August 10, 2004
A federal judge for the District of Nevada ruled Nevada’s statute that precludes out-of-state insurance brokers from conducting business in the state without the countersignature of a resident agent is unconstitutional. The decision by U.S. District Judge James C. Mahan …
August 10, 2004
In a continuing effort to provide member companies with the best available resources for managing an insurance brokerage in today’s highly competitive marketplace, The Council of Insurance Agents & Brokers (The Council) announced today their exclusive endorsement of NexsureTM, a …
August 9, 2004
Like the wheels of Lance Armstrong’s bike—a blur of perpetual motion as he powered up mountain after mountain in the Tour de France—the non-stop cycle of the property/casualty insurance market continues on its seemingly endless rotation between hard and soft …
July 21, 2004
The commercial property/casualty insurance market showed signs of continued softening in the second quarter of 2004, with one-third of the small accounts and more than half the medium and large accounts experiencing significant premium decreases. The latest commercial market index, …
July 5, 2004
Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market cycle. An abundance of capacity coupled …
June 15, 2004
The Council of Insurance Agents & Brokers (CIAB) has filed suit against the Commonwealth of Puerto Rico challenging a statute that precludes non-resident insurance brokers from conducting business in Puerto Rico without the countersignature of a resident agent. Scott Sinder, …
May 3, 2004
Lastly, the Council of Insurance Agents and Brokers has issued a report indicating that the commercial property and casualty market “continued to ease across most lines during the first quarter of 2004, with the average premium increases for all sizes …
May 3, 2004
The Council of Insurance Agents & Brokers (CIAB) reported it would dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …
April 20, 2004
The Council of Insurance Agents & Brokers has issued a report indicating that the commercial property and casualty market “continued to ease across most lines during the first quarter of 2004, with the average premium increases for all sizes of …
April 8, 2004
The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …