Articles by Britton Wells

Mostly A-OK with IIAOK

Surplus lines laws, uninsured drivers and the broadening of banking powers top the Indepen-dent Insurance Agents of Okla-homa’s list of key issues for its 2006 legislative agenda according to Dan Ramsey, the association’s president and chief executive officer. The association …

Agents allege red-lining by ANPAC in Texas court case

A group of agents recently won a round in a Texas court in their fight to have documents released. Deemed “trade secrets” by American National Property & Casualty Co., they were made available to the public through the Travis County …

Reduced rates and renewed competition in Calif.

California workers’ compensation insurance rates are taking a turn for the better. Thanks to reform legislation, employers should have more access to reasonable rates. In fact, rates are roughly equivalent to 1995 rates, according to the California Division of Workers’ …

Risk models show industry burden under TRIA

The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide Corp. While it is impossible to predict …

Oklahoma’s legislative session shifts into gear

The bill-filing deadline for the Oklahoma Legislature passed Jan.19, 2006, and the session opens Feb. 6. At the close of the filing process, the state Senate had 1,034 bills and 28 joint resolutions filed, the House filed 1,020 all together. …

Risk models show industry burden under TRIA

The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide Corp. While it is impossible to predict …

Managing the risk of lawsuits against lawyers

With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale brokers seeking to grow their business. In any given year, five to six practicing …

Regulatory modernization tops industry’s legislative agenda for 2006

With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on pricing, property/casualty industry trade groups made political progress …

Managing the risk of lawsuits against lawyers

With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale brokers seeking to grow their business. In any given year, five to six practicing …

Historic Hurricane Year Puts the Spotlight on Federal Flood Insurance

Hurricanes Katrina and Rita affected the Gulf Coast as some of the strongest storms to hit the United States during the last 100 years, causing widespread devastation and flooding. In mid-January the country saw more than $150 million in damages …