New Concept Insurance Agency of Vermillion, S.D., was purchased by Community First Insurance Inc., an affiliate of Community First Bankshares Inc. New Concept was started in 1981 by Rich Job and focuses on commercial, personal and farm insurance products. Community …
InsuranceNoodle, an online distributor of small business insurance through independent agencies, has engaged Woolard Gioia Blundell Associates as a strategic partner to assist in developing specifications for a range of new products to complement its current line-up of commercial insurance …
Amwest Insurance Group Inc. announced that it has commenced Chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the Central District of California. The company will be a debtor in possession, and in due course will file with …
Fireman’s Fund Insurance Company announced it has liberalized its Scheduled Valuable Possessions coverage to afford affluent clients greater convenience and extra protection without extra cost when insuring valuables, such as jewelry, fine art, collectibles, silver and the like. According to …
Lancaster District Court Judge John A. Colborn entered an order for the liquidation of Amwest Surety Insurance Company, a Nebraska-domiciled insurer based in Calabasas, Calif. The order was entered June 7 after Nebraska Director of Insurance, L. Tim Wagner, found …
Amwest Insurance Group Inc. received notice that an Order of Liquidation of its subsidiary Amwest Surety Insurance Company had been entered by the Honorable John A. Colborn, Judge of the District Court of Lancaster County, Nebraska, upon petition of the …
Nebraska-based Amwest Surety Insurance Co. was found insolvent by the District Court of Lancaster County, Nebraska, and placed in liquidation, according to the West Virginia Insurance Commission, a state where the company sells insurance. The company’s dealings in West Virginia …
Navigators Management Company, a subsidiary of the Navigators Group Inc., announced the opening of its Midwest Regional Office, based in suburban Chicago. Initially focusing on marine insurance products including marine liability and cargo, the Midwest Regional Office will handle the …
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. Some 2.3 million …
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. …
