Massachusetts News

Calif.-based Active Photo Deployed by OneBeacon

OneBeacon Insurance Group has expanded the deployment of the ActivePhoto Mobile Imaging Solution from the initial states of Massachusetts and Connecticut to its New Jersey, New York, and Maine offices. California-based ActivePhoto, a provider of wireless imaging and data solutions …

First Federal Buys Exchange Underwriters

First Federal Savings Bank, in Monessen, PA, recently purchased a majority ownership in Exchange Underwriters, Inc., an insurance agency in Canonsburg, a suburb of Pittsburgh. The financial terms of the acquisition were not disclosed. The announcement of the acquisition by …

Big “I” Markets Extends Product Offerings

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 Columbia can access. …

Senate Comm. Passes Bill to Create New Ergo Standard; NAII Will Oppose Measure in Senate Floor Debat

Despite opposition by the National Association of Independent Insurers (NAII), the Senate Committee on Health, Education, Labor and Pensions narrowly passed a proposal (S. 2184) to reissue a new ergonomics standard within two years. The Committee’s action ignored a comprehensive …

Senate Comm. Passes Bill to Create New Ergo Standard; NAII Will Oppose Measure in Senate Floor Debat

Despite opposition by the National Association of Independent Insurers (NAII), the Senate Committee on Health, Education, Labor and Pensions narrowly passed a proposal (S. 2184) to reissue a new ergonomics standard within two years. The Committee’s action ignored a comprehensive …

Insurers Praise NAIC’s Message to Feds on

The National Association of Insurance Commissioners (NAIC) sent a tough message to the Office of the Comptroller of the Currency (OCC) this week during its Functional Regulation Working Group meeting, reiterating that functional insurance regulation is the responsibility of individual …

Agency Workflow Time Study Uncovers Threats, Opportunities

Independent agents and customer service representatives are in a position to dedicate many more hours a week marketing new business, servicing accounts and building relationships. But they’re hampered by multiple entries of data, navigating websites, and training staff on technology, …

IIABA Asks Remaining States to Adopt Producer Licensing Reforms

With the signing of insurance producer licensing reform legislation by Tennessee Gov. Don Sundquist and the adoption of a similar proposal by the South Carolina legislature last week, a super-majority of 46 states have advanced agent and broker licensing reforms …

Camps Can Be Overnight Success For Experienced Insurers

By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on the rise, it has not stopped K&K …

Texas Governor Wants More Oversight of Homeowners Insurance

Texas Governor Rick Perry announced recently that he favors placing the Texas homeowners insurance industry under total rate oversight by the state. His remarks were partly in response to a report by Texas attorney general John Cornyn, which showed some …