Operations News

Poolman Backs Uniform Licensing, Contingent Commissions

North Dakota Insurance Commissioner Jim Poolman believes that creating a uniform producer licensing system is a top priority, not just for North Dakota, but for every state. “We’ve worked hand in glove with our independent agents at home, because of …

Bonus round

Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …

10 Job, education rating factors under scrutiny in New Jersey

Industry warns lawmakers against restricting use of criteria 10 Mass. insurers agree to $175 per month health plan Progress made on implementing resident requirement 10 Plaintiff bar hails Md. court reinstatement of class action Decision allowing economic theory only seen …

Bonus round

Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. Four companies — ACE, AIG, St. Paul …

Editor’s Note: Bonus round

Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …

Markel Acquires Black/White Social Services Business

Markel Insurance Company has agreed to acquire the social services program business of Black/White & Associates Insurance Brokers. The transaction is scheduled to close on April 1, 2007. Black/White’s Alameda, Calif., location will become a Markel Insurance Company underwriting and …

The Commissioners: Tim Wagner

Neb. Director sees industry as leading voice on global warming issue Director of Insurance L. Tim Wagner has spent close to 40 years in the insurance industry, the last nine as the appointed Nebraska regulator. He takes his role seriously …

News Currents

Conn. AG probes insurer, agency relationship Connecticut Attorney General Richard Blumenthal has issued subpoenas in an investigation of bonus commissions and other possible financial arrangements between Middlesex Mutual Assurance Co. in Middletown and H.D. Segur Inc., a large Connecticut insurance …

New producer must have ‘skin in the game’ on the first day on the job

In almost every aspect of any business, the best day to do everything is the first day, especially when it comes to a new producer’s first day on the job. In order to make the most of the agency’s investment, …

Editor’s Note: Bonus round

Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. Four companies — ACE, AIG, St. Paul …