Newsbriefs

Rates Surge Last Quarter

Commercial insurance premium rates surged forward last quarter with double digit increases in the five property/casualty lines, according the Council...

NAAA to Discuss Commissions

The National Auto Agents Alliance (NAAA), which had announced plans to file suit against several insurance companies that had been...

Homeowners Underinsured by 60%

A recent Hiscox study reveals that most high value homeowners have little idea of the true value of their home...

NEW PARTNERSHIP FOR W/C

Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership...

ST. PAUL BUYS LONDON GUARANTEE

The St. Paul Companies finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is...

INSURERS PAYING POT CLAIMS

According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose...

CONNING STUDIES CREDIT SCORING

Auto insurers believe that including credit scores as part of a driver’s overall risk profile allows them to underwrite and...

NO NEGLIGENCE FOR NONINSURED

The California Court of Appeal has affirmed a ruling that a person not covered by an insurance policy cannot sue...

MORE AFTER-MARKET PARTS

The Nevada Division of Insurance’s 2001 Auto Body Survey shows that more of the state’s auto shops are using after-market...

SENATIVE OKS NAFTA FUNDS

The NAII said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North...

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