Encino, Calif.-based NAS Insurance Services announces its collaboration with Jamie Webb, who will act as marketing representative of specialty reinsurance products. He will be responsible for marketing the company’s turnkey reinsurance programs including network security/cyber liability (NetGuard), employment practices, professional …
The Hawaii Insurance Division is re-issuing license certificates to resident and nonresident insurance producers who sell personal lines insurance. The Homeowners-Personal Lines (HO-PL) and Vehicle-Personal Lines (VE-PL) insurance classes have been combined as Personal Lines (PL-ALL) to conform with the …
When it comes to an agency’s satisfaction with its personal lines insurance companies, commissions do not rank as tops. Nor do commissions rank second. In fact, out of six satisfaction factors, compensation from an insurer ranks dead last, according to …
Luke Savage, Lloyd’s of London’s finance director (among other titles), is certainly aware that 2008 was a “tough year,” as he put it in a telephone interview. Lloyd’s profits dropped by 50 percent (See IJ web site – https://www.insurancejournal.com/news/international/2009/03/24/98985.htm ). …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Bermuda-based Platinum Underwriters Group and its members. Best also affirmed the ICR of “bbb” of Platinum Underwriters Holdings, …
A group of insurance agents asked a federal appeals court on Monday to revive an age discrimination lawsuit over the Allstate Insurance Co.’s decision to switch thousands of them from employees to independent contractors. In oral arguments, a three-judge panel …
Two Des Moines area insurance companies have called off plans for a merger. American Enterprise Group Inc. of Des Moines and Homesteaders Life Co. of West Des Moines said in a joint statement that they’ve nixed the deal. The companies …
A regulatory exclusion in a directors and officers liability insurance policy applies to an insurance regulator acting as liquidator, according to the Nebraska Supreme Court. The ruling is believed to be the first by any state Supreme Court upholding a …
While insurance consumer advocates step up their criticism of insurers’ use of credit scores, the American Insurance Association (AIA) and Property Casualty Insurers Association of America testified before a Minnesota Senate committee against legislation that they said would take away …
According to a study from Australian insurer NRMA, part of the Insurance Australia Group (IAG), younger drivers, who listen to music while at the wheel, are acting dangerously. NRMA said its research “revealed almost one in two (44 per cent) …
