California-based CenCal Insurance Services, known for expertise in non-standard automobile products and services, is expanding operations to include commercial programs and specialty products for business and property owners. According to CenCal president, Manny Kazan, “Expansion into commercial and specialty products …
Okemos, Mich.-based Innovative IT Solutions Inc. launched SIRCON-gov, a next-generation, Web-based regulatory management system that provides state insurance regulators an automated and more efficient way to manage, process and track critical information on agencies and producers at the summer NAIC …
Cincinnati-based American Financial Group Inc. announced today that it has entered into a merger agreement with its subsidiary, American Financial Corporation (AFC), pursuant to previously announced plans to simplify its corporate structure and eliminate AFC’s publicly-traded preferred stock, thus converting …
The Michigan Office of Financial and Insurance Services today released complaint ratios for insurance companies in Michigan—the information is available here. Individual company information is also available by calling OFIS toll free at (877) 999-6442. “The increase in the reported …
Pennsylvania-based InMarket Partners, LLC announced that Scott Stanton has been named a Senior Partner at the strategic insurance communication firm. Stanton comes to InMarket Partners (www.inmarketpartners.com) from AIG and Reliance Standard Life Insurance, and brings more than 10 years of …
There are reportedly many potential benefits for the independent agency system as many carriers begin to “turn off” the paper traditionally sent to agents and replace it with electronic information. However, the ultimate success of this trend is going to …
Folksamerica Reinsurance Company announced that Susan Woods joined the company as senior vice president Corporate Development. Woods most recently was vice president, Corporate Development at OneBeacon Insurance Company. She began her career in 1981 at W. R. Grace & Company. …
The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and competitive insurance marketplace. …
If you could see your agency today with the eyes of tomorrow, what would be the view? Too many agencies have no idea. Caught up in the continuing race to keep up with, if not ahead of, the competition, many …
Today, more and more organizations are changing the way they view and pay their employees. The move is away from the traditional “cost-of-doing-business” concept. Successful businesses are developing creative programs to guide employees to focus on improving business performance and …
