Insurance industry trade groups are hopeful that the Federal Communications Commission’s recent decision to stay until January 2005 a controversial rule prohibiting all unsolicited advertisement faxes will give business groups an opportunity to agitate for a less restrictive regulation. Part …
The experience of specialty homeowners carrier National Lloyds Insurance Co. illustrates that the fable of the tortoise and the hare is as true today as when Aesop told it to the village children who gathered ’round to hear it ages …
Insurance industry trade groups are hopeful that the Federal Communications Commission’s recent decision to stay until Jan. 2005 a controversial rule prohibiting all unsolicited advertisement faxes will give business groups an opportunity to agitate for a less restrictive regulation. Part …
Six months ago it was uncertain whether a consensus model credit-based insurance scoring bill devised by the National Conference of Insurance Legislators (NCOIL) with the cooperation of producers, carriers and consumer groups would carry the day in state legislatures around …
Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines beset by high losses, such as construction liability, directors and officers, …
Six months ago Insurance Journal presciently asked whether a consensus model credit-insurance scoring bill devised by the National Conference of Insurance Legislators (NCOIL) with the cooperation of producers, carriers and consumer groups would carry the day in state legislatures around …
Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines beset by high losses, such as construction liability, directors and officers, …
Seattle-based Safeco Corp. has stopped selling homeowners policies in California due to its ongoing tussle over rates with the state insurance department and Commissioner John Garamendi’s emergency regulation restricting insurers’ use of the CLUE database. The action, which Safeco spokes-man …
Illinois drivers cited three times by police for driving without proof of the mandated auto liability policy will now have their drivers’ licenses revoked, while uninsured motorists involved in an accident that injures the other party will have their vehicles …
Lost amid news of the Kemper Insurance Cos.’ precipitous slide in financial health is how badly its relationships with the agents and brokers needed to market its products had deteriorated. A number of agents have admitted they felt alienated by …
