Idaho News

Revolution or Evolution’ The Internet Goes Mainstream

At last, the gap between potential and reality is shrinking as agents explore their online options. The insurance industry is notoriously reluctant to change. So it was little surprise that the Internet—a tool that has the power to introduce cost-saving …

Idaho Committee Approves Bill Restricting Use of Credit-Based Scores

The Idaho House Business Committee approved a bill March 7 prohibiting insurers from charging a higher premium or deciding not to insure a person based primarily on his or her credit rating or history. The bill now is expected to …

American Family Mutual Reports Drop in Net Income

Citing unusually high storm losses, American Family Mutual Insurance Group of Madison, Wis., reported a 58 percent drop in net income for 2001. According to a COMTEX report, the company announced that net income dropped to $100.4 million from $236.7 …

Idaho Committee Passes Credit-Based Score Bill

A state Senate committee recently approved a bill prohibiting insurers from charging a higher premium or deciding not to insure a person based primarily on his or her credit rating or history. In opposing SB 1408, National Association of Independent …

CREDIT SCORING CONSIDERED IN 21 STATES

As of Feb. 12, a total of 21 states had introduced bills that would ban or restrict the use of credit-based insurance scoring according to the National Association of Independent Insurers. State legislatures considering various types of bills related to …

Motorcycles

Nuts & Bolts: Motorcycle Services is offering a new motorcycle program. According to the company, the program is for all types of motorbikes and offers competitive rates, high limits, great commissions and easy, online application and binding. Carrier: Lumbermans. Rated …

Twenty-One States Introduce Bills to Ban, Restrict Use of Credit-Based Scoring

As of Feb. 12, 2002, 21 states have introduced bills that would ban or restrict the use of credit-based insurance scoring according to the National Association of Independent Insurers. On Feb. 13, the Minnesota House Insurance Committee held a hearing …

Mutual of Enumclaw Selects Fair, Isaac Decision System

Fair, Isaac and Company, Inc. a global provider of customer analytics and decision technology, announced that Mutual of Enumclaw Insurance Company, a Seattle-area based insurer with operations in Washington, Oregon and Idaho, has purchased Fair, Isaac Decision System â„¢ software …

InsuranceNoodle Licensed in Wyoming

InsuranceNoodle has signed its 800th “NoodleNetwork” insurance agency partner to quote and bind small commercial insurance business using the e-broker’s proprietary web-based agency technology, and has been licensed in Wyoming, the 46th state in which it is selling small business …

Calif. Won’t Adopt Terror Exclusions

According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11. The Times quoted …