A new study by the Alliance of American Insurers demonstrates that auto owners and their insurance companies continue to pay large prices to repair damaged vehicles using so-called “genuine” parts supplied by car manufacturers. Over the past 21 years, the …
Independent Insurance Agents & Brokers of America (IIABA) CEO Robert Rusbuldt, Senior Vice President of Government Affairs Maria Berthoud and two independent agents, along with business and union leaders, met with President George W. Bush Oct. 3 at the White …
Kathleen Sebelius, who currently heads the Kansas Insurance Department, as well as serving as NAIC Chairman, will face Republican Tim Shallenburger in the state’s gubernatorial election on November 5. The 54 year old Sebelius is an experienced politician. She served …
Following recent meetings with policy makers in Washington D.C., Lloyd’s Chairman Sax Riley issued a statement urging U.S. lawmakers to pass the stalled terrorist coverage bill. “Lloyd’s was one of the first markets to respond to U.S. customers’ demand for …
Michigan Governor John Engler signed House Bill 5313, which enacts the National Association of Insurance Commissioners (NAIC) Model Producer Licensing Act and meets the producer licensing reciprocity requirements outlined in the federal Gramm-Leach-Bliley Act (GLBA). The bill becomes effective March …
Carrying on with business after the tragic terrorist attacks on Sept. 11, the National Association of Independent Insurers (NAII) will hold its 56th annual meeting in New Orleans Nov. 4-7 as scheduled. Speakers at the meeting will include Tony Snow, …
A California law requiring that insurance companies turn over information related to European insurance policies or face loss of their licenses has been ruled an unconstitutional violation of due process, according to the legal counsel for several insurers, including the …
Carrying on with business after the tragic terrorist attacks on Sept. 11, the National Association of Independent Insurers (NAII) will hold its 56th annual meeting in New Orleans Nov. 4-7 as scheduled. Speakers at the meeting will include Tony Snow, …
Erie Indemnity Company announced that its share of catastrophe losses stemming from the tragic attacks of September 11th is expected to amount to between $5.5 and $6.7 million before federal income taxes. The after-tax effect per share on Erie Indemnity …
The Independent Insurance Agents of America’s (IIAA) Virtual University has established an insurance industry resource page to explain the insurance implications of the recent tragedies in New York and Washington D.C. “We are temporarily replacing the Virtual University home page …
