Today's Headlines National The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S.... Ambac Financial Group Inc., which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for... Insurance broker Marsh's revenue in the third quarter of 2010 rose 9 percent to $1.1 billion. Marsh's revenue growth in the United States /... Atlanta-based Ebix, Inc., which sells software and e-commerce services to the insurance industry, today reported record financial results... A.M. Best Co. has commented that the financial strength rating (FSR) of 'A+' (Superior) and issuer credit ratings (ICR) of "aa-" of Erie... Capson Physicians Insurance Co. (Capson), a new online medical malpractice insurance provider, has expanded its services to Texas, Kentucky... Zurich in North America has formed a new relationship with wholesale broker AmWINS Group Benefits (AmWINS). This is the second relationship... Mary Frances Miller, a consulting actuary with Select Actuarial Services in Nashville, Tenn., is the new president of the American Academy... AIG has named Sid Sankaran as senior vice president, chief risk officer. He succeeds Robert Lewis, who last month announced that he would... The federal government's crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in...  East New York regulators have finalized guidelines for how agents and brokers are to reveal to clients their commissions, but at least one trade... Thousands of laborers, police officers and firefighters suing New York City over their exposure to toxic World Trade Center dust have until... Specialty insurer Torus appointed Catherine Miller to head of E&S General Property. Based in Jersey City, Miller will manage general... Midwest North Dakota Insurance Commissioner Adam Hamm has revoked the licenses of two insurance agents. Hamm has barred a Fargo insurance agent... First Professionals Insurance Co., Inc. (First Professionals) recently submitted a proposed medical professional liability rate and rule... Maximum Independent Brokerage LLC, a Chicago-based excess and surplus lines wholesale brokerage, announced it is hiring the entire team of... Bobette L. Puckett has been appointed president of Alper Services LLC, a Chicago-based insurance services company. Puckett, who will also...  Southeast Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida's insurance marketplace without... Average medical costs per workers' compensation claim in Tennessee stabilized at pre-fee schedule levels after the state introduced medical... Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has... Mackenzie Leake put off learning to drive for almost a year longer than most of her friends. It was out of a sense of... Texas / South Central Insurance rates for high-risk drivers insured through the Texas Automobile Insurance Plan Association (TAIPA) will decrease overall by 7.6... In Rapides Parish, Louisiana, officials know they have a problem with abandoned, rundown properties. That poses another problem: what to do...  West California's State Compensation Insurance Fund announced it has revised its broker of record policy, as well as filed for a 5.2 percent... In the ever controversial topic of workers' compensation insurance in California, State Compensation Insurance Fund President and CEO Tom... Washington State Insurance Commissioner Mike Kreidler has issued an order to suspend the insurance certificates of six Chubb & Son... ISU International has announced that ISU Good Friend Insurance Services has joined the ISU Network. ISU Good Friend Insurance Services was... Pasadena, Calif.-based Bolton & Co. announced that Arturo A. Gomez has joined the firm as assistant vice president. Arturo is the... The American Academy of Actuaries has honored Sheldon Summers with the 2010 Robert J. Myers Award for Public Service. Summers received the... Island Insurance Co. Ltd., Hawaii's largest locally owned and managed property and casualty insurance carrier, has expanded its current... International In its presentation at the 17th General Insurance Seminar at the Gold Coast in Australia, Aon Benfield highlighted the critical role of... Ireland unveiled a new corporate governance code for banks and insurers on Monday to bring 'fresh blood' into boardrooms and prevent a... Marsh announced that it has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB), "the only international broker... Munich Re announced that it is raising its profit forecast for 2010, as a result of "a profit of €1.955 billion [$2.72 billion] for the... American International Group is expected to sell its Asian real estate business to Invesco Ltd later this month, a source said on... Zurich Financial Services Group announced that it has exercised its option to early redeem $1 billion of subordinated debt. The securities... A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of 'A+' (Superior) and issuer credit rating of... Sponsored Content Los Angeles, CA - 9 November 2010 - Thomas E. Smith has joined Sullivan Brokers Wholesale Insurance Services as President effective November... Insurance Journal Blogs This October marks my 31st anniversary in the insurance industry. Many things have changed since my first insurance sale. Initially, my... I have worked with a number of individuals who are great entrepreneurs whose companies have grown rapidly and out-of-control. It is so very... 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New Discussions in the Forums Average premium volume Posted: Mon Nov 8 -- I would agree. In Tier 3 markets - such as the one you are in currently, the average tends to be about $1M of premium written per year, or... Rainmaker Mobile Acords - Survey Posted: Mon Nov 8 -- I am in a process of developing Acord forms 25 & 27 for iphones and Android phones. Users will have a lot of useful features including:... edmundich umbrella underlying limits Posted: Mon Nov 8 -- If I am the retail agent, I will write a letter to my client to explain what would happen if an underlying policy is cancelled. The... mccluney Done with CPCU 510 & 540, which one next??? Posted: Mon Nov 8 -- I purchased KEIR for my first exam, started reviewing it, and decided that I didn't need Keir providing alternate definitions for the terms... bwjames State Farm Commission Structure Posted: Sun Nov 7 -- You guys hijacked my thread. at least answer me this, How does their bonus program work. I heard something to the tune of 11k per month from... JAM Agency Management System Posted: Fri Nov 5 -- There is not a "Best Agency Management System." But there is a best system for your agency. I have helped many agencies go through the... SteveAnderson | Current Issue Focus on Professional Liability/PLUS; Habitational/Dwellings; Agents E&O Survey November 1, 2010 How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. |
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