June 11, 2001
Sable Insurance Company received an “R” FSR from S&P. The company was placed into conservation in May by the California Department of Insurance, relating to an insolvency of more than $12.9 million. A subsidiary of Reliance National Indemnity Co. and …
June 7, 2001
With over a year remaining on the November 2002 deadline, 25 state legislatures have enacted reciprocal producer licensing laws while bills in another 11 states are awaiting the governors’ signatures. The producer licensing legislation passing in states around the country …
June 4, 2001
Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton Group’s biannual Compensation Survey. +20% CT DC …
June 4, 2001
It was a new year, a new administration, and a new round of visits on Capitol Hill. Although not as critical a legislation year as past years, the issues remained as pressing as ever, and the 800 attendees of the …
May 22, 2001
Less than half of the states are likely to have their own privacy rules in place by the July 1 deadline imposed by the Gramm-Leach-Bliley Act (GLBA), a survey conducted by the National Association of Mutual Insurance Companies (NAMIC) shows. …
May 21, 2001
It was a new year, a new administration, and a new round of visits on Capitol Hill. Although not as critical a legislation year as past years, the issues remained as pressing as ever, and the 800 attendees of the …
May 17, 2001
ePolicy.com Insurance Services, Inc., announced it has signed an agreement with Republic Indemnity Company, a subsidiary of American Financial Group, which is a member of the Great American Insurance Group, to offer workers’ compensation insurance, loss control and claims management …
May 11, 2001
Commissioner Harry W. Low announced today the conservation of Sable Insurance Company, due to its insolvency. Sable, which is domiciled in California and headquartered in San Francisco, is a wholly owned subsidiary of Sable Insurance Holding Company. Sable Insurance Holding …
May 7, 2001
Sen. Conrad Burns (R-Mont.) was honored as the Independent Insurance Agents of America’s (IIAA) 2000 Gerald Solomon Legislator of the Year during the Association’s 25th annual National Legislative Conference in Washington, D.C. Burns is the seventh IIAA Legislator of the …
April 5, 2001
Keeping with its goal of providing insurance in all 50 states by the end of second quarter 2001, InsuranceNoodle is now licensed to sell insurance in Oklahoma, Louisiana, and Montana. The Chicago-based insurance e-broker now conducts business in 23 of …