Monthly Archives: <span>December 2006</span>

Venture Programs’ Latest Offering: Professional and Management Liability

Venture Insurance Programs of West Chester, Pa., (www.ventureprograms.com), a national program administrator, has launched Venture Professional, a professional and management liability solution featuring Directors & Officers (D&O), Errors & Omissions (E&O) and Employment Practices Liability Insurance (EPLI) coverage. Venture Professional, …

Study Shows Iowa with Significant Insurance Industry Job Growth

A recent 48-page study by the Connecticut Economic Resource Center Inc. said that Iowa now surpasses Connecticut for insurance company job growth. From 1995 to 2005, insurance jobs in insurance companies in Connecticut increased by 2.4 percent, from 51,820 to …

Incoming W.Va. House Speaker Vows to ‘Lead from Middle’

The next speaker of West Virginia’s House of Delegates will be receptive to measures pressing large employers like Wal-Mart for better health care benefits and overhauling the grievance process for public workers, his supporters said Sunday. But the nomination of …

AIG Global Buys U.S. Port Operations from Dubai Company

Dubai Ports World, the company whose planned takeover of major U.S. port operations ignited a political firestorm earlier this year, has agreed to sell those operations to AIG Global Investment Group. The company announced the deal Monday. The operations at …

State Regulators Approve $65 Million Association Budget for 2007

Members of the National Association of Insurance Commissioners have approved a $65 million operating budget for 2007. The 2007 final consolidated budget calls for $65 million in total revenue and $64.8 million in total expenses, an increase of 6.4 percent …

State Regulators Stress Uniformity of Administrative and Licensing Systems

The National Association of Insurance Commissioners stressed its support for what it says is one of the strongest tools for state regulators, State Based Systems (SBS), during its recent meeting in San Antonio. SBS serves as a back office processing …

Ohio Hylant’s Wholf Named Insurance Professional of the Year

Toledo, Ohio-based Hylant announced that Marla Wholf was selected as Insurance Woman of Toledo’s (IWOT) “Insurance Professional of the Year.” Wholf accepted thie prestigious award on Nov. 8, 2006 at Industry Night. According to the company release, this event is …

Maine Regulator Wake Receives National Award

The National Association of Insurance Commissioners presented Robert Wake, staff attorney for the Maine Bureau of Insurance, with the Robert Dineen Award, the association’s most prestigious individual honor. Wake drafted the NAIC’s Market Analysis Handbook, a handbook that is the …

Ala.’s Bell Heads State Regulators; Kansas’ Praeger Next in Line

Members of the National Association of Insurance Commissioners elected 2007 officers during last week’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance Commissioner Sandy Praeger was chosen as president-elect, New Hampshire Insurance Commissioner …

Firm Boosts Insurance Agency Web Sites on Google, Yahoo

I-Marketing Management has launched a search engine optimization service to help improve the placement of agency and broker Web sites on popular online search engines such as Google and Yahoo. According to Laurie Donohue, executive director of I-Marketing Management, a …