Articles by Stefani Mingo

Quackenbush Scandal Played Starring Role in 1999-2000 Legislative Session

As the clock struck midnight on Aug. 30, lawmakers were spent but still deciding the fates of a handful of bills that would affect the insurance industry. So how did the 1999-2000 legislative session compare to other years? “There is …

NAPSLO’s Presidents Share Commitment to Wholesale Agency System

Both Timothy M. Pedersen, outgoing president of the National Association of Professional Surplus Lines Offices Ltd. (NAPSLO), and John Latham, incoming president, are passionate about their dedication to the wholesale agency system. In addition to taking over the presidential duties …

Working Winds Blow Through Chicago

NAPSLO 2000 is all about business “NAPSLO is always intense. Everybody there is trying to make sure that they get as much done in the short period of time as they possibly can.” Anyone who has had the opportunity to …

SAFECO Management Changes, Refocuses

A lot has been happening up in Seattle-at SAFECO’s headquarters in particular. On Aug. 3, Roger Eigsti, chairman and CEO of SAFECO Corp., announced his retirement, effective Dec. 31, 2000. That same day, Randy Stoddard, president of SAFECO Property & …

Gentlemen’s Clubs Can Be a Better Risk than the Local Watering-Hole

“I’ve had carriers walk away from a lot of the adult stuff…even though it was a good class of business, they just didn’t want to be associated with it.” As patrons continue to spend their entertainment dollars in gentlemen’s clubs, …

Behind The Wheel: California’s Nonstandard Auto Market Tightens

With the fierce competition facing today’s nonstandard auto market, companies are pulling out all the stops in hopes of gaining market share. Some are employing different marketing and underwriting angles, while others are busy taking a completely different approach. “I …

Large Carriers Post Positive Second-Quarter Results

Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a whole; but for some of …

Large Carriers Post Positive Second-Quarter Results

Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a whole; but for some of …

Agents and Brokers Need to Prepare for the ‘Brand’ New World

“[Branding] starts with a vision on the top and has to be extended across all points of touch… it isn’t something that’s just window dressing.” The concept of branding is about much more than names, logos and advertising campaigns. In …

Kemper to Take Over Superior National

The negotiations are still in the works, but the fact is that Kemper Insurance Companies has won the right to take control of Superior National Insurance Co. On May 3, the California Department of Insurance (CDI) issued a request for …