February 23, 2004
Don’t we all want a taste of “champagne wishes and caviar dreams?” As a I child I watched Robin Leach cavorting aboard million dollar yachts, waltzing through celebrities’ mansions. And of course, I told myself that when I grew up, …
February 23, 2004
From 1979 to 1988 I had the pleasure of serving as executive V. P. of the Independent Insurance Agents of Arkansas. For the past fifteen years I have served as the lobbyist for the Arkansas Medical Society. When Kelley Erstine …
February 23, 2004
Louisiana Top 20 Insurers—Ocean Marine The following table shows data from the top 20 ocean marine insurers in Louisiana—based on premium written—as of the end of 2002. There were 83 ocean marine insurers registered with the Louisiana Department of Insurance …
February 23, 2004
Managing general agents need retail insurance agents; retail agents need MGAs. That much is true. So, given this reciprocal professional dependence, why are working relationships between these two groups sometimes burdened with anxiety and mistrust? And, what can be done …
February 23, 2004
Whether it’s called custom, upscale, mansion or high value, a dream home requires special handling from property insurers. High value homes represent a growing segment of the over 81 million single-family homes in the U.S. and Canada. These special homes …
February 23, 2004
Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came to the industry from Citigroup …
February 23, 2004
As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition, the reinsurance market generally maintained underwriting discipline during the 2003-2004 renewal season.” On …
February 23, 2004
The United States Census Bureau’s Census 2000 estimated the population of the State of Arkansas at 2,673,400. Approximately 75 percent of the adult residents had graduated from high school and about 17 percent had earned a bachelor’s degree. The capital …
February 23, 2004
A number of scholarships are available to help young agents and brokers attend the Independent Insurance Agents & Brokers of America’s (IIABA) National Legislative Conference—taking place April 21-23, 2004 at The Capital Hilton in downtown Washington, D.C. First-time young agent …
February 23, 2004
A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. All states and the District of Columbia have systems …