July 14, 2005
American Agents Alliance Executive Director Ken Nigohosian says the association will maintain its opposition to Senate Bill 20 (Escutia), despite recent amendments to the bill. SB 20 would mandate the continuance of California’s low-cost automobile insurance pilot program beyond the …
July 14, 2005
Clifford Mapes, president and CEO of Tustin, Calif.-based National Advantage Insurance Services Inc., recently announced that he has been appointed and approved for writing several of his popular insurance products in the state of Nevada. Nevada agents will now have …
July 14, 2005
Yesterday, the California Supreme Court denied the writ of mandate in a case filed by a group sponsored by the California Applicant Attorneys’ Association, the American Insurance Association reported today. The case challenged the permanent partial disability regulations promulgated by …
July 14, 2005
The West Virginia Insurance Commission is preparing for Jan. 1, 2006, when it will be responsible for the state workers’ compensation system, as the West Virginia Workers’ Compensation Commission ceases to exist and becomes the West Virginia Employers’ Mutual Insurance …
July 14, 2005
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Beazley Insurance Company, Inc. (BICI) (Omaha, NE), a newly formed U.S. insurer that is part of the Beazley Group, plc …
July 14, 2005
The last three months have witnessed a period of stability and consolidation in overall capacity of the directors and officers market. Premium rates, however, continue to reduce and brokers continue to drive improved coverage terms. New and upcoming legislation in …
July 14, 2005
Countrywide Insurance Group has announced that Brett Borisoff has joined the organization as president of Countrywide Insurance Services Inc.’s commercial insurance division. Borisoff will run the commercial division of the full service insurance agency/brokerage and lead the effort to expand …
July 14, 2005
Virginia insurance agents might not have to worry about a new far-reaching compensation disclosure law as do agents in some other states, but they should pay attention to laws already on the books, the state’s chief licensing officer recently warned. …
July 14, 2005
The Citizens and Hanover Insurance Companies’ new Connections Auto, a state-of the-art, multi- variate auto product with greater customer segmentation capabilities, is off to a strong start in its initial launch states. Connections Auto provides Citizens and Hanover’s independent agent …
July 14, 2005
Oklahoma Insurance Commissioner Kim Holland announced two new members to the Oklahoma Insurance Department staff. Jennifer Burchett was hired as legislative liaison. Burchett graduated with a bachelor’s degree in letters from the University of Oklahoma and obtained a law degree …