Robert Rusbuldt News

Big ‘I’ Throws Backing Behind House Terrorism Insurance Bill

The Independent Insurance Agents & Brokers of America (the Big “I”) said it strongly supports H.R. 4314, the Terrorism Risk Insurance Revision Act, introduced late Monday by Subcommittee Chairman Richard Baker (R-La.). A new backstop is needed to help insure …

Gen. Colin Powell to Address 2006 Big ‘I’ Convention

Gen. Colin Powell, USA (Ret.), will be the keynote speaker at the 2006 Big “I” National Legislative Conference & Convention. Gen. Powell is scheduled to speak April 28, 2006 at the event’s closing general session. His speech will focus on …

Rep. Oxley to Retire at End of 2006

Rep. Michael G. Oxley (R-Ohio), Chairman of the U.S. House Financial Services Committee announced yesterday that he will not seek re-election in 2006. Oxley will retire from Congress at the end of his current term, completing 25 years of service …

National Newsbriefs

Katrina Churns in $34.4B in Losses: Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured property losses, making it the costliest U.S. catastrophe ever, according to preliminary estimates by ISO’s Property Claim Services unit. …

News Briefs

Katrina Churns in $34.4B in Losses: Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured property losses, making it the costliest U.S. catastrophe ever, according to preliminary estimates by ISO’s Property Claim Services unit. …

Katrina, Asbestos, Soft Market Test Mettle of Today’s Bright CEOs

Industry pundits have praised today’s insurance chief executive officers as better informed and more disciplined than their peers of the past. The next few months may put that notion to the test as these leaders are forced to respond to …

Katrina, Asbestos, Soft Market Test Mettle of Today’s Bright CEOs

But SOX May Be What Really Keeps Them Focused on Financial Strength Industry pundits have praised today’s insurance chief executive officers as better informed and more disciplined than their peers of the past. The next few months may put that …

Big ‘I’ Adopts Insurer Disclosure Policy

The national board of the Independent Insurance Agents & Brokers of America (IIABA) has adopted a new policy on producer compensation disclosure by carriers. The policy seeks to avoid disparate and conflicting company requirements, and to encourage carriers to consult …

Mass. Agents Answer the Call, Contribute $20K to Big ‘I’ Katrina Relief

Massachusetts insurance agents are taking the call to aid victims of hurricane Katrina seriously. The Massachusetts Association of Insurance Agents is sending a $20,000 check to the Big ‘I’ Katrina Relief Fund established just last week by its national organization, …

Big ‘I’ Forms Katrina Relief Fund

The Independent Insurance Agents & Brokers of America (IIABA) has established the Big “I” Katrina Relief Fund, in order to assist those whose lives have been tragically altered by Hurricane Katrina and its aftermath, announced Big “I” CEO Robert Rusbuldt. …