Washington, D.C. – With a record attendance of 175 Young Agents taking part in the Independent Insurance Agents and Brokers’ 2004 National Legislative Conference, a man who has more than a slight interest in this year’s presidential election, Bush-Cheney 2004 …
The reason independent agencies struggle to attract customer service representatives (CSRs) is that agencies just do not pay them enough. Instead,agencies overpay their producers. Consultant Virginia Bates thought she would be jeered after expressing this opinion at a recent meeting …
Steve D’Amato, the former director of the State Rating Bureau in the Massachusetts Division of Insurance, who has emerged the past few years as an unofficial consumer advocate on insurance issues in Massachusetts, is questioning whether competition will bring much …
The first thing the insurance industry should know about Steve D’Amato is that although he graduated from law school, he is not a trial lawyer. He also does not sport fangs nor does he carry a pitchfork. Finally, he does …
Gov. Mitt Romney vowed to introduce a plan to introduce competitive rating and modify the subsidies good drivers now pay in the Massachusetts auto system. Romney said his plan would include changes to the residual market Commonwealth Auto Reinsurers (CAR) …
An analysis conducted by the Property Casualty Insurers Association of America (PCI) suggests there is a connection between residual auto market populations and state rating laws. The analysis found that residual market populations, also referred to as assigned risk plans, …
Insurance Services Office, Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage based on a car’s make and model. ISO …
Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas Feb. 5-6 for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting & Conference. The two-day conference featured several panels and seminars, …
Two recently released studies on trends in automobile insurance rates show a wide variation in the costs for coverage across the nation. At first glance, they also seem to show a big discrepancy in their findings. It turns out, however, …
Thomas Bradley Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North American commercial operations. John McCartney, the current CFO, will retire …
