bancshares Inc. recently expanded its agency base with the acquisition of Maxson-Mahoney-Turner Inc. of Dallas, Texas. According to Compass, Maxson-Mahoney-Turner, established in 1915, has revenues of approximately $5 million and services commercial and retail customers in the …
March 18, 2003
The Texas Department of Insurance announced that the Texas FAIR (Fair Access to Insurance Requirements) is now open to all licensed property and casualty insurance agencies in the state. The FAIR plan, the state’s market of last resort for homeowners …
March 18, 2003
The American Insurance Association (AIA) is praising the Idaho Legislature for approving significant tort reform legislation last week. “The Legislature has made great strides towards reducing the frivolous lawsuits that clog the courts and hinder the business community’s ability to …
March 18, 2003
Property/casualty insurers interested in insuring privately owned watercraft can sign up for a Web-based seminar Thursday, April 3, on the Boatowners Program offered by the American Association of Insurance Services (AAIS). The AAIS Boatowners Program is the nation’s only standardized …
March 18, 2003
Aon Corporation reports that significant rate and underwriting initiatives in the U.S. homeowners’ insurance marketplace continue to fall short of the cost of capital, in a continuing study of return on capital by Aon Re Worldwide. The findings of the …
March 18, 2003
CaliforniaSelect Insurance Agency, Inc., an affiliate of the Vesta Insurance Group (NYSE: VTA) announced the launch of a residential property program in California. CaliforniaSelect, part of Vesta’s Select Group of Companies, which includes both FloridaSelect Insurance Company and TexasSelect Lloyds, …
March 18, 2003
The Council of Insurance Agents & Brokers (The Council), representing national commercial insurance brokers, and Afni Insurance Services, a provider of customer care solutions for the industry, formed an agreement whereby The Council endorses to its members CSR24 as the …
March 18, 2003
Investigators with the California Department of Insurance (CDI) Fraud Division announced recent developments in these insurance fraud cases. ·SACRAMENTO – On March 5, Daniel Gray, a reported fugitive, was arrested on two felony counts of insurance fraud at a Sacramento …