The National Alliance for Insurance Education & Research announced the selection of the state winners of the 2003 Outstanding CSR of the Year Award. The award originated in 1991 to recognize the contributions of outstanding customer service representatives within the …
A series of severe thunderstorms and tornadoes that ravaged the country’s mid-section in early May is not likely to send property insurance rates soaring again, but the surprising weather pattern has caused insurers to take a second look at their …
An affiliate of Fargo, N.D.-based Community First Bankshares Inc. has acquired Larry Levitt Insurance Inc., located in Rock Springs, Wyo. It is the 15th insurance agency purchase since 2000, according to a statement released by the company. Forty-nine of the …
The Nebraska Legislature enacted two significant bills during the 2003 legislative session that will provide guidelines for credit-based insurance scoring and further modernize the regulatory environment for commercial lines insurance. Nebraska is one of approximately 12 states that enacted the …
The Alliance of American Insurers is urging Oklahoma Gov. Brad Henry to sign into law a bill that would limit insurer exposure under the Standard Fire Policy Act, thereby helping to stabilize the state’s commercial insurance market. “HB 1273, which …
The Alliance of American Insurers has issued an announcement indicating that a final Delaware Department of Insurance regulation governing property/casualty insurers’ use of credit-based insurance scores that will go into effect June 1 is “fair to both consumers and insurers …
Michigan Gov. Jennifer Granholm (D) has signed into law a bill limiting insurer exposure under the Standard Fire Policy Act. The state follows similar action earlier this year by Virginia, Minnesota and Nebraska, according to the Alliance of American Insurers. …
The Michigan Legislature has passed a bill limiting insurer exposure under the Standard Fire Policy Act and sent it to the governor, whose signature is urged, according to the Alliance of American Insurers. Under the bill, HB 4432, commercial property/casualty …
U.S. insurers have taken another hit these past few weeks as tornado season continues to wreak havoc on the nation. The tornadoes, which swept across parts of the U.S. from May 2-11, have the potential to be the costliest in …
Tornadoes that swept across Arkansas, Kansas, Missouri, Nebraska, South Dakota and Tennessee earlier this week could cost insurers at least $325 million — making it one of the top five costliest tornado events, according to the Insurance Information Institute (III). …
