Robert Bailey characterizes himself as an “unemployed senior citizen” with some notions about leadership and effective management. The retired CEO of State Auto Insurance Cos., Columbus, Ohio, passed along some homespun and deceptively simple basics of leadership during NAMIC’s General …
Iowa insurance agent Edwin Pace was ordered to reimburse $302,000 to investors, and $30,000 in commissions to the state, plus costs and attorney’s fees, following a court ruling that he had sold fraudulent investments in customer-owned, coin operated telephones. Judge …
The National Association of Independent Insurers (NAII) urged the Iowa Insurance Division to abandon several proposed changes in its unfair trade practices regulation, as it sees no need and no benefits from the proposals. NAII Counsel Ann Weber pointed out …
State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/ Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating …
Nuts & Bolts: Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of …
Zurich North America Surety announced that it has successfully completed the pilot stage of its Zurich Surety Express(TM) online platform, which allows insurance agents to rate, quote and issue commercial and contract surety bonds directly from the Zurich Web site …
Iowa-based Principal Financial Group announced that it has reached a definitive agreement for the sale of its BT Financial Group businesses to Australia’s Westpac Banking Corporation for an initial payment of A$900 million ($488 million) and a future contingent payment, …
State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating the …
Iowa-based Acceptance Insurance Companies Inc. announced a net after-tax loss of $5.2 million, or $0.36 per share, for the three months ended June 30, 2002. This compares with a net after-tax loss of $888,000, or $0.06 per share, for the …
Under Iowa’s proposed regulation on consumer privacy, an insurer could be penalized for a single instance of failing to comply with its requirements, according to the National Association of Independent Insurers (NAII). NAII Counsel Ann Weber, in a letter to …
