The National Association of Insurance Commissioners (NAIC) will hold its Summer National Meeting in New Orleans, La., this weekend. After considerable deliberation, the Meetings Coordination Task Force decided against holding the meeting in San Francisco. At the request of the …
With over a year remaining on the November 2002 deadline, 25 state legislatures have enacted reciprocal producer licensing laws while bills in another 11 states are awaiting the governors’ signatures. The producer licensing legislation passing in states around the country …
Independent Insurance Agents of America’s (IIAA) National Board of State Directors confirmed W. Cloyce Anders as the association’s president-elect and elected Louise “Bebe” C. Canter, CPCU, ARM vice-president. The board nominated Anders and Canter, members of IIAA’s Executive Committee, at …
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. +20% CT DC …
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. …
“You’re in good hands.” Those words have a profoundly different context if you happen to be part of a group of individuals who submit “creative” claims to Allstate. In that case, those good hands will be locked in death grip …
In a move to expand its specialty insurance services, Argonaut Group Inc. signed a definitive agreement to acquire Morrisville, N.C.-based Front Royal Inc. for $165 million in cash. Argonaut stated the purchase should add to its earnings per share from …
Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., agreed to sell two wholly owned insurance companies, Acceptance Indemnity Insurance Company and Acceptance Casualty Insurance Company, to McM Corporation, a Raleigh, …
Acceptance Insurance Companies Inc., an insurance holding company providing agricultural risk management products and services throughout the U.S., agreed to sell two wholly owned insurance companies to McM Corporation, a Raleigh, North Carolina-based insurance holding company, and owner of Occidental …
In a move to expand its expand its specialty insurance services, Argonaut Group Inc. signed a definitive agreement to acquire Morrisville, N.C.-based Front Royal Inc., for $165 million in cash. According to a Reuters report, Argonaut said the purchase should …
