Eighty percent of the leading commercial property/casualty insurance brokers say the federal Terrorism Risk Insurance Act (TRIA) should be extended when it expires at the end of 2005, according to a survey released today by the Council of Insurance Agents …
Hans Blix, the United Nations weapons inspector who spearheaded efforts in Iraq to determine whether Saddam Hussein had weapons of mass destruction, and Michael Boskin, a former head of the White House Council of Economic Advisers, will be featured speakers …
Both insurer and agent groups have reacted positively to U.S. Rep. Michael Oxley‘s recent proposal to give the federal government sweeping new powers to oversee how states regulate the insurance industry. Oxley, an Ohio Republican who chairs the House Financial …
The Council of Insurance Agents & Brokers (CIAB) on Thursday sent a letter to West Virginia Gov. Bob Wise urging him to sign legislation approved by the West Virginia House and Senate repealing that state’s counter-signature requirements for insurance brokers. …
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 …
The commercial insurance marketplace witnessed a return to competitive pricing for a number of lines during the third quarter of 2003 and flattening or decreasing premiums for commercial property coverage, according to the latest commercial market index released today by …
Nineteen months after the World Trade Center attacks sent the market into turmoil, premium increases for commercial property/casualty insurance are moderating, and there are signs the marketplace is beginning to stabilize, according to the First Quarter 2003 Market Index survey …
Insurers are offering terrorism coverage, but many buildings, businesses and other commercial interests across the United States are not buying the insurance because they do not consider themselves targets of terrorism, the cost is too high or both, according to …
The Council of Insurance Agents & Brokers (The Council), representing national commercial insurance brokers, and Afni Insurance Services, a provider of customer care solutions for the industry, formed an agreement whereby The Council endorses to its members CSR24 as the …
According to a survey by The Council of Insurance Agents & Brokers (CIAB), more than two-thirds of the small and medium-sized commercial property/casualty accounts and 59 percent of the large accounts experienced premium increases between 10 and 30 percent during …
