October 25, 2004
For years, Illinois employers and insurers have complained about the state’s workers’ compensation system. Illinois’ workers’ comp rates have regularly exceeded those of neighboring states such as Indiana, Iowa and even Missouri. The rates have been driven by costs. For …
October 25, 2004
During my term we have made numerous advances, I couldn’t have done any of them without the help of the Executive Committee and dedicated committee members,” said Louise “BeBe” Canter, president of the Independent Insurance Agents & Brokers of America …
October 25, 2004
More than 120 firms participated in the Big “I” Exhibit “During my term we have made numerous advances and I couldn’t have done any of them without the help of the Executive Committee and dedicated committee-members,” said Louise “BeBe” Canter, …
October 15, 2004
The Iowa Insurance Division’s investigation of allegations of improper and illegal activities by an insurance agent resulted in the revocation of his license earlier this month. Dennis Stephens, of Lake Mills, Iowa, with insurance offices in Clear Lake and Gladbrook, …
October 14, 2004
New Hampsihre may be the first Eastern state to lower its tax on insurance companies as states continue to compete to attract more business. The issue is currently the subject of an economic impact study by Ernst & Young. The …
October 11, 2004
N.H. Considers Premium Tax Cut; Insurer CEOs Update Big ‘I’ Agents Taxes, the favorite subject of politicians in New Hampshire, was a topic also on the minds of property casualty executives who gathered at the White Mountains’ imposing Mountain View …
October 11, 2004
Mike Barron Texas Mutual Insurance Company announced that Mike Barron is the company’s new senior vice president of financial services. Barron is a certified public accountant with over 30 years of experience in finance. Barron has served as vice president …
October 11, 2004
Some insurance companies are complaining that Sen. Richard Shelby, R-Ala., is stalling the renewal of the Terrorism Risk Insurance Act (TRIA) that protects insurers against major financial losses in the event of another terrorist attack. Shelby, the Banking Committee chairman, …
October 8, 2004
Iowa-based EMC Insurance Group Inc. has reported that the company’s reinsurance segment anticipates that losses associated with Hurricane Jeanne, which hit the State of Florida on Sept. 25, will be capped at $1.5 million (or $0.08 per share, after tax) …
October 6, 2004
The Independent Insurance Agents and Brokers of America is considering a proposal to compile a nationwide database of minority-owned agencies for carriers looking to expand their presence in urban markets to utilize, the group’s Diversity Task Force Chair Joe Hernandez …