July 18, 2002
State regulators are gearing up for the next round of privacy proposals that will require a company to create a written information security program for the protection of their customers’ personal information. The programs must include administrative, technical and physical …
July 16, 2002
Compass Bancshares, Inc. has completed its acquisition of Schaefer-Smith- Ankeney Insurance Agency, L.C., a Phoenix, Arizona based full-line general insurance brokerage firm. Schaefer-Smith-Ankeney specializes in providing commercial lines property and casualty insurance to clients based in Phoenix and the southwest. …
July 15, 2002
InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers as well as their clients, has won regulatory approval to expand its operations to 15 additional states—three on a …
July 9, 2002
Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages for property managers …
July 9, 2002
Farm Bureau Mutual Insurance Company announced that the Farm Bureau property-casualty affiliates in Kansas (Farm Bureau Mutual Insurance Company, Inc.) and Nebraska (Farm Bureau Insurance Company of Nebraska) will merge into Farm Bureau Mutual Insurance Company. The Farm Bureau Mutual …
July 4, 2002
Spectrum Brokers has available a program for manufactured home retail. Business is brokerage only. Endorsements include broad form. Policy limits are $1,000/$2,000 general liability and property, with deductibles of $1,000. Minimum premiums are $750. The carrier is Hudson Insurance, “A” …
June 18, 2002
AgentSecure, a division of InsureZone that provides agents with online access to big-brand P/C and life products through a single-entry, multiple-carrier interface (SEMCI), has received exclusive endorsements from five more state-based organizations affiliated with the Independent Insurance Agents & Brokers …
May 22, 2002
The Missouri Department of Insurance announced that its director, Scott B. Lakin, will hosed a public roundtable discussion on key issues facing consumers and regulators in Kansas City on May 23. Five state insurance directors and the National Association of …
May 21, 2002
The Arizona Legislature passed a bill May 16 aimed at protecting consumers who depend on structured settlements, and could become the fourth state this year to enact such a law, according to the Alliance of American Insurers. Mississippi and Utah …
May 6, 2002
Ohio Department of Insurance Director Lee Covington has signed a cooperative agreement that will increase the efficiency and effectiveness of market conduct examinations of insurance companies doing business in Ohio. Market conduct exams determine the extent to which insurers comply …