March 20, 2006
Iowa-based Progressive Direct Insurance has kicked off a pilot program aimed at providing discounts to policyholders based on the mileage on their odometers. The premise, according to Progressive, is that drivers could control how much they pay for car insurance …
March 20, 2006
In 2004, the property-casualty market grew to $457.68 billion in direct written premium, with the overall market increasing by $20.69 billion. During this time, the independent agency system amassed a nearly $12 billion increase in production, accounting for almost 60 …
March 20, 2006
Specialty Underwriters’ Alliance, Inc. today announced that it amended its Partner Agent Program Agreement with American Team Managers to include specialized local and intermediate trucking. ATM will provide commercial auto, liability and garage coverages through a dedicated retail agent with …
March 20, 2006
Attorney General Jim Hood has announced that his office is looking for a few more “good insiders” to help in the investigation of the insurance industry’s “fraudulent denial of claims on the coast.” “The time is now for insiders to …
March 20, 2006
California Insurance Commissioner Candidate Cruz Bustamante, currently the Lieutenant Governor, will be speaking at the Latin American Agents Association (LAAA) meeting, slated for Thursday, April 6th at 7 p.m. Bustamante plans to outline his campaign platform, his perspective on the …
March 20, 2006
Continental Risk Insurance Services, a surplus lines broker, has opened a new facility in Lodi, Calif., devoted to the marine industry. Operating under the name of Continental Marine Insurance Services, it will concentrate on marinas, boat dealers, boat manufacturers, yacht …
March 20, 2006
Arrowhead General Insurance Agency Inc., San Diego, is offering a personal motorcycle program in Arizona, with a similar program available in California. Endorsements include: accessories and nonstandard equipment coverage, platinum package coverage, and towing and labor. Policies are being written …
March 20, 2006
For the third consecutive year, David C. Colby, WellPoint, Inc.’s executive vice president and chief financial officer, has been named the best chief financial officer in America for the managed care sector by Institutional Investor magazine. This is Institutional Investor …
March 20, 2006
Rhode Island Governor Donald L. Carcieri today publicly released an updated report on the status of compliance with the new fire codes indicating that a majority (99) of nightclubs throughout the state are currently in compliance with the sprinkler and …
March 20, 2006
The Arizona Senate wants to provide a financial incentive for motorists to think twice before leaving keys in an unattended vehicle. The Senate has approved, 16-13, a bill (SB1059) sponsored by Republican Sen. Linda Gray of Glendale to allow automobile …