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Tipsord earned the Chartered Life Underwriter (CLU) designation in 1991 and the Chartered Property Casualty Underwriter (CPCU) in 1995. [8] [9] Tipsord was a private practice attorney before becoming an assistant tax counsel for State Farm in 1988.
The State Farm jingle ("Like a good neighbor, State Farm is there") was written by American singer-songwriter Barry Manilow in 1971. A cover was released by Weezer in 2011. [ 27 ] [ 28 ] State Farm's first commercial jingle was created for The Jack Benny Program in the 1960s.
In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
J.B. Penn, Under Secretary for Farm and Foreign Agricultural Services, May 2001 – August 21, 2006 Mark Everett Keenum, Under Secretary for Farm and Foreign Agricultural Services, 2007 – January 20, 2009 Obama administration: James W. Miller, Under Secretary for Farm and Foreign Agricultural Services, April 8, 2009 – January 2011
Solomon Stephen Huebner (March 6, 1882, Manitowoc, Wisconsin – July 17, 1964, Merion, Pennsylvania) was Emeritus Professor of Insurance at the Wharton School of the University of Pennsylvania, Emeritus President of The American College of Life Underwriters, and Emeritus Chairman of the Board of Trustees of the American Institute for Property and Liability Underwriters (now known as the ...
PLUS is recognized in the industry as the primary source of professional liability educational programs and seminars. The Society's comprehensive educational approach includes an annual International Conference, annual symposia, the RPLU designation program, and educational events organized by regional chapters of PLUS, all of which provide educational and networking opportunities.
Twenty AIG subsidiaries are licensed to do business in Pennsylvania, including National Union Fire Insurance Co. in Pittsburgh, believed to be the second largest AIG underwriter in the nation. Other subsidiaries include New Hampshire Insurance, Insurance Company of the State of Pennsylvania, Granite State Insurance and New Hampshire Indemnity. [11]
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