Yearly Archives: <span>2005</span>

Legislative, Regulatory, Ethics Issues Highlight IIAG Conference Agenda

Industry leaders will discuss hot legislative, regulatory and ethics issues during the 108th Independent Insurance Agents of Georgia’s June 10 to 14 108th Annual Convention and Trade Show at the Hilton Sandestin Resort in Destin, Fla. This event will feature …

New Ariz. Hangar Permits May Require Tenants to Purchase Insurance

The Flagstaff, Ariz. City Council will consider changes to the monthly permits issued to tenants of city-owned hangars that could require them to buy liability insurance to cover the facilities and name the city on the policy. The policy will …

Aon Risk Services Appoints Heffernan to Managing Director, San Jose, Calif.

Aon Risk Services Inc. announced that Michael Heffernan has been named managing director of the San Jose office. Heffernan, a recognized leader within the construction insurance market, was formerly co-national director of Aon’s Wrap-Up Group. Heffernan has more than 13 …

Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process

Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new study by two Wharton School of Business scholars. (Click here to …

Gold Seal Risk Management Launches in U.S.

Gold Seal Risk Management Services (www.goldsealcorp.com), formed in Australia in 1995 to provide risk management and advisory consulting services to general insurance intermediaries, has expanded its services to the United States. The American company operates under the name Gold Seal …

Summit Launches Contractors Insurance Program

Las Vegas, NV – Summit Insurance Services, Inc. has launched a new insurance program designed specifically for commercial contractors in California. The program is underwritten by an AM Best Financial Performance Rating of A+ (Superior) and a Financial Size Category …

What Happened to the Rogue Underwriters?

AIA Applauds Passage of Okla. Workers’ Comp Bill

In a significant victory for AIA and the business community, the Oklahoma legislature last Friday passed a comprehensive workers’ compensation reform bill (SB 1X). Passage came during a special legislative session called by Gov. Brad Henry (D) to address the …

Ethics Panel Expands Probe Into Ohio Comp Bureau Investments

Ohio taxpayers may own 3,500 bottles of expensive wine and 265 illegal Cuban cigars found in the cellar of the suburban Denver home of a former employee of coin dealer Tom Noe. Authorities on Friday seized the wine, cigars, hundreds …

Aon Adds to Health Care Practice

Chicago-based Aon Corp., the world’s second-largest broker, announced that three health-care risk management veterans, Tris Gabriel, Michael Zuckerman and Mary Pulley, have joined its national health care practice. Tris Gabriel joins Aon Healthcare as a senior vice president, the company …