August 1, 2011
The implementation deadline for the Non-admitted and Reinsurance Reform Act arrived on July 21. States have been scrambling over the past year to update their surplus lines laws to comply with NRRA requirements and to figure out how to share …
August 1, 2011
Insurance is adding big bucks to Google’s profitability, according to new research. After Google posted impressive profits for the second quarter 2011, almost $7 billion, Word Stream, a Boston, Mass.-based provider of search marketing software, embarked on a study to …
August 1, 2011
The implementation deadline for the Nonadmitted and Reinsurance Reform Act has arrived. States have been scrambling over the past year to update surplus lines laws that will conform with NRRA requirements, while agents and brokers have tried to prepare for …
July 28, 2011
Just days after the surplus line reform legislation became effective, federal legislators heard comments from industry insiders on concerns regarding the implementation of provisions in the bill, including how states will come to consensus on surplus lines premium tax proposals. …
July 22, 2011
Four new members joined a surplus lines premium tax sharing agreement supported by state regulators this week, even while some predict confusion over a competing proposal may lead to the demise of any surplus lines multi-state premium tax sharing in …
July 21, 2011
The implementation deadline for the Nonadmitted and Reinsurance Reform Act has arrived. States have been scrambling over the past year to update surplus lines laws that will conform with NRRA requirements, while agents and brokers have tried to prepare for …
July 20, 2011
California passed legislation this week that will allow the state to implement provisions in a new federal surplus lines insurance law. The federal Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), which becomes effective on July 21, 2011, requires states …
July 19, 2011
Insurance is adding big bucks to Google’s profitability, according to new research released today. After Google posted impressive profits for the second quarter 2011, almost $7 billion, Word Stream, a Boston, Mass.-based provider of search marketing software, embarked on a …
July 18, 2011
California workers’ compensation industry veteran Joseph (Joe) George Havlick passed away on July 11 in Reno, Nev. Havlick’s insurance career spanned decades and included the formation of two successful workers’ compensation carriers in California. In 1977, Havlick and a group …
July 8, 2011
Brett Rustand has joined Tucson, Ariz-based Crest Insurance Group as a commercial property/casualty agent. At Crest Insurance Group, Rustand specializes in risk management for mid- and large-sized commercial clients. Prior to joining Crest, he was a commercial lines agent in …