Distribution

SALT LAKE CITY, UT--- A single point of entry for access to insurance information, services and tools for consumers, regulators and industry will be available on March 16 through the National Portal for Insurance Regulatory Information on the National Association of Insurance Commissioners' (NAIC) Web site at www.naic.org.The NAIC's Information Resources Management (H) Committee began demonstrations of the National Portal search engine at the NAIC Spring National Meeting in Salt Lake City.

Warren, NJ--The Chubb Group of Insurance Companies has redesigned its Web site, www.chubb.com, to make it easier to do business with the insurer and help increase agent productivity. The upgraded Web site features new content, easy-to-use navigation, a simplified design and direct access for agents to @chubb, a secure Internet platform. "The clean, information-focused site will enable agents and brokers, customers, investors and journalists to quickly find the information they need," said Scott Wickstrom, Chubb's e-business manager.

SEATTLE, WA-- Only Financial Group (OFG), a national Insurance Brokerage and Lead Generation company has announced the launch of OFG Agent Web Sites for its nationwide network of OFG member agents and brokerages. OFG's new Agent Web Sites provide life insurance agents and brokerages across the country with a customized Web site that boosts new business and streamlines the sales and marketing process. Agents who use an OFG Web Site can:

WESTBOROUGH, Mass.--OneShield, Inc. and NetRate Systems are collaborating to address the rating system needs of small to mid-sized insurance carriers. The companies remain separate organizations but have agreed to combine efforts to address the needs of insurance carriers who want a tools-based configurable architecture provided by OneShield along with dedicated resources having over 25 years in the rating engine business offered by NetRate.

WASHINGTON, D.C.--The Independent Insurance Agents & Brokers of America, the nation's largest agents and brokers group, is pleased with the much-improved producer compensation disclosure model approved Saturday by the National Conference of Insurance Legislators (NCOIL) at its spring meeting in Hilton Head, S.C. The NCOIL model is a disclosure-oriented proposal that relies on and does not conflict with the regulatory framework endorsed by the National Association of Insurance Commissioners (NAIC), but significantly improves on the NAIC model by focusing the scope of the new disclosure and acknowledgement provisions on those producers and transactions where there is a potential conflict of interest.

CHICAGO, March 4-- Aon Corporation has reached a comprehensive agreement with five agencies in three states to settle investigations relating to contingent commissions and other business practices that may have created actual or potential conflicts of interest. Parties involved in the settlement, in which Aon admits no wrongdoing or liability, include the attorneys general of New York, Illinois and Connecticut as well as the insurance departments of New York and Illinois. The settlement involves no fines or penalties.

Farmers Mutual Protective Association of Texas (RVOS) has selected Duck Creek Technologies' Example Platform for the development of a Web-based quoting and submission system. Future plans include utilizing the Example Platform for the implementation of a complete policy administration system.

Three years ago, The Baltimore Life Insurance Co. implemented an automated sales and underwriting system in conjunction with striking a marketing deal with a large membership organization. The Owings Mills, Md.-based carrier believed the affinity deal could drive unprecedented new premium growth for its death benefit products through a concerted campaign of television ads and mailers."It was a significant opportunity," says Garry Voith, Baltimore Life's assistant vice president and director of distribution technology and marketing.

When Citicorp and Travelers Group merged in October 1998, banking and insurance experts universally hailed the deal as the beginning of a new era in financial services in the United States: the one-stop financial superstore.Indeed, given the emergence of technologies that enable companies to slice and dice customer data to pinpoint cross-sell and up-sell opportunities, the Citicorp/Travelers combo was viewed at the time as a powerhouse that would set the stage for similar deals.

It's no surprise that the workers' compensation market has been challenged by a host of issues that have driven costs skyward for carriers and agents. According to the Council of Insurance Agents and Brokers (CIAB), Washington, D.C., commercial property/casualty insurance premiums continued to decline significantly during third quarter 2004.