In his opening statement as chair of a U.S. House of Representatives subcommittee considering extension of the Terrorism Risk Insurance Act (TRIA), Rep. Paul E. Kanjorski of Pennsylvania said he believes the act should be extended for a period of …
Sen. Joe Lieberman, D-Conn., and House Republican Whip Roy Blunt R-Mo., addressed 1,400 independent insurance agents and brokers at the Independent Insurance Agents & Brokers of America’s National Legislative Conference & Convention this morning. Sen. Lieberman emphasized the importance of …
Lexington Insurance Company, a member company of American International Group, Inc. announced it has opened a property and casualty insurance underwriting office in Hamilton, Bermuda. “Establishing this new office reflects Lexington’s commitment to providing ready access to top-quality products and …
Marsh’s London office announced that it has launched a new liability product for the power and utility industry. The Marsh Utility Liability facility is designed to provide cover for power and utility clients based outside the United States. Marsh’s Global …
If the federal government’s terrorism insurance program were allowed to expire, private market terrorism insurance coverage would become largely unavailable and unaffordable, and the gears of commercial real estate would grind to a halt, according to the National Association of …
Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this month in Washington for a national catastrophe fund to help stabilize an insurance industry that some say has gone berserk in coastal areas. The Bush administration …
As 1,200 independent agents and brokers from around the country descend on Washington, D.C., this month for the Big “I” Legislative Conference & Convention, they will be greeted with a new legislative priority: The McCarran-Ferguson antitrust repeal. While insurance regulatory …
Twenty-nine year old Peter Webb served his country in the U.S. Marines for eight years. Since then, Sergeant Webb has spent four years serving small businesses as an account manager and producer for an Oklahoma City independent agency. Now just …
As 1,200 independent agents and brokers from around the country descend on Washington, D.C., this month for the Big “I” Legislative Conference & Convention, they will be greeted with a new legislative priority: The McCarran-Ferguson antitrust repeal. While insurance regulatory …
Twenty-nine year old Peter Webb served his country in the U.S. Marines for eight years. Since then, Sergeant Webb has spent four years serving small businesses as an account manager and producer for an Oklahoma City independent agency. Now just …
