January 12, 2004
We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John Hancock Tower. The group’s subsidiary, Near North Insurance Brokerage Inc. (NNIB), was Chicago’s …
January 12, 2004
The small business unit of Chicago-based commercial lines insurer CNA hopes to hit $1 billion in premium volume at the end of 2005 by targeting Main Street businesses with more customized policy forms and a stripped-down version of its business …
January 12, 2004
When I was 14, my father did just about the worst thing a parent can do to a child. It was the kind of thing folks talk about in psychoanalytic therapy sessions or on Oprah. That’s right — my dad …
January 12, 2004
When he was finally appointed Illinois’ new insurance director two months into a new governor’s term last March, J. Anthony Clark was put in an untenable position. He had been interviewing for a job in Democratic Gov. Rod Blagojevich’s administration …
December 15, 2003
The major changes Congress has in mind for the National Flood Insurance Program are still on the table, as both the House and Senate voted to extend the program as is for only three months to allow time to hammer …
December 15, 2003
The major changes Congress has in mind for the National Flood Insurance Program are still on the table, as both the House and Senate voted to extend the program as is for only three months to allow time to hammer …
December 1, 2003
At first blush, the Strategic Independent Agents Alliance may look like just one more short-term solution to the increasing shift in the balance of power toward insurance carriers away from independent agents. Commissions get cut, underwriting control is taken away …
December 1, 2003
At first blush, the Strategic Independent Agents Alliance may look like just one more short-term solution to the increasing shift in the balance of power toward insurance carriers away from independent agents. ommissions get cut, underwriting control is taken away …
November 17, 2003
Insurance industry representatives are once again unhappy with a proposed budget of the National Association of Insurance Commissioners (NAIC), the quasi-governmental body that collects insurers’ annual financial statements and recommends model regulation and legislation to the several states. While insurer …
November 17, 2003
Insurance industry representatives are unhappy with a budget proposed by the National Association of Insurance Commissioners, the quasi-governmental body that collects insurers’ annual financial statements and recommends model regulation and legislation to states. While insurer lobbyists have taken pains to …