Yearly Archives: <span>2006</span>

National Insurer Group Opposes S.D. Judicial Ballot Initiative

The National Association of Mutual Insurance Companies is saying it plans to work with a broad-based coalition in South Dakota to defeat a statewide judicial ballot initiative on the November ballot that would allow citizens to bring a lawsuit against …

Beazley Commercial Property Team Expands In U.S.

Beazley announced it has hired two senior underwriters to assist with the company’s U.S. operations mid market commercial property business a focus. Todd Hanes joins Beazley as the West Coast regional underwriting manager for commercial property business. Based in San …

Report: La. More Insured than any Other State for Flooding

In the aftermath of Hurricane Katrina, public officials and insurance experts predicted that the vast majority of property losses from the most costly flood in U.S. history would be uninsured. But data from the office of Donald Powell, the Bush …

Progressive Direct Launches Pilot Test in Iowa Based on Drivers’ Mileage

Iowa-based Progressive Direct Insurance has kicked off a pilot program aimed at providing discounts to policyholders based on the mileage on their odometers. The premise, according to Progressive, is that drivers could control how much they pay for car insurance …

Independent Agents Grew Market Share by $12 Billion in 2004

In 2004, the property-casualty market grew to $457.68 billion in direct written premium, with the overall market increasing by $20.69 billion. During this time, the independent agency system amassed a nearly $12 billion increase in production, accounting for almost 60 …

Chicago’s Specialty Underwriters’ Alliance Expands to Include Trucking

Specialty Underwriters’ Alliance, Inc. today announced that it amended its Partner Agent Program Agreement with American Team Managers to include specialized local and intermediate trucking. ATM will provide commercial auto, liability and garage coverages through a dedicated retail agent with …

Miss. AG Looking for ‘Good Insiders’

Attorney General Jim Hood has announced that his office is looking for a few more “good insiders” to help in the investigation of the insurance industry’s “fraudulent denial of claims on the coast.” “The time is now for insiders to …

Calif. Insurance Commissioner Candidate Bustamante to Address Latin American Agents

California Insurance Commissioner Candidate Cruz Bustamante, currently the Lieutenant Governor, will be speaking at the Latin American Agents Association (LAAA) meeting, slated for Thursday, April 6th at 7 p.m. Bustamante plans to outline his campaign platform, his perspective on the …

Continental Risk Opens California Marine Facility

Continental Risk Insurance Services, a surplus lines broker, has opened a new facility in Lodi, Calif., devoted to the marine industry. Operating under the name of Continental Marine Insurance Services, it will concentrate on marinas, boat dealers, boat manufacturers, yacht …

Arrowhead General Offers Personal Motorcycle Program in Arizona

Arrowhead General Insurance Agency Inc., San Diego, is offering a personal motorcycle program in Arizona, with a similar program available in California. Endorsements include: accessories and nonstandard equipment coverage, platinum package coverage, and towing and labor. Policies are being written …