The Independent Insurance Agents of America (IIAA) announced the launch of InsurBanc, a unique federal savings bank that consumers can access through their hometown-based independent insurance agents. As approved by the Office of Thrift Supervision (OTS), InsurBanc is authorized to …
Contrary to some rumors, BrokersPortal is not going out of business. It is, however, taking on a new look as it restructures operations and positions itself to be a major player. With a new investor and a new company on …
Spurred by the prospect of the National Association of Registered Agents and Brokers (NARAB), states are on target to surpass the 29-state threshold before the end of this year and forestall the quasi-federal agency’s creation, Independent Insurance Agents of America …
Connecticut Governor John Rowland (R) will lead a ribbon-cutting ceremony to celebrate the grand opening of InsurBanc, a federal savings bank that consumers can access through their hometown-based independent insurance agents, the Independent Insurance Agents of America (IIAA) announced today. …
The introduction of the Reinsurance Tax Equity Act of 2001 gained praise from Dean R. O’Hare, chairman and CEO of The Chubb Corporation. Following introduction by Reps. Nancy Johnson (R-Conn.) and Richard Neal (D-Mass.), the bill will shut a loophole …
Beginning July 1 of this year, ProMutual, Massachusetts’ largest provider of malpractice insurance for physicians, will raise its rates for malpractice insurance an average of 14 percent across specialties. According to the Boston Globe, doctors who diagnose disease, such as …
I visited Liberty Mutual’s website recently and read information about the company’s plans to form a mutual holding company. It sounds like a great deal for policyholders: a more efficiently organized, flexible, stronger and more competitive company. Funny, the website …
Visitors to ebix.com’s website, www.ebix.com, will now have direct access to the insurance products of Electric Insurance Company in 20 states. EIC, a Massachusetts-based direct writer specializing in automobile and homeowners, is rated “A-” by Standard & Poor’s and was …
I visited Liberty Mutual’s website recently and read information about the company’s plans to form a mutual holding company. It sounds like a great deal for policyholders: a more efficiently organized,flexible, stronger and more competitive company. Funny, the website didn’t …
Boston, Mass. based Homesite Insurance is expanding to offer homeowners, condominium and renters insurance products to consumers in Indiana. By focusing exclusively on the homeowner’s market, Homesite has brought insurance to property owners in 21 states.
