The South Dakota Division of Insurance has provided guidelines on rebating, fees and commissions for licensed producers acting as consultants in the state. Prohibited for Producers Rebating. Negotiating commissions with consumers under any circumstances. This includes writing policies “net of …
HNI Risk Services named Chad Tisonik as its Wisconsin location president. Tisonik’s appointment marks the first time HNI Wisconsin will be managed by a non-family member of the founder since the company’s inception in 1963. Tisonik replaced Mike Natalizio as …
An insurance trust representing Minnesota counties has agreed to pay $2 million to settle a lawsuit over driver’s license data snooping. The proposed settlement was presented on Oct. 3 in federal court. The case involved a child support officer in …
As many as nine tornadoes – at least one rated a powerful EF3 – touched down across northeast Nebraska and northwest Iowa as a storm cell moved over the region in the evening on Oct. 4, causing structural damage and …
The National Association of Professional Insurance Agents (PIA) named John G. Lee of Fredericksburg, Va., as its president for a term that began on Oct. 1, and runs through Sept. 30, 2014. Richard A. Clements of Chalmette, La., is president-elect; …
Further Investigation Delayed by Government Shutdown The partial government shutdown has delayed the federal investigation of the April 17 fertilizer plant explosion in West, Texas, and efforts to improve chemical safety, Sen. Barbara Boxer of California announced on Oct. 8. …
Situation: A majority partner wants to sell the agency; the rest of the partners don’t. What to do? Gaylon Brown and his partners had that problem last year. When he received a marketing email from Oak Street Funding he thought …
Workers’ compensation networks certified by the Texas Department of Insurance (TDI) continued to show improvements in medical costs, return-to-work outcomes, and health outcomes in the latest annual report card published by TDI’s Workers’ Compensation Research and Evaluation Group (REG). Networks …
Through Oct. 7, Oklahoma recorded 491 traffic fatalities for 2013, compared with 539 deaths at the same point last year. The Oklahoma Department of Public Safety says 58 people died in traffic crashes in August. That’s compared with 65 in …
Buyer demand for available independent agencies is greater than the supply and it’s been that way for years, according to Rick Bondurant, director of management services for the Independent Insurance Agents of Texas. “Even the smallest book has a wide …
