March 28, 2003
A bill signed into law March 26 by Idaho Gov. Dirk Kempthorne (R) sets the standard for tort reform in the states, according to the Alliance of American Insurers. HB 92, which passed the Senate 27-8 and the House 58-12 …
March 28, 2003
The Agents Council of Technology (ACT) Download Work Group affiliated with the Independent Insurance Agents & Brokers of America (IIABA) has issued a report to encourage carriers, vendors, and agents and brokers to make refinements in their downloading procedures and …
March 28, 2003
Insightful speakers and informative panels will present the most up-to-date overviews of issues affecting property/casualty insurers writing business in California during the Association of California Insurance Companies’ 14th Annual General Counsel Seminar this summer. The two and one-half day seminar …
March 27, 2003
Nuts & Bolts: American Collectors Insurance announced a new program for sports car enthusiasts who participate in “Driver’s Education” events that promote safer driving. The policy provides specific, Agreed Value coverage for vehicles used in Driver’s Ed events and will …
March 27, 2003
Nuts & Bolts: CNA/Schinnerer introduced three major enhancements to its Industry Services policy as part of its Realty Choice™ for real estate professionals. Industry Services, a claims-made professional liability policy offers customizable coverage for large commercial and residential firms and …
March 27, 2003
Nuts & Bolts: Rockwood Programs Inc. has introduced an Information Technology (IT) Consultants E&O policy for small to medium-sized risks. The policy covers: Failure to prevent unauthorized access to or tampering with data systems; Inability to provide authorized access systems …
March 27, 2003
Nuts & Bolts: Travelers Bond a division of Travelers Property Casualty Corp. unveiled Broad Form PLUS+, a policy that offers personal asset protection for directors and officers when primary coverage and/or indemnification cannot or will not respond. Designed to meet …
March 27, 2003
Nuts & Bolts: Venture Programs Inc. introduced VIP Defender, designed to protect product manufacturers from claims brought against them for alleged infringement upon third-party patents, trademarks, copyrights and other intellectual property. VIP Defender indemnifies insured companies against actual damages and …
March 27, 2003
Nuts & Bolts: Via their Web site, Dwyer & Associates can now offer retail agents the opportunity to input their client’s information on-line and instantly receive a quotation via email for D&O (for profit entities), EPLI, Fiduciary and Crime. Visit …
March 27, 2003
Bermuda-based AlphaStar Insurance Group Limited reported it has entered into a definitive agreement to sell three subsidiaries to an affiliate of American Insurance Managers Inc. (AIM) of Atlanta, Ga. The subsidiaries being sold pursuant to the agreement are Realm National …