The National Association of Insurance Commissioners has begun setting its 2008 budget. The group will have more money to work with than it did in 2007. The 2008 budget proposes revenues and expenses of $68.2 million and $66.4 million, respectively. …
Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance Commissioner Jim Poolman. Poolman’s departure is the latest instance of a …
Denver-based Van Gilder has formed a joint venture with EnRisk to provide risk counsel and insurance for the energy industry. The new company, vangilder | enrisk, will serve 16 states in the western region. Michael Van Gilder, Van Gilder CEO …
Alabama, California, Montana, Rhode Island and Washington will begin requiring insurance companies to file annual statement data as part of a growing effort to make market conduct exams more efficient that now includes 30 states. The 30 states require companies …
Brooke Franchise Corp., a subsidiary of Brooke Corp. recently announced an agreement to acquire 60 insurance agency locations from entities associated with Chicago-based J and P Holdings Inc. The acquisition is expected to close on Sept. 28, 2007 and is …
Lawmakers need to help pay for replacement housing and assist businesses that want to locate in areas devastated by tornado and flood damage, two legislative leaders told a legislative committee Tuesday. Senate Majority Leader Derek Schmidt and House Majority Leader …
Overland Park, Kan.-based Brooke Corp. was recently named in a lawsuit that alleges the company participated in fraud, negligence and violated the federal RICO Act (Racketeer Influenced and Corrupt Organizations Act). Arthur C. Mann, president of IGWT Insurance Services in …
The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct written premiums were $4.675 …
Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …
The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone in Paramus, N.J. Other officers include Vice President, …
