Newsbriefs

RUSSELL GRACE PASSES AWAY

Russell R. Grace 90, founder and president of Russell Grace Inc. Insurance of Fort Worth died Friday, Sept. 29. A...

BROWN-FBI INQUIRY A SET-UP!

In a one-on-one interview with television reporter Scott Simmons, Louisiana Insurance Commissioner Jim Brown vowed to fight his conviction in...

AGENTSECURE.COM LAUNCHES

AgentSecure.com has launched, providing agents access to carriers CNA, The Hartford, and Zurich. Rural and suburban agents who may not...

REINSURANCE FOR FREMONT GENERAL

Fremont General Corp. entered into an adverse development reinsurance agreement with Fremont Indemnity, a subsidiary of Fremont General, and XL...

PLUS EXPANDS ITS FRONTIERS

The 13th Annual Professional Liability Underwriting Society (PLUS) International Conference will take place Nov. 8-10 in San Antonio, Texas. In...

LOW KNOWS BEST

Newly inaugurated Insurance Commissioner Harry Low announced plans to reorganize the California Department of Insurance (CDI). Low, who has been...

High Roller In Today’s ECONOMY

The insurance industry contributes almost $200 billion to the United States’ gross national product each year, approximately 2.4 percent of...

CALIF. FIGHTS DISASTER INSURANCE

Despite efforts by the Federal Emergency Management Agency (FEMA) and U.S. Senators Christopher Bond of Missouri and James Inhofe of...

SAFECO TAKES ANOTHER HIT

SAFECO will experience higher than expected underwriting losses in its large commercial and homeowners lines, slowing third-quarter profit improvement sharply....

SLAVE INSURANCE PROBES LAUNCHED

A new California law passed this session has given Insurance Commissioner Harry Low the authority to ask all insurers in...

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