Monthly Archives: <span>April 2005</span>

Top 10 Gadgets for High-Tech Insurance Agents & Brokers

After walking through a client’s office this week, an important epiphany occurred. Noticing Visoneer scanners at every desk exemplified the need and reliance of tech gadgets in the insurance workplace. Not only are computers a staple at every desk, but …

IVANS Survey: Independent Agents Concerned About Internet Security

IVANS Inc., a provider of networking and e-commerce solutions for the insurance and healthcare industries, announced the results of an independent insurance agent survey covering technology issues such as security and agency-company interface. The survey revealed that Internet security is …

Hot Wheels for Sale! NICB Lists Top 10 Most Stolen Vehicles

The nation’s motor vehicle thieves continue to find the most popular automobiles as their primary targets for feeding the underground need for replacement parts and for export to foreign countries, reports a new industry study to identify the most stolen …

Aon Complaint Memos Reveal Personal Lines Arrangements

The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials previously warned, their insurance investigations are not …

Home Inspectors, Law Firms and Accountants

Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and professional liability for accountants. Through the professional liability program …

Errors and Omissions for Broker-Dealers

Nuts & Bolts: CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own policy limits without sharing a master policy aggregate with other broker-dealers …

People & Places

Rudy Mendoza Santa Ana, Calif.-based Yates & Associates announced that Rudy Mendoza has been promoted to manager of Stockton’s commercial transportation department. Mendoza came to the Yates organization in 2001 and started a transportation department. Mendoza began his insurance career …

ChoicePoint to Allow People Access to Personal Records

An executive of embattled data broker ChoicePoint Inc. said the company is developing a system that would allow people to review their personal information that is sold to law enforcement agencies, employers, landlords and businesses. “You will receive the reports …

Calif.’s AB 925 Could Mandate Insurers to Invest in Under-served Communities

California Insurance Commissioner John Garamendi and Assembly member Mark Ridley-Thomas (D-Los Angeles) introduced AB 925, a new piece of legislation that would require insurers to make investments in low- and moderate-income communities. The legislation, modeled after the banking industry’s Community …

Give Me a Break!

In his latest attempt to garner public interest, California Insurance Commissioner John Garamendi recently introduced AB 925, authored by Mark Ridley-Thomas (D-Los Angeles), a bill that would mandate insurers to invest in lower- and middle-income communities in the state of …