In recent years, regulatory and tax issues, as well as market dislocations, have contributed to the formation of new insurance and reinsurance companies. As a result, growing numbers of brokers, agents, lenders, capital market participants and corporate clients are seeking …
Big “I” Markets, the online market-access program developed by the Independent Insurance Agents & Brokers of America (IIABA), announced that National Interstate Insurance Company is providing Big “I” member agents and brokers access to its recreational vehicle (RV) policy. National …
A Sunday night fire in Selma damaged two businesses and the Alabama Employment Office. All three were located in the 1000 block of Broad Street in downtown Selma. The fire originated in the Family Dollar Store. The Rent-A-Center and the …
The Alabama Department of Insurance has launched an updated Web site. It remains at the same address, which is http://www.aldoi.gov/. The new site, designed by department webmaster Jelene Hardy, should reportedly provide more helpful information to consumers and industry representatives …
Property and casualty insurers earned $22.9 billion during the first nine months of 2003, representing a $12.1 billion, or 112 percent, increase over the $10.8 billion profit reported during the same period in 2002, according to Weiss Ratings Inc (www.weissratings.com). …
Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported results for its fourth quarter and full year ended Dec. 31, 2003. The company also announced that its Board of Directors has suspended the regular quarterly cash dividend, …
Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, appointed Linda Halbleib as senior vice president in the Property and Casualty practice. She will be based in Lockton’s San Francisco office. Halbleib will assume a leadership role in the …
As the Wyoming Legislature wrapped up its 30-day session on March 5, the Property Casualty Insurers Association of America (PCI) expressed disappointment in the passage of a key bill dealing with homeowners insurance. “HB 40 places restrictions on the use …
Southwest Business Corporation (SWBC), a San Antonio-based insurance and financial services provider, named David Horne as executive vice president and chief administrative officer. “We have known David for a long time and have followed his successful career. He has many …
North Carolina-based BB&T Insurance Services plans to buy Iler Wall & Shonter Insurance Inc. of St. Petersburg, Fla. The acquisition would give the nation’s sixth largest insurance broker its second agency in the Sunshine State. The announcement comes three months …
