May 19, 2003
It only took 121 years, but the election of Garden City agent, Maura T. Clancy to lead the Independent Insurance Agents Association of New York Inc. is a landmark event for the organization. Clancy, President of Clancy & Clancy Brokerage, …
May 19, 2003
Representatives of the National Association of Independent Insurers told the Massachusetts Division of Insurance at a recent hearing that one of the most effective ways to enhance the insurance market for consumers in the Bay State “is to move from …
May 19, 2003
A bulletin from the Professional Insurance Agents noted the untimely death of Donald K. Gardiner, 63, retired chief executive officer of the National Association of Professional Insurance Agents and former executive director of the Professional Insurance Agents of New York …
May 19, 2003
The National Association of Independent Insurers, the Alliance of American Insurers and the American Insurance Association all had favorable comments on the passage of New Jersey’s Auto Insurance Reform Act. (See previous article) The bill, SCS 63/A.B. 2625, “reverses three …
May 19, 2003
On Friday the New Jersey General Assembly unanimously approved The Automobile Insurance Competition and Choice Act (S-63/A-2625), a measure designed to correct “years of politically influenced auto insurance regulations, which have eroded the availability of coverage for the state’s drivers,” …
May 19, 2003
California Insurance Commissioner John Garamendi recently authorized an emergency bailout of the California Insurance Guarantee Association (CIGA), the industry fund on the brink of collapse due to the numerous insolvencies of workers compensation carriers in California over the past few …
May 19, 2003
Progressive Corp. reported that for April 2003, the company produced a GAAP combined ratio of 88.3. Net premiums written increased 28 percent to almost $1.2 million for the month, compared to $928 million last year. Net premiums earned for the …
May 19, 2003
Strategic Insurance Software, Inc. (SIS) announced the certification of Des Moines, Iowa-based EMC Insurance Companies for WebLink with their SEMCI Partner agency management system. According to SIS, WebLink enables agencies to lookup their policyholder information on the carrier Web site …
May 19, 2003
Presentations by state officials and panel discussions that present the most up-to-date overviews on issues affecting property/casualty insurers writing business in California will highlight the Association of California Insurance Companies’ XIV Annual General Counsel Seminar this summer. “We have designed …
May 19, 2003
Exigen Group announced at the 2003 Annual ACORD Conference Monday in Orlando, the Exigen Insurance Process Backbone, which extends its current insurance product offerings. The only ACORD standard-based product on the market that enables enterprise-wide business processes to be supported …