Recent legislation has industry circles wrestling over the ongoing question: What makes an agent an agent and a broker a broker? An agent is traditionally defined as a licensed individual or organization authorized to sell insurance by or on behalf …
The results are in for the property/casualty industry’s fourth quarter and year end, and they don’t look any better than 1998. In fact, with the exception of a small acceleration of premium growth, 1999 was worse than 1998 in nearly …
Both the marine industry and the insurance industry have witnessed a surge in recreational boating, from mega-yachts to personal watercraft (PWC), over the past few years. According to U.S. Coast Guard estimates, there were roughly 1.1 million PWC on the …
California Insurance Commissioner Chuck Quackenbush collected political contributions from insurance companies and transferred $100,000 to his wife’s campaign accounts to repay her for personal loans she made to her failed state Senate campaign, the Los Angeles Times reported on March …
On March 20, Orange County Superior Court granted Yates & Associates Insurance Services a temporary restraining order (TRO) against R.E. Chaix & Associates. The order prohibits employees of Chaix from initiating business with any of the roughly 400 agents who …
broad coalition of insurance and employer trade associations and companies recently filed comments with the U.S. Department of Health and Human Services on proposed medical records privacy regulations. Insurers argue the proposed regulation needs clarification to ensure the ability of …
