April 19, 2002
The Independent Insurance Agents & Brokers of America’s (IIABA) National Board of State Directors confirmed Louise C. “Bebe” Canter as the association’s president-elect and elected Thomas A. Grau, as vice president. The Board nominated Canter and Grau, members of IIABA’s …
April 18, 2002
Federal agriculture officials are looking at the possibility of a national insurance program to permit ranchers to insure both pasture and rangeland against losses resulting from drought and other disasters, according to the Associated Press. Currently, a pilot program in …
March 22, 2002
Democratic Nominee John Garamendi joined Calif. State Sen. Jackie Speier and consumer advocate Harvey Rosenfield on the steps of the State Capitol in Sacramento March 21 to call for a new effort to ban contributions from the insurance industry in …
March 19, 2002
Ohio-based Great American Insurance Company, a property and casualty insurance operation, has begun offering notary bonds and errors and omissions insurance in 16 states. The states are: Arizona, California, Illinois, Indiana, Kansas, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, North Dakota, …
February 25, 2002
Nuts & Bolts: Motorcycle Services is offering a new motorcycle program. According to the company, the program is for all types of motorbikes and offers competitive rates, high limits, great commissions and easy, online application and binding. Carrier: Lumbermans. Rated …
January 18, 2002
The National Association of Independent Insurers (NAII) has urged insurance regulators to “move with deliberation…on terrorism exclusions for personal lines” and to remain flexible when considering such exclusions. According to NAII, reinsurance contracts for many personal lines insurers now contain …
January 11, 2002
InsuranceNoodle has signed its 800th “NoodleNetwork” insurance agency partner to quote and bind small commercial insurance business using the e-broker’s proprietary web-based agency technology, and has been licensed in Wyoming, the 46th state in which it is selling small business …
January 8, 2002
According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11. The Times quoted …
December 5, 2001
Standard & Poor’s assigned its “BBBpi-” financial strength rating to Rocky Mountain Fire & Casualty Co. The rating reflects the company’s extremely strong capitalization and strong operating performance, offset by its volatile returns and limited market penetration. Based in Seattle, …
December 4, 2001
Montana International Insurance, select divisions of Terry Payne & Co., and Hoiness LaBar Insurance formed Payne Financial Group in January 2001 to offer a broader portfolio of services to their clients. Payne Financial Group now serves a client base that …