The National Association of Professional Insurance Agents (PIA) has condemned an opinion by the Office of the Comptroller of the Currency (OCC) that some provisions of a Massachusetts insurance law would be preempted under the Gramm-Leach-Bliley Act (GLBA) and therefore …
InsuranceNoodle is now licensed in Alabama and Massachusetts, bringing to 48 the total number of states—including the 25 largest for small business—in which the e-broker is selling small business insurance. InsuranceNoodle now reaches 99 percent of all small businesses in …
The Utah Legislature has passed a bill aimed at protecting consumers who depend on structured settlements, becoming the first state this year to do so, according to the Alliance of American Insurers. Five other states are considering such legislation this …
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Nuts & Bolts: Preferred Property Program is offering a habitational umbrella program. The program is available on a brokerage basis. Endorsements follow form D&O, Liquor, GL, Auto, Employers Liability. Dollars: Minimum premiums of $1,150 to $3,250; policy limits of $15 …
Nuts & Bolts: Community Works Insurance Program is offering a public entity & municipality market. Endorsements—specific municipality. Available on appointment basis. Dollars: Policy limits $1MM OCC/$2MM AGG; deductibles—first dollar program—up to $25,000; minimum premiums of $25,000. Carrier: Various. Admitted. Rated …
Nuts & Bolts: Endorsements— specific school coverages. Available on appointment basis. Dollars: Policy limits $1 million occurrence/$2million aggregate; deductibles—first dollar program —up to $25,000; minimum premiums of $25,000. Carrier: Various. Admitted. Rated “A+ (XV).” States Available: All except Alaska, Connecticut, …
The tragedy of Sept. 11 dealt a terrible blow to America’s economy, but the property and casualty insurance industry is playing a vital role in helping the United States recover. A full recovery, however, depends upon the creation of a …
AgentSecure, a member of the InsureZone family of companies that offers smaller and rural agents easy access to commercial products from highly rated carriers, has picked up endorsements from seven state-based organizations affiliated with the Independent Insurance Agents of America …
The U.S. Attorney’s Office in Springfield Mass. announced the indictment of David Michael Leja, an insurance broker from Williamstown Mass, on fraud charges relating to “stop-loss” coverage he brokered for seven group health insurance plans in Western Mass. Leja owns …
