The Insurance Exchange is an innovative new business and renewal submission placement platform that enhances the flow of application data between insurance agents, brokers and carriers.
Members of the Senate Homeland Security and Governmental Affairs Committee sent a letter to the director of the U.S. Marshals Service, asking for an explanation about the storage of images from whole-body scanning machines.
The ongoing struggle to preserve maximum underwriting freedom for insurers continues, with approximately 16 states (to date) considering new legislation to prohibit insures' consideration of consumer credit information.
In the early 1990s I was scratching out a living as an underwriting manager when my phone rang with one of the most asked questions in our industry: "What does my credit score have to do with my car insurance rates?"
Insurance mergers and acquisitions may be down and out, but they're not dead. New independent agency and private equity-funded buyers drove the deals, especially in the second half of 2009.