Charles Chamness News

New federal terrorism reinsurance differs from original

Right before going home for the holidays, Congress reconciled different House and Senate versions and approved an extension of the federal terrorism reinsurance program in the form of the Terrorism Risk Insurance Revision Act of 2005. This extension of the …

NAMIC Promotes Three to Senior VP

The National Association of Mutual Insurance Companies (NAMIC) has promoted Gregg Dykstra, Roger Schmelzer, and David Winston to senior vice president from vice president. “NAMIC has made some changes to its organizational structure to increase operational efficiency and align functions …

NAMIC First to Join PIFC as Associate Member

The National Association of Mutual Insurance Companies (NAMIC) recently joined the Personal Insurance Federation of California (PIFC) as an associate member. According to Jerry Davies, PIFC communications director, NAMIC is the first organization to join PIFC as an associate member. …

PIFC Adds NAMIC to Membership

The Personal Insurance Federation of California (PIFC) announced that the National Association of Mutual Insurance Companies (NAMIC) has been unanimously approved by the PIFC Board of Directors to become the newest associate member of the Federation, California’s leading personal lines …

NAMIC Announces New Members, Market Share Increase

The National Association of Mutual Insurance Companies (NAMIC) announced its combined member company direct written premium (DWP) increased to $170 billion (41 percent of the property/casualty insurance market) during 2003. NAMIC said a total of 19 new companies joined the …