Penn National Insurance announced the launch of several new Web-delivered tools and services for its policyholders and agents today, including pay-by-Web and pay-by-phone options. New links labeled “For Policyholders,” are now available on the company’s home page, www.PennNationalInsurance.com. Agents access …
With the Senate not addressing the issue of federal terrorism reinsurance legislation before the end of the year, The Risk and Insurance Management Society Inc. (RIMS) expressed its disappointment. The Jan. 1 renewal date for most property/casualty policies required immediate …
The political stalemate that resulted in Congress’ failure to implement a federal terrorism insurance backstop could stifle an economic recovery and shifts the pressure for handling such risks to state regulators. The federal government’s delay in addressing the issue leaves …
Dearborn Financial Services, a Kaplan Professional Company, has launched its Online Proctoring Support System, a single source for CE training and compliance for licensed insurance professionals. Chicago-based Dearborn said the online proctoring system enables insurance professionals in proctor-mandated states to …
Standard & Poor’s assigned its “BBBpi-” financial strength rating to Rocky Mountain Fire & Casualty Co. The rating reflects the company’s extremely strong capitalization and strong operating performance, offset by its volatile returns and limited market penetration. Based in Seattle, …
InsuranceNoodle announced it has begun selling insurance in Mississippi, Nevada, New Hampshire, North Dakota and Utah. With the addition of these five states, the e-broker is now licensed in 45 states and the District of Columbia and reaches 96 percent …
A hearing officer appointed by the Idaho Department of Insurance (IDI) has rejected a petition to allow competing insurance companies and trade associations to intervene in a license hearing for Advantage Workers Compensation Insurance Company (Advantage). The group seeking to …
A group of private insurers indicated they are supporting a move by the Idaho Department of Insurance to prohibit a subsidiary of the Utah Workers’ Compensation Fund (WCF) from selling insurance in Idaho and, they believe, undermining an already competitive …
Applied Systems® recently announced a recent upward sales trend of a unique application for agents and brokers, InScope™, and the positive effect it is having on its clients and their customers. InScope is a web-based customer self-service interface that allows …
Zurich North America Surety announced its new Notary Bond/Errors & Omissions Package to serve notaries public. The package, distributed through the company’s network of licensed independent agents, combines a notary public bond and an errors & omissions liability policy. The …
