Jerry O’Neill has been named NBIS vice president of underwriting. O’Neill comes to NBIS with more than 20 years of insurance experience in the brokerage and reinsurance community. Having held multiple senior level executive positions over the years with such …
The Property Casualty Insurers Association of America (PCI) is urging the Oregon Senate to reject legislation which would mislead consumers about a valuable program designed to provide quality repairs to accident-damaged vehicles, according to PCI Regional Vice President Sam Sorich. …
Cunningham Lindsey International (CLI) announced its acquisition of Axis USA, a high-end specialty adjusting company located in New York and Los Angeles. Axis also provides comprehensive adjusting services to Fortune 500 companies, through relationships with insurers, reinsurers, captives and self-insured …
A measure approved April 13 by the California Senate Industrial Relations Committee will create an artificial pricing scheme and send the wrong message to workers’ compensation insurers considering investing new capital in the California marketplace, according to the American Insurance …
California Insurance Commissioner John Garamendi announced new regulations April 13 regarding agent/broker compensation disclosure. The proposed regulations would: Require the agent or broker to advise a client, prior to signing an agreement or receiving a fee, whether the producer will …
The American Insurance Association (AIA) on Wednesday commended the Maryland legislature for passing of a host of bills targeting teen driver safety. The bills include HB 393, which bars novice teen drivers from carrying teenage passengers who are not family …
The American Insurance Association is urging the Senate Commerce Committee to include an incentive grant program in its transportation safety bill for states to enact primary seat belt laws, as recommended by the National Highway Traffic Safety Administration (NHTSA). “When …
The total number of mergers and acquisitions (M&A) in the insurance industry increased in 2004, driven by the health/managed care and distribution sectors, according to a new study by Conning Research and Consulting Inc. The M&A transaction total rose over …
Seattle-based Safeco named Jeffrey Roe as the company’s new president of Distribution, Sales and Marketing, effective April 18, 2005. Roe, who joins Safeco from health-care insurer Premera Blue Cross, will be responsible for supporting the more than 8,500 independent distributors …
The Office of Financial and Insurance Services released a sample list of actions taken on behalf of Michigan consumers in the last two quarters of 2004. The list is comprised of a series of Commissioners Orders for businesses and individuals …
