Agency Ideas® of Cary, N.C., announced the release of SET & TRACK™, a product management software tool for property and casualty agency principals and managers. SET & TRACK features goal calculations, agreements, tracking grids, printed reports, and full-color graphs which …
Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of Columbia can access. …
Two bills backed by the North Carolina Department of Insurance that would launch a reinsurance facility for coastal homeowners’ insurance would instead create a subsidy system in which inland policyholders will pay for the additional insurance premiums of expensive seaside …
Royal & SunAlliance USA of Charlotte, N.C. has promoted Vince Pugliese to president and chief operating officer of its commercial insurance division. Prior to his promotion, Pugliese served as executive vice president of that same division. He succeeds Steve Mulready, …
Standard & Poor’s lowered its counterparty credit and financial strength ratings onMutual Service Casualty Insurance Co. (MSC) of St Paul, Minn., to single-“Bpi” from triple-“Bpi” because of the companies’ rise in net leverage, decline in surplus, and weak profitability and …
Standard & Poor’s lowered its counterparty credit and financial strength ratings onMutual Service Casualty Insurance Co. (MSC) of St Paul, Minn., to single-“Bpi” from triple-“Bpi” because of the companies’ rise in net leverage, decline in surplus, and weak profitability and …
State Farm Insurance Company announced it would stop writing new homeowners insurance in 17 states in efforts to boost profitability, according to reports by the Dow Jones Newswire and the Associated Press. The move comes after The Bloomington, Ill.-based insurer …
Triad Guaranty Insurance Corporation, a subsidiary of North Carolina-based Triad Guaranty Inc., has unveiled eU Xpress(SM), an electronic contract underwriting submission and approval system. The new tool is part of Triad’s TAXI(SM) (Transactions Across the Internet) online system. Through eU …
Bill Murphy, president of Murphy Insurance Group in McLean, Va., was elected president of the International Mass Marketing Association, Inc. (IMMA) at its 2002 Annual Conference recently. Also elected were Jim Shevlin to vice president a vice president with Fusura, …
Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several years, now: damages stemming …
