Risk Specialists Companies Inc., a member company of New York-based American International Group Inc., said it acquired Guild Underwriters Napa Inc. and its affiliated companies. Terms of the deal wer
"These ratings actions reflect Meadowbrook's continued excellent underwriting, consistent operating improvements, solid capitalization and management's expertise in the alternative risk market," the a
As a result, the OIR said it will propos a measure that will permit the use of such factors in underwriting and rating only if the carriers can prove it does not disproportionately impact consumers ba
As a result, the OIR said it will propose a measure that will permit the use of such factors in underwriting and rating only if the carrier can prove it does not disproportionately impact consumers ba
"We urge South Carolina to act cautiously and carefully examine all the available options to opening markets which will encourage and attract capital," said Donald Griffin, PCI vice president for pers
Here's a different spin on the old joke that on the Internet no one knows you're a dog: "On the Internet, no one knows you are a $100 million carrier," says Matt Josefowicz, group manager of Celent's
In January, the Florida Association of Insurance Agents (FAIA) compiled a list of the state's admitted personal lines carriers and their commission percentages. The commissions ranged from a low of
(The following article was derived from Ms. Bates' presentation at the 2006 ASCNet "TENcon" annual meeting, which was held in September in Dallas.) Your agency's mission should be to become not only a profitable but
An agency recently purchased another for far more than it was worth. My attempt to talk the buyer out of paying so much failed. The "logic" expressed was: "By combining operations, I can eliminate two CSRs, 100% of the seller's rent and other
Vital Forsikring, a Norwegian life and pension insurance company, has renewed its IT services agreement with Computer Sciences Corp. (CSC), which estimates the value of the five-year contract to be ap