Articles by Andrea Wells

Andrea Wells is vice president of content for Wells Media Group Inc., overseeing coverage for its multiple print and digital platforms. She is a veteran insurance journalist with more than 20 years’ experience covering the property/casualty industry. She has won several awards from the American Society of Business Publication Editors (ASBPE), including awards for original research for her work on Insurance Journal’s annual salary survey of retail insurance agencies and its annual survey of young insurance agents. She can be reached at: awells@wellsmedia.com.

Surplus Lines Law In Effect; Taxes Up in Air

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 …

Insurance Keywords Add Big to Google Profits

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 …

Ready or Not, New Surplus Lines Law Is Here

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 …

House Committee Hears Concerns on Surplus Lines Reform Tax Issue

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. …

More States Join Surplus Lines Tax Sharing Proposal

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 …

Ready or Not, New Surplus Lines Law Is Here

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 …

California Surplus Lines Bill Signed Into Law

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 …

Insurance Keywords Add Big to Google Profits

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 …

California Workers’ Comp Veteran Havlick Dies

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 …

Rustand Joins Crest Insurance Group

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 …