May 21, 2007
Tow Truck Operators Nuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed by Swiss Re. The program provides specialty …
May 21, 2007
Tow Truck Operators Nuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed by Swiss Re. The program provides specialty …
May 21, 2007
Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need to at least be regulated and moderated,” …
May 21, 2007
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
May 21, 2007
Lansing, Mich.-based Accident Fund Insurance Company of America recently named Al Gileczek as its vice president of Business Development Regional Operations. In his new role, Gileczek oversees Accident Fund’s national underwriting practices, sales strategies, research, and regional growth and development. …
May 21, 2007
The Professional Insurance Agents of New Hampshire Inc. recently said it basically agrees with two insurance department proposals meant to clarify agents’ fiduciary and licensing rules. According to Judy George, president of PIANH, while the association generally agrees with the …
May 21, 2007
Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need to at least be regulated and moderated,” …
May 21, 2007
Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …
May 21, 2007
The 400 insurers of the American Insurance Association have seen the favorable results for the public as well as insurers when states have worked to increase competition and relax unproductive regulatory restraints. Recent legislation in Massachusetts (H. 1023) makes great …
May 21, 2007
The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …