March 26, 2009
North Dakota smokers may have to get used to puffing more frequently to help prevent accidental fires. The state Senate voted 41-0 this week to approve legislation that says North Dakota tobacco merchants may sell only “reduced ignition” cigarettes after …
March 24, 2009
While insurance consumer advocates step up their criticism of insurers’ use of credit scores, the American Insurance Association (AIA) and Property Casualty Insurers Association of America testified before a Minnesota Senate committee against legislation that they said would take away …
March 23, 2009
The American Recovery and Reinvestment Act of 2009, or the Stimulus Package, is the largest infusion of government funds into the private sector in history. Although it does not include direct benefits to the insurance industry, it includes provisions that …
March 23, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
March 23, 2009
In an unusual case, a federal court in Virginia has found that a law firm’s malpractice policy can be voided because a partner failed to disclose to the firm’s insurance company that he had embezzled money from clients. The case …
March 23, 2009
With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers that they could lose business and consumer confidence …
March 23, 2009
Forward looking agents can and will recognize the opportunities and new ways of thinking about risk that this new direction offers. The American Recovery and Reinvestment Act of 2009, or the Stimulus Package, is the largest infusion of government funds …
March 23, 2009
Forward looking agents can and will recognize the opportunities and new ways of thinking about risk that this new direction offers. The American Recovery and Reinvestment Act of 2009, or the Stimulus Package, is the largest infusion of government funds …
March 23, 2009
Consumer Advisors See Pros and Cons to Internet; Role of Independent Agent Clouded By Commissions Insurance Journal spoke with some of the National Association of Insurance Commissioners (NAIC) consumer liaisons and found that in addition to credit scoring, their issue …
March 23, 2009
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …