December 15, 2003
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
December 9, 2003
The National Association of Insurance Commissioners (NAIC) has presented its most prestigious individual award to Rosanne Mead, Assistant Iowa Insurance Commissioner, and Fred Nepple, General Counsel in the Wisconsin Office of the Commissioner of Insurance. The NAIC’s Robert Dineen Award …
December 1, 2003
Two additional universities will host insurance education institute programs next summer, one in Arkansas and one in Mississippi. According to the Insurance Education Foundation (IEF), the University of Central Arkansas was approved to host its first Insurance Education Institute in …
November 25, 2003
A Marion, Iowa, insurance agent was sentenced to four years in prison for selling fraudulent securities, according to The Marion Star. Paul L. Edwards, 68, received three years for reportedly engaging in a pattern of corrupt activity and one year …
November 12, 2003
Connective Technologies Inc. and Grange Insurance announced the signing of a contract to provide an interface solution for download policy information to their agents via the Internet. “Connective’s TEAM-UP Download offers Grange the ability to enhance the functionality we currently …
November 7, 2003
Two additional universities will host insurance education institute programs next summer, following a decision by the Board of Directors for the Insurance Education Foundation (IEF). The University of Central Arkansas will host its first Insurance Education Institute in June at …
November 6, 2003
Des Moines, Iowa-based carrier EMC Insurance Group Inc. reported operating income of 49 cents per share for the third quarter ended Sept. 30, 2003, compared to 46 cents per share for the third quarter of 2002. Operating income for the …
November 5, 2003
Brookfield, Wis.-based insurance software-maker Fiserv Inc. has acquired MI-Assistant Software Inc. — a rating and automation product provider to insurance agents and companies in the Midwest — as part of its plan to increase its presence in the insurance rating …
November 5, 2003
The Association for Cooperative Operations Research and Development (ACORD) and the Mortgage Bankers Association (MBA) have announced the finalization and release of ACORD Form 28, “Evidence of Commercial Property Insurance,” a new standard form that meets the specific needs of …
November 3, 2003
Nuts & Bolts: General Fire & Casualty Company (www.genfireins.com) launched a new livestock insurance product, The CattleGuard. The policy provides coverage for loss involving certain diseases, such as FMD (foot-and-mouth disease), BSE (aka “mad-cow” disease), hydrophobia (rabies), anthrax (charbon or …