Remember the good old days when customers knew their bankers and property owners knew who held their mortgages and the economy did just fine? Remember the good old days when banks were in banking and insurance companies were in insurance …
As Managed Competition Marks Anniversary, Agency-Distributed Auto Insurance Faces New Rival It’s finally happened: Geico is entering the auto insurance market in Massachusetts. Insurance Commissioner Nonnie Burnes confirmed in a statement earlier this month that the nation’s third-largest auto insurer …
New York Insurance Superintendent Eric Dinallo signed a cooperation agreement earlier this week with his counterpart in Macau, a move signaling the increasingly international approach to regulation for the country’s highest profile state commissioner. The agreement, signed Monday by António …
Esurance, a San Francisco-based personal auto insurance direct writer, has taken preliminary steps to obtain a license to sell auto insurance in Massachusetts — although the company says it has no immediate plans to enter the Bay State market. According …
Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …
If one were to poll every insurance agent in New York about the most important topic facing their profession, “compensation” would probably top the list of answers. Between bailouts, Wall Street’s collapse and rising unemployment, money is on the top …
Massachusetts Insurance Commissioner Nonnie Burnes has reversed her plan to scrap the Bay State’s Board of Appeals — part of the long-standing system through which drivers could appeal insurance surcharges they received for car accidents. Burnes announced the reversal in …
Like spouses granted a divorce, AIG’s property/casualty insurance executives are relieved and excited about their newfound freedom. AIG is letting them form their own independent company called AIU Holdings. No longer will they have to answer for what their irresponsible …
Workers’ Comp and Commercial Lines to See Some Benefits The $787 billion stimulus package passed by Congress last month looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that it will jumpstart spending, most …
Insurers, Brokers Anticipate Insuring Construction Projects Funded With $140 Billion Infrastructure Monies The property/casualty insurance industry should see some modest benefit from the $787 billion federal stimulus package — the American Recovery and Reinvestment Act of 2009 – which is …
