Ah, the Internet. Where would we be without it? Web sites and e-mail are pretty much essential ingredients for a successful business these days, especially for sales-oriented organizations. There are a myriad of ways agents can put their computers to …
They face a tall order, but if the solons in the Capitol don’t pass sweeping legislation overhauling the system, the country’s largest workers’ comp market could collapse, according to Calif. Insurance Commissioner John Garamendi. Runaway claims costs and exploding premiums …
In our continuing series on Agency Insights, we look at Woodruff-Sawyer, a brokerage specializing in a variety of services. A member of Assurex, the company is led by CEO, Stan Loar, Chairman of the Board, Doug Morton, and President, Susan …
Strategic Research Institute will present the “Terrorism Risk Assessment and Insurance Coverage Forum” to be held June 12-13 at the Westin Grand in Washington, D.C. The conference will examine the scope and depth of terrorism risks, practical solutions being implemented …
A Montana bill that would have established reasonable and clear guidelines for the use of credit scoring in insurance underwriting and rating is dead, reportedly due in large part to disagreements between the insurance commissioner, insurers and legislators. Another bill …
U.S. property/casualty insurers are expected to pay policyholders an estimated $1.2 billion for insured property-loss claims from a winter storm and windstorm catastrophe that pummeled 10 states in early April, according to preliminary estimates by Insurance Services Office, Inc.’s (ISO) …
State-sponsored funds have quickly become a force in the workers’ compensation market, altering the competitive landscape for the private insurers that once dominated this line of business, according to a new study by Conning Research & Consulting, Inc. The study, …
California Insurance Commissioner John Garamendi sought and received an order of liquidation for the California business of Legion and Villanova Insurance Companies recently. The order, issued in California Superior Court in Los Angeles, ends a year-long legal struggle to get …
While noting it is a challenging market, Allstate Corp. is looking to expand its presence in the California auto market by establishing a separate company for its state operations that would focus specifically on the auto market. According to Allstate …
In an effort to secure the rights of personal lines brokers to charge broker fees, the American Agents Alliance has sponsored Assembly Bill 1297, authored by Assemblyman Dario Frommer (D-Los Feliz), explicitly allowing brokers to bind policies. AB 1297 was …
