Following is ACIC’s weekly update on legislative action taken on insurance-related bills last week and the measures scheduled for consideration in the future. Note: Legislature begins its month-long summer recess July 15. Legislative action last week and ACIC’s positions Senate …
The American Agents Alliance has filed two briefs with the California Supreme Court in an attempt to protect insurance producers from fallout resulting from a recent Appellate Court ruling. On June 30 the state Supreme Court announced it is extending …
Hancock Bank, J. Everett Eaves Gulfport, Miss.-based Hancock Bank, announced the closing of its acquisition of one of New Orleans’ oldest property and casualty insurance agencies, J. Everett Eaves Inc. (JEE). Officials representing Hancock and JEE signed an agreement for …
The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its recommendation to oppose the renewal of the Terrorism Risk Insurance Act by Congress in its current form. TRIA is set to sunset …
The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard” markets shed their underpriced business–along with much …
The American Agents Alliance’s Conference and Expo 2005 promises to be one of California’s largest industry events, with more than 1,500 agents expected to attend and participate at the Renaissance Esmeralda in Indian Wells from Sept. 28 — Oct. 2. …
The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current form. TRIA is set to sunset on …
State Fund Withdraws Plans for Home Office Expansion California’s State Compensation Insurance Fund has announced it has decided to not move forward with the plans for the construction of a new office building adjacent to its headquarters at 1275 Market …
Many of our allies in the fight against the Garamendi Agenda were puzzled by IBA West General Counsel Steve Young’s open hostility toward the Western Insurance Agents Association’s “Line In The Sand” campaign on full display in Insurance Journal’s June …
Working With Your E&S Wholesaler: Be Nice You’ll Need Them Again! The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the …
