Articles by Stewart Eisenhart

Agents, Would-Be Agents and Educators Fall Under TDI Scrutiny

Late January and early February enforcement actions taken by Texas Insurance Commissioner Jose Montemayor included license revocations, suspensions, denials, and related fines assessed upon numerous agents, would-be agents and at least one insurance continuing education provider in the state. Billy …

Insurance Fraud: A Perpetual Bane for Industry, Consumers

Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise premiums to offset resultant losses, but during periods …

AMS Users Group 26th National Conference Draws 2,600 Agents

The AMS Users’ Group, an Irving, Texas-based organization representing more than 9,000 agents using AMS Services Inc.’s automated agency management systems, began its four-day 26th National Conference in Dallas, for which more than 2,600 independent agents have registered. The conference …

Insurance Fraud: A Perpetual Bane for Industry, Consumers

Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise premiums to offset resultant losses, but during periods …

AIG Wants End to FAA’s War-Risk Coverage for Airlines

Maurice Greenberg, chairman and CEO of American International Group Inc., has undertaken efforts to persuade the Federal Aviation Administration to stop providing war-risk insurance for ground damage to U.S. airlines, according to both The New York Times and The Wall …

NAPSLO Mid-Year Meeting Largest in Association’s History

The National Association of Professional Surplus Lines Offices (NAPSLO) held its mid-year meeting Feb. 24-27 in San Antonio, Texas—the largest such meeting in the history of the association. Originally scheduled for last September, NAPSLO’s Annual Convention was canceled after the …

The Ocean Marine Market: A Unique Animal

Like life itself, insurance began in the ocean, eventually spawning the various land-based descendants we’ve come to know. While those terrestrial variants-auto, homeowners, commercial liability, among others-now comprise our notion of what the industry is all about, their single ancestor, …

ChoicePoint Stops Data Mining at IIAA’s Behest

After meeting with representatives of the Independent Insurance Agents of America (IIAA), Alpharetta, Ga.-based ChoicePoint Inc., a credit scoring and consumer-lead generation service provider, agreed to stop selling data related to certain independent agency and broker insurance transactions. Debra Perkins, …

Before & NAFTA: Open Borders, Long Term Effects on Long-Haul Trucking

Now that Congress and the Bush administration have struck a deal to pave the way for NAFTA trucking provisions—which the U.S. had been found to be violating for most of last year—the task of actually implementing these provisions looms, and …

ChoicePoint Stops Data Mining

After meeting with representatives of the Independent Insurance Agents of America (IIAA), Alpharetta, Ga.-based ChoicePoint Inc., a credit scoring and consumer-lead generation service provider, agreed to stop selling data related to certain independent agency and broker insurance transactions. Debra Perkins, …