You are here:HomeNews CenterInsurance News

Insurance News

Announcement by Sen. Schumer May Clear Path for Spitzer Run for NY Governor

(11/17/2004) There has been widespread speculation that New York State Attorney General Eliot Spitzer may run for governor of New York. If he does, there... full story

PIA Continues to Press to Remove Adjuster Requirement from Model

(11/15/2004) On Tuesday, November 16, 2004, the NAIC's Producer Licensing Working Group will hold a conference call on the Public Adjuster Licensing Model Act as a... full story

PIAPAC Congratulates the Oregon/Idaho Board of Directors!

(11/09/2004) The directors of the Oregon/Idaho Board are the latest affiliate board to reach 100% participation in PIA National's Political Action Committee, PIAPAC. All 15... full story

PIA Sponsored Election Night Party a Capitol Success!

(11/09/2004) Election Night 2004 was enjoyed by over 100 Capitol Hill staff and insurance industry friends as hosts PIA and the Council of Insurance Agents and... full story

I.I.I. Says Almost No Correlation Between President's Party and P/C Profitability

(11/02/2004) The Insurance Information Institute is out with a special report that says that historically, there is virtually no correlation between the political affiliatio... full story

PIA Member Severs Ties to Agency to Avoid Any Appearance of Conflict Before Taking Office as Governor of New Jersey

(11/02/2004) A retired federal judge will oversee state PIA member and New Jersey Senate President Richard J. Codey's insurance agency, when Codey takes over as acting... full story

Bank Insurance Sales Up, Growth Rate Down

(10/26/2004) Insurance premiums sold by banks reached an estimated $78.1 billion in 2003, up from $69.5 billion in 2002, according to the seventh annual American Bankers... full story

Veteran Insurance Reporter Manny Levy Joins Rough Notes as Feature Columnist

(10/26/2004) The Rough Notes Company has announced that Emmanuel (Manny) Levy, editor of Insurance Advocate from 1958 until August 2004, has joined Rough Notes magazine as..... full story

NCOIL Calls for Congressional Study of Natural Disaster Fund

(10/13/2004) Steven Geller, President of the National Conference of Insurance Legislators (NCOIL), is calling on Congress to authorize a study that would investigate the pri... full story

Greenberg Gives IBANY CEO Forum an Industry Forecast

(10/13/2004) NEW YORK - Maurice R. Greenberg, chair and chief executive officer of AIG, addressed a crowd of nearly 200 at the Insurance Brokers'... full story

Auto, Workers Comp Top 2004 State Insurance Legislation

(10/03/2004) About 20 percent of state insurance legislation to date in 2004 dealt with the regulation of automobile insurance, according to a new survey by the... full story

NAIC Tells Senate No Need for Federal Regulator

(9/29/2004) On September 22, 2004 the Senate Banking Committee held a hearing entitled "Examination and Oversight of the Condition and Regulation of the Insurance Industry.... full story

Progressive Unveils 'Drive Insurance from Progressive'

(9/29/2004) The Progressive group of insurance companies has announced the launch of a new brand developed expressly for independent agents and brokers: Drive Insurance fro... full story

Iowa Insurance Commissioner Vaughan Resigns Effective December 31

(9/24/2004) State Insurance Commissioner Therese M. Vaughan has resigned effective at the end of the year and will join the faculty at Drake University as a... full story

NCOIL Executive Committee Chair Says Congress Eyeing States' Premium Tax

(9/21/2004) The Chairman of the executive committee of the National Conference of Insurance Legislators (NCOIL), Rep. Brian Kennedy of Rhode Island, is warning state lawmak... full story

NCOIL Says It "Cannot Support" SMART Act

(9/17/2004) The National Conference of Insurance Legislators (NCOIL) has sent a letter to two key members of the U.S. House of Representatives, stating that the group... full story

NAIC Approves State Model Market Conduct Law

(9/17/2004) The National Association of Insurance Commissioners (NAIC) has approved a market-conduct model law developed by state legislators. The model developed by the Na... full story

NAIC Elects New Officers to Fill Gaps Caused by Resignations

(9/17/2004) The National Association of Insurance Commissioners (NAIC) elected a slate of three new officers in interim elections held during the 2004 NAIC Fall National Me... full story

PIA Political Involvement 2004: The Time is Now

(9/10/2004) Robert PageChairman, PIA National Federal Affairs Robert Gyle IIIChairman, PIAPAC Have you ever wondered why many of your colleagues in PIA always seem to... full story

Frances Insured Losses May Be Less Than Charlie's

(9/07/2004) Initial estimates are that insured losses as a result of Hurricane Frances' slow, grinding trek across Florida may be lower that those caused by Hurricane... full story