October 27, 2003
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) for Farmers Insurance Group. Concurrently, A.M. Best has affirmed the bbb+ ratings of the Farmers Group Capital I & II preferred securities (QUIPS) issued in 1995 in the …
October 22, 2003
California Insurance Commissioner John Garamendi outlined the second phase of his workers’ compensation reform plan Oct. 21. The reform legislation that he helped shape during the first phase of this effort is expected to deliver $4 billion to $6 billion …
October 21, 2003
New Jersey Attorney General Peter Harvey announced that an Essex County man has reportedly pleaded guilty to selling fictitious Motor Vehicle Commission documents to an undercover State Investigator assigned to the Division of Criminal Justice – Office of Insurance Fraud …
October 20, 2003
Responding to a wish list of customer wants, AMS Services Inc. released Version 2.5 of PS4 Plus, chock full of new features to make agent’s lives a little bit easier. PS4 Plus is a commercial point of sales process for …
October 15, 2003
General Fire & Casualty Company (www.genfireins.com) announced the launching of its new livestock insurance product, The CattleGuard. The policy is available, subject to underwriting, in the following states: Arizona, Colorado, Idaho, Iowa, Kansas, Missouri, Nevada, North Dakota, Oklahoma, South Dakota, …
October 13, 2003
Judging from recent reports from the Professional Insurance Agents of New Jersey Inc., the state’s auto reform bill, passed earlier this year, is beginning to have some welcome and quite positive effects in transforming one of the nation’s most dysfunctional …
October 10, 2003
The Independent Insurance Agents of New Jersey has issued three separate bulletins addressing the problems of out of state trust accounts, multiple ID card forms and consumer notices on automobile insurance. The IIANJ strongly supports proposed regulations (PRN 318) issued …
October 9, 2003
In a comment issued to The New Jersey Department of Banking and Insurance, the Professional Insurance Agents of New Jersey Inc. said it wholeheartedly supports the DOBI’s endeavor to reduce insurance identification card fraud by proposing changes to pertinent rules …
October 6, 2003
Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A” Rated. Non-admitted market. States Available: …
October 6, 2003
If it’s been awhile since you tried InfoCentral or if you’ve never tried it, you’ll want to take advantage of the Independent Insurance Agents of Texas offer to use InfoCentral free for a limited time. “Beginning Oct. 1 InfoCentral will …