Yearly Archives: <span>2011</span>

Bell-Anderson Agency Names Tanta Shareholder

The board of directors of Kent, Wash.-based Bell-Anderson Agency Inc. has elevated Steven Tanta as the newest shareholder in the agency. Tanta specializes in handling insurance placement and risk management for the construction, real estate and manufacturing sectors. Founded in …

Liens Stress California Workers’ Comp System

Liens are “choking” California’s workers’ compensation system, with employers and insurers spending roughly $200 million per year on loss adjustment expense to handle medical liens claims, according to a new liens report. In the Golden State’s workers’ compensation system, a …

New York Agents Praise Regulators New Opinion on Bounced Check Fees

New York insurance agents are lauding a new legal opinion from state regulators that will allow producers to recover any money lost when clients bounce checks. The Independent Insurance Agent and Brokers of New York (IIABNY) said the opinion — …

Model Boasts Good Track Record Predicting Political Hotspots

The forecast for predicting the next political hotspots could be much more accurate because of a model developed by two Kansas State University professors and a colleague in New York. The model, named the Predictive Societal Indicators of Radicalism Model …

Poll: Growing Support to Legalize Gay Marriage in New York

A new poll shows support among New Yorkers for legalizing gay marriage is growing after years of hovering just over the 50-percent level. Advocates are using the results in their effort to bring the issue to a vote in the …

In Future, Cars Might Decide if Driver is Drunk

An alcohol-detection prototype that uses automatic sensors to instantly gauge a driver’s fitness to be on the road has the potential to save thousands of lives, but could be as long as a decade away from everyday use in cars, …

Admiral Insurance Names Jones as Vice President in Atlanta

Admiral Insurance Co. has named Stephen Jones as its new vice president of professional liability in the insurer’s Atlanta, Georgia office. Domiciled in Delaware and with administrative offices in Cherry Hill, New Jersey, the excess and surplus lines insurer also …

AIG Completes Sale of Japanese Life Insurance Companies to Prudential

American International Group, Inc. (AIG) reported it has closed the sale of its Japan-based life insurance subsidiaries, AIG Star Life Insurance Co. Ltd. and AIG Edison Life Insurance Co., to Prudential Financial Inc. for a total purchase price of $4.8 …

Applied Systems Adds Data Protection, Email Verification Service

Insurance agents and brokers can now legally prove who e-mailed what to whom and when. Applied Systems TAMOnline and VisionOnline agency management systems now include a service known as RPost Registered Email. RPost helps agents protect insureds’ personal information such …

Egypt’s Troubles Mean Companies Need to Reassess Risk, Says Marsh

The fallout from the ongoing events in Egypt – protestors have called for a million people to assemble in Cairo today – is affecting both foreign and domestic companies. Several insurance executives in London agreed that “communications are very difficult. …