G&M Marine Inc., a 36-year-old marine insurance managing general agent headquartered in New Orleans, La., has established a branch office in Houston. The office opened Feb. 5. G&M Marine also announced that it has hired underwriters Bill Fehlis as a …
Argonaut Group Inc. is relocating its corporate headquarters to San Antonio as a cost-cutting measure, and creating about 80 new jobs at the new base. The company plans to leave its home base in Menlo Park, Calif., by April and …
The seminar I was attending was “Low Cost Automation Solutions for Small Agencies”, but it might as well have been entitled “Agency Owners: Get Your Butts in Gear.” The self-help session, held as part of IIAT’s Joe Vincent Management Seminar …
You may have heard the expression “Time is Money.” This adage is very appropriate for the life of a professional salesperson. There are many tasks that are required of a professional but there are only 24 hours in a day. …
In specifying, arranging for and renewing insurance policies, it is customary in the industry for agents to use a kind of shorthand. It is also customary for agents to rely upon manuals provided to them by insurers. A case decided …
Contractors and operation managers run a risky business. One area that is often overlooked is equipment security. Theft, vandalism or malicious mischief represent more than one-third of all losses to contractors’ equipment. Fire damage represents the second highest dollar loss …
The long awaited hardening of reinsurance rates may finally be occurring, as companies reassess their capacity commitments and take a more critical look at their risk exposures, particularly concerning natural catastrophes. “Where there’s loss activity, you’ll certainly see rate raises,” …
The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to pinpoint. …
The Texas House of Represen-tatives’ Committee on Insurance kicked off its first meeting of the 77th Legislative Session Feb. 12 by reviewing 10 of 12 bills brought before it. An underlying theme of discrimination permeated the committee’s discussions. The first …
In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The problem is significant enough that Nationwide …
