Robert Rusbuldt News

Industry Still Divided as House Federal Charter Measure Reintroduced

U.S. Reps. Melissa Bean, D-Ill., and Ed Royce, R-Calif., have reintroduced their National Insurance Act of 2007, the so-called optional federal charter bill that proposes letting insurance companies choose federal over state regulation. The Royce-Bean bill is similar to Senate …

House Passes Uniform Surplus Lines Insurance Reform

The U.S. House of Representatives passed H.R. 1065, the Nonadmitted and Reinsurance Reform Act of 2007, legislation that if enacted, will help increase the efficiency of the existing state-based insurance regulatory system, supporters say. H.R. 1065 is virtually the same …

Declarations

Declarations Every opportunity “Independent agents continue to hold their own in terms of market share despite unprecedented advertising campaigns from direct writers. The independent agent distribution model is viable, flexible and entrepreneurial. Opportunity exists for independent agents and brokers in …

Declarations

Furious pace “Despite the well-known vulnerability to hurricanes and rapidly escalating property values, coastal development in vulnerable areas continues at a furious pace. Adding billions of dollars in new insured exposure will further burden Florida’s already precarious property insurance market.” …

Declarations

Declarations Furious pace “Despite the well-known vulnerability to hurricanes and rapidly escalating property values, coastal development in vulnerable areas continues at a furious pace. Adding billions of dollars in new insured exposure will further burden Florida’s already precarious property insurance …

Declarations

Every opportunity “Independent agents continue to hold their own in terms of market share despite unprecedented advertising campaigns from direct writers. The independent agent distribution model is viable, flexible and entrepreneurial. Opportunity exists for independent agents and brokers in every …

Independent Agents’ and Brokers’ Market Share Holds Steady

The results of the 2005 market share study by the Independent Insurance Agents & Brokers of America, Inc. (the Big “I), again show that the independent agency system remains strong with plenty of growth opportunities. During 2005, the market saw …

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. …

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. …

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. …