The following announcment was released by the office of Senate Finance Committee Chairman Max Baucus (D,Mont.). Senate Finance Committee Chairman Max Baucus (D,Mont.) today introduced the America’s Healthy Future Act, landmark health care reform legislation to lower costs and provide …
The death toll on the nation’s highways dropped in 2008 to 37,261, a 9.7 decrease from the 2007 total and the lowest level since 1961, according to the U.S. Department of Transportation. The trend continued in the first quarter of …
The House of Representatives passed HR 2571, the Non-Admitted and Reinsurance Reform Act of 2009 on Wednesday. The bill, authored by Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J, will simplify the tax remittance and compliance responsibilities surplus lines brokers …
Craig Bacheler is able to offer the employees at his small Alabama IT firm health benefits because of a new state law, but some who helped push for the law say it is too early to measure its benefits. Small …
The Obama administration’s ambitious plan to overhaul U.S. financial regulation was bogged down in Congress as it returned from a long recess Tuesday. With no clear path forward in the Senate, analysts and lobbyists said Democrats would be hard-pressed to …
In a move that was not completely unexpected, California Insurance Commissioner Steve Poizner will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund (SCIF) assets declared unconstitutional. Poizner said the transaction could lead to skyrocketing …
Nielsen Teaches Employers How to ‘Close the Window’ On Rising Comp Costs The best way insurance agents can teach employers about workers’ compensation is to get to know their business. Idaho insurance agent Doug Nielsen vividly remembers the moment he …
Fostering Close Working Relationships Is a Priority for The NIA Group Top 100 Agency Profile Ranking No.: 19 Agency Name: The NIA Group LLC Headquarters: Paramus, N.J. Year Founded: 1926 Additional Locations: 11 2008 Total Premium Volume: $953.72 million Property/Casualty: …
Flat Economy, Persistent Soft Markets Have Forced Leaner Business Models, More Automation A poor economy, natural catastrophes and an extended soft market have all combined to nip growth in the excess and surplus lines (E&S) insurance market over the last …
Understanding Agency Value and the Sale Price Correlation When it comes to anything in life, there is value and there is sale price. Value is a theoretical term that has different meaning based on the underlying assumptions. The sale price …
