June 2, 2003
The Alliance of American Insurers hailed Vermont Governor Jim Douglas’ (R) for signing into law HB 148, a version of the Uniform Electronic Transactions Act (UETA), which supports use of electronic records and signatures. (See IJ Website May 23) The …
May 29, 2003
The Independent Insurance Agents & Brokers of America (IIABA) is hailing Wednesday’s enactment by President Bush of the Jobs and Growth Tax Relief Reconciliation Act, which reportedly provides independent agents and brokers several tax breaks that will help boost the …
May 23, 2003
The Alliance of American Insurers has released a bulletin urging Vermont Governor Jim Douglas (R) to sign into law a bill, passed by the State’s legislature, that will “greatly enhance insurers’ and policyholders’ ability to conduct the business of insurance …
May 20, 2003
Alan D. Brannan has been named the new president of personal lines underwriting at Columbus, Ohio-based Grange Insurance following a thorough countrywide search. He most recently served as president and chief operating officer for the Massachusetts personal lines division of …
May 19, 2003
Strategic Insurance Software, Inc. (SIS) announced the certification of Des Moines, Iowa-based EMC Insurance Companies for WebLink with their SEMCI Partner agency management system. According to SIS, WebLink enables agencies to lookup their policyholder information on the carrier Web site …
May 9, 2003
Kansas City Life Insurance Company posted a $0.62 per share net loss in the first quarter 2003, compared with a $0.54 per share net income last year. The net loss of $7.5 million for the quarter is primarily due to …
May 5, 2003
Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …
May 2, 2003
American Wholesale Insurance Group (www.amwins.com) has completed the acquisition of Seaboard Underwriters, Inc., a provider of insurance solutions for the transportation industry. Seaboard operates as a managing general agency providing trucker’s liability, physical damage, motor truck cargo, non-trucking liability, and …
April 25, 2003
A pending Iowa regulation that would regulate the way insurers settle automobile claims is flawed and should be changed, according to the Alliance of American Insurers. “In its current version, IAC 191-15 would force insurers to pay third-party claimants for …
April 24, 2003
VFS Insurance Group, the insurance division of the Volvo Group, has added eight states and the District of Columbia to the list of states in which it is licensed to sell insurance, bringing the total to 22 plus D.C. Over …