The Independent Insurance Agents & Brokers of America (the Big “I”) testified today before the Senate Banking Committee in support of targeted “federal tools,” and in opposition to federal regulation, to enhance and reform the existing state-based insurance regulatory system. …
The National Association of Mutual Insurance Companies (NAMIC) is convinced that insurance regulatory reform at the state level is the best and safest course for consumers and insurers alike, said a Namic witness in testimony before the Senate Banking Committee …
Attorneys carried files and exhibits into a Mississippi federal courthouse Monday for what they expect to be a groundbreaking trial on whether insurance policyholders who lost homes in Hurricane Katrina are entitled to recover losses that insurance companies claim were …
The Alliance of Insurance Agents and Brokers reaffirmed its strong objection to continued attempts by the California Department of Insurance (CDI) to impose regulations on the insurance industry that are “totally unnecessary.” “Even after soliciting comments from the industry and …
Saylor & Hill, an Oakland, Calif.-based provider of risk management, insurance and employee benefits services, announced that David M. Stewart, an insurance executive with 20 years of experience, has joined the firm. He previously was a vice president-producer with Driver …
California Insurance Commissioner John Garamendi announced he intends to approve a 7 percent decrease in premium rates for policyholders of the Automobile Club of Southern California. The requested decrease coincides with the Auto Club’s decision to implement the Commissioner’s proposed …
Los Angeles-based Lemac & Associates announced that Gloria Li-lien Lam has been named assistant vice president, broker specializing in workers’ compensation. Li-lien Lam holds a master’s degree in journalism from Stanford University. Before joining Lemac & Associates, she was an …
U.S. Senator John Sununu (R-NH), who introduced the National Insurance Act of 2006 with Senator Tim Johnson (D-SD) on April 5, 2006, opened hearings today on the controversial legislation that would allow life and property/casualty insurers to choose federal rather …
Gordon Stewart will retire December 31, 2006 from the Insurance Information Institute after 15 years as president of the organization. Dr. Robert P. Hartwig, senior vice president and chief economist of the I.I.I., was elected executive vice president by the …
For the first time this year, Armstrong/Robitaille conducted an internal survey asking employees to nominate individuals who had demonstrated a willingness to work with their agency. Raymond R. Bowles, senior vice president and broker at Western Security Surplus Insurance Brokers …
