December 14, 2006
The Director of the Oregon Department of Consumer and Business Services Insurance Division, Cory Steisinger, reported that American Standard Insurance Company of Wisconsin has entered into a stipulation agreement, based on an enforcement action by the Department. According to a …
December 11, 2006
Connecticut remains dependent upon the insurance sector for many of its jobs and much of its economic growth, a new report by an industry coalition confirms. The state has triple the U.S. average of insurance carrier jobs and the highest …
December 11, 2006
California has the most number of people without insurance coverage compared to any other state — and the number of employers offering health insurance plans is declining. According to a recent “Snapshot of California’s Uninsured” by the California HealthCare Foundation, …
December 11, 2006
Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 …
December 11, 2006
Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is offered via a non-admitted “A” rated market …
December 11, 2006
Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …
December 11, 2006
Jorge Gomez, the Wisconsin state insurance commissioner since 2003, will be leaving the position to return to the private sector, Gov. Jim Doyle recently announced . Doyle said a successor would be named soon. Doyle credited Gomez with helping push …
December 11, 2006
Frank J. Coyne, chief executive officer of Insurance Services Office, recently warned that insurers unable to keep up in the technological arms race face a grim prognosis. The industry leader said a chasm is growing between insurers using state-of-the-art analytics …
December 11, 2006
Monoline Auto Classes, Small Commercial Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 new …
December 10, 2006
For regional carriers, predictive modeling is about more than pricing New analytics mean more than better pricing; they bring regional insurers closer to their agents and attract new business Frank J. Coyne, chief executive officer of Insurance Services Office, recently …