Louisiana Insurance Department Launches New Online Rate Comparisons

December 21, 2012Email ThisPrintNewslettersTweetArticleComments

Insurance Commissioner Jim Donelon says his department’s new online system will make it easier for Louisiana residents to shop for the best insurance rates in their cities.

The auto insurance guide launched Dec. 17 compares quotes for a 2004, 2007 or 2010 Toyota Camry driven by people of different ages, with different driving records. The homeowners’ guide compares quotes for a brick house that’s less than one year old or 5, 15 or 25 years old, at varying levels of coverage.

Take a 25-year-old house with $75,000 in building coverage, $37,500 for contents, a 2 percent hurricane deductible and a $500 deductible for all other peril. The 46 quotes for New Orleans, range from $596 to $3,370, with only four below $1,000. In Shreveport, 45 quotes for that scenario went from $466 to $1,184, with only five for more than $900.

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Insurance Noodle Expands Online Quoting Platform for Personal Lines Business

October 4, 2012Email ThisPrintNewslettersTweetArticleComments

Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings plc has launched its immediate personal lines quoting hub.  Expanding on the functionality of the company’s commercial lines quoting hub, the offering allows insurance agents to login and complete an online application to get real-time quotes for home and auto risks in 38 states.  The quoting hub connects member agents to products from personal lines carriers.  Currently, five top insurance carriers offer quotes via the hub, with additional carriers coming on in the next few months.

Insurance Noodle is the distribution vehicle for the Willis Commercial Network North America, which provides products and services to small insurance agents and brokers nationwide.

The personal lines automated quoting platform has been pilot tested by existing members since July, with nearly 1,000 members adopting the platform within the first month.  It is now being offered for widespread distribution to small agencies across the country.  While available carriers vary by state, the platform delivers at least two options (on personal lines) for most locations.

The Insurance Noodle platform also provides agents with a database of their Insurance Noodle book of business.  All client records, quotes and policies from all carriers are stored in the member’s profile on the Insurance Noodle website. Agents can quote, bind, service, and renew business, all online. More enhancements to the network are in development.

Email ThisPrintNewslettersTweetCategories: National NewsTopics: Markets/Coverages, online broker, online sales, Personal LinesHave a hot lead? Email us at newsdesk

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New Law Criminalizing Online Student Speech Takes Effect Dec. 1

Share PrintEmailFacebookTwitterShareBookmark & ShareXGoogleDeliciousDiggRedditStumbleUponTechnoratiCurrentPermalink November 28, 2012

ACLU-NC Says the First-in-the-Nation Law is Misguided and Chills Free Speech; Group Calls on Students Charged Under the Law to Contact ACLU-NC Office

FOR IMMEDIATE RELEASE
CONTACT: (212) 549-2666; media

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Insurance Industry Group Hosts Online Political Summit Friday

April 12, 2012Email ThisPrintNewslettersTweetArticleComments

An industry association is holding an online political summit to bring brokers and agents up to speed on political activities and new laws, along with lessons on lobbying, on Friday.

IBA West is hosting a

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Online shopping delivers greater retailer risk

The growth in internet shopping brings new risks for retailers, but cyber and payment fraud insurance can protect companies during critical trading periods like Christmas

Millions of us have been flocking to high streets and shopping centres over the last few weeks, but an increasing number are choosing to shop from the comfort of their homes

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