Latest Personal Lines Headlines
All the headlines from our Personal Lines Topic Page, ordered by recency.
Aon Complaint Memos Reveal Personal Lines Arrangements
Mar 21 2005 // The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials...
Preparing Your Personal Lines CSRs to Sell
Mar 7 2005 // Sales generated by property/casualty customer service representatives are the least risky, most profitable of all agency activities. They generate the easiest of all new commissions and help to keep rivals out of the...
Blodnick Joins Unigard as VP of Personal Lines
Feb 16 2005 // Unigard Insurance Group announced that John Blodnick has been hired as vice president of Personal Lines. Blodnick started his insurance career at United Pacific as a Personal Lines Underwriter, and then worked for...
TDI Updates Personal Lines Price Comparison Guides
Feb 15 2005 // The Texas Department of Insurance announced the release of its 2005 insurance price comparison guides, which are available on the agency’s Web site at www.tdi.state.tx.us. The new price comparisons update and replace...
Personal Liability Deal with Worldcom Directors Breaks Down Following Court Ruling on Effect on Jury Award
Feb 3 2005 // A unique deal in which 10 former WorldCom directors would personally pay $18 million of a $54 million settlement to compensate investors over the company’s plunge into bankruptcy will be withdrawn, plaintiffs...
Consumer Group Hits Payment of Contingent Commissions in Personal Insurance as Harmful to Buyers
Jan 27 2005 // A new report by a national consumer organization claims that contingent fee arrangements “similar” to those being investigated by New York Attorney General Eliot Spitzer in commercial insurance brokerage are...
Fireman’s Fund Notes Personal Insurance for More than 28,000 Professional Firefighters in California
Jan 27 2005 // Fireman’s Fund Insurance Company has announced a personal insurance benefit program, including automobile and homeowner’s coverage, for the more than 28,000 members of the California Professional Firefighters...
Neb. Inches Closer to File-and-Use for Personal Lines
Jan 25 2005 // The Nebraska Banking, Commerce, and Insurance Committee recently approved a personal-lines deregulation bill, according to the Des Plaines, Ill.-based Property Casualty Insurers Association of America. The bill, LB 119, is...
Philadelphia Consolidated Holding Corp. Personal Lines Division Back to Accepting New Applications; Fla. Targeted Market
Jan 12 2005 // Philadelphia Consolidated Holding Corp. on Wednesday announced that its personal lines division, Liberty American Insurance Group, has resumed accepting new insurance applications for its homeowners, condominium and rental...
Sell Personal Lines Upgrades via Direct Mail
Jan 3 2005 // To remain in business, agents need to derive as much revenue as possible from every current insured, at the least possible cost. This is particularly the case now that the structure of the classic contingency commission is...
Personal Lines Upgrades to Sell by Direct Mail
Jan 3 2005 // Match the endorsement upgrade offer to each insured’s specific needs. Cross-sell upgrades add coverages by endorsement versus writing an optional separate contract. Standard upgrades are endorsements that extend...
S&P SAYS PERSONAL LINES CARRIERS ARE STRONG:
Dec 20 2004 // Fundamentals remain strong for U.S. personal lines insurance carriers, according to a report published by the ratings firm Standard & Poor’s. This is reflected in S&P’s decision to retain a stable...
Regulators Approve Two New Companies in Fla. Residential Market
Dec 17 2004 // The Florida Office of Insurance Regulation has issued Certificates of Authority to two new insurance companies, Gulfstream Property and Casualty Insurance Company, and Southern Oak Insurance Company. Both companies will...
U.S. Personal Lines Sector Remains Strong With a Stable Outlook, Report Says
Dec 7 2004 // Fundamentals remain strong for U.S. personal lines insurance carriers, according to a report published by Standard & Poor’s. This is reflected in S&P’s decision to retain a stable outlook on the...
NAIS Offers Internet Rated Stand-alone CPL & Personal Umbrella Programs
Nov 11 2004 // Tustin, Calif.-based National Advantage Insurance Services Inc., announced a new Web-based program offering brokers fast and easy access to internet rated stand-alone CPL and personal umbrella insurance programs. Carrier...
Hub Quebec Sub to Sell Personal Lines Book; Will Concentrate on Commercial, Private Clients
Nov 5 2004 // Chicago-based Hub International Limited has announced some major changes in the operations of its Quebec-based hub, Martin Assurance & Gestion de Risques Inc. (Martin). The company has signed a letter of intent to...
Fireman’s Fund to Stay in Mass. Personal Auto Market
Oct 27 2004 // Fireman’s Fund Insurance Company, on behalf of its various subsidiary companies, has reportedly rescinded its decision to withdraw from the Massachusetts personal automobile insurance market. “Over the past...
PCI Puts Support Behind Neb. Personal Lines Rate and Form Modernization
Oct 27 2004 // Momentum is building for Nebraska to enact personal lines rate and form modernization in 2005, according to the Property Casualty Insurers Association of America (PCI). During 2004 the state legislature did not have time...
Hub Names Tormey to New Personal Lines Position
Oct 12 2004 // Chicago-based brokerage Hub International Ltd. announced that William M. Tormey has been named practice leader for all U.S.-based personal lines insurance. In this new position, Tormey will be responsible for the overall...
St. Paul Travelers Releases “Breaking the Code” on CD for Personal Lines Agencies
Sep 22 2004 // St. Paul Travelers (SPT) announced the release in book and CD form of a series of popular presentations that Lloyd “Skip” Daigle, Vice President of Agency Development at Travelers, has given to independent...
