Monthly Archives: <span>March 2004</span>

Congressman Frank Guest Speaker at IIABA National Legislative Conference

Congressman Barney Frank (D-Mass.), the ranking Democrat on the House Financial Services Committee, will speak to members of the Independent Insurance Agents & Brokers of America (IIABA) during their National Legislative Conference next month. Frank will speak at a breakfast …

Online Insurance Marketing Conference Set for May in Princeton, N.J.

The publishers of e-Insurance Marketer and digital insurance agency, The Credo Group, announced it would hold its e-Insurance Conference on May 17, 2004 in Princeton, N.J. The conference, which has been created especially for senior-level marketing and information technology (IT) …

AIG Higher Education Risk Solutions Unveiled to Meet College and University Risks

American International Group Inc. (AIG), announced the formation of AIG Higher Education Risk Solutions, a division of the property and casualty insurance subsidiaries of AIG, to address the growing risks faced by colleges and universities. The new unit’s Educators Elite …

S.C. House Leadership Drops Plan to Divert Millions From Second Injury Fund

In a move supported by the American Insurance Association (AIA), South Carolina House leaders earlier this week decided against appropriating $40 million from the state workers’ compensation Second Injury Fund (SIF) to help balance the state’s budget. The original budget …

Louisiana Oilfield Workers Now Have Insurance Fund

The Louisiana Oilfield Contractors Association (LOCA) formed a group self insurance fund for workers’ compensation coverage for participating members, marking the first time this successful risk transfer mechanism has ever been employed for energy sector business owners. According to LOCA, …

2004 ACSR of the Year Nominations Sought

The Independent Insurance Agents of Texas announced that it will accept nominations for the 2004 ACSR of the Year award until March 15. The award will be presented at IIAT’s convention June 10-12 in Dallas. This annual award promotes the …

New Jersey to Unveil Online Auto Insurance Planner

New Jersey Banking and Insurance Commissioner Holly C. Bakke will unveil the Auto Insurance Purchasing Planner today. This Internet-based program is designed to help New Jersey drivers understand the insurance coverage they need and how much they want to pay …

Sales of Variable Annuities Bounced Back in 2003

New Jersey to Unveil Online Auto Insurance Planner Today New Jersey Banking and Insurance Commissioner Holly C. Bakke will unveil the Auto Insurance Purchasing Planner today. This Internet-based program is designed to help New Jersey drivers understand the insurance coverage …

Allmerica CEO: Mass. Personal Lines Capacity Woes Could Spread to Other Lines

Massachusetts has a capacity crisis not just an auto market crisis which is being played out most vividly on Cape Cod and could spill over into other lines if more and bigger companies are not attracted to the state, according …

PCI, AIA Oppose Mass. Bill Requiring Insurers to Report to Tax Authorities

The Property Casualty Insurers Association of America and the American Insurance Association have both gone on record as opposed to a bill being considered by the Joint Committee on Taxation that places insurers in the awkward position of assisting the …