Newsbriefs

IIAT Handbook Available Online

The Austin-based Independent Insurance Agents of Texas (IIAT) has made its Texas Insurance Agents Handbook available online through its InfoCentral...

TDI Certifies NTIA Salvage Class

The North Texas Insurance Auction (NTIA) is now offering a first-of-its-kind “Texas Salvages Title” class, recently accredited by the Texas...

GREENBERG JOINS ACE

Bermuda’s ACE Limited announced that Evan G. Greenberg will join the ACE Group as vice chairman, and will become the...

WHITE MTNS. ESTABLISHES REINSURER

Bermuda-based White Mountains Insurance Group joined the race for new reinsurance capacity with the announcement that it would establish a...

LLOYD’S AGREES ON FUNDS

Lloyd’s of London reached an agreement with the New York Insurance Department in conjunction with the National Association of Insurance...

NAII PUSHES FOR MODERNIZATION

The National Association of Independent Insurers (NAII) is urging the National Conference of State Legislatures (NCSL) to support a model...

ACE USA ASKS FOR EXCLUSION

Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies...

ALLIANCE STUDY FINDS EXTRA COSTS

Rebuilding an automobile from the ground up using car company crash parts costs more than four times the car’s original...

CALIF. IMPLEMENTS FRAUD SYSTEM

Commissioner Low announced the implementation of the Fraud Integrated Database System (FIDB), aimed at streamlining the investigative process and improving...

NAIC ADOPTS RE MODEL ACT

The National Association of Insurance Commissioners recently adopted the Special Purpose Reinsurance Vehicle (SPRV) Model Act. The act will provide...

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