July 3, 2006
The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law gave states responsibility for insurance regulation and permitted insurers to employ joint data collection, price …
July 3, 2006
Note to independent agents and brokers: Pay attention to the Geico gecko and former “24” actor who is now shilling for Allstate. They are gunning for your business. Either you can try to go head to head against their multi-million …
July 3, 2006
Report not kind to FEMA regarding hurricane assistance Watchdog agency finds around $1 billion was handed out improperly A report released June 14 by the U.S. Government Ac-countability Office (GAO) assessing the Federal Emergency Management Agency’s handling of its disaster …
July 3, 2006
The cars, still streaked with mud from the floodwaters that covered them, many with broken windows, sprung doors and missing hoods, have mostly been removed from New Orleans streets. Now they will be removed from under the overpasses and empty …
July 3, 2006
Are great CSRs born or made? Is customer service an inherent ability such as musical talent—where some have it and some do not? Are great customer service skills developed only through years of experience? Or are they something that can …
July 3, 2006
The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The Hartford. Evaluating the industry, Zwiener shared …
July 3, 2006
Say Hurricane Katrina and you immediately think of New Orleans; say Hurricane Katrina and insurance coverage, and the story is different. At the nine-month anniversary since the storm made landfall, of all the Mississippi coverage cases that have been filed, …
July 3, 2006
Under an agreement signed with the state of Texas, 27 other states and the District of Columbia, Chevron Products Co. will take a leading role in preventing the sale of tobacco to minors, according to the Texas Attorney General’s office. …
July 3, 2006
Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance, telecommunications, wholesale and retail trade, tourism—and consequently, insurance. Consider the following: •Most …
July 3, 2006
“During the session the stability of the insurance marketplace was threatened by legislation that would have saddled insurers with excessive regulation, increased litigation and significantly impaired their ability to conduct business. Although some of the legislation that passed will force …