Monthly Archives: <span>February 2009</span>

Budget-Friendly Ideas to Retain Your Top Performers

Career Development, Mentors and Flexible Schedules Help Keep A-Level Talent The current economy is causing many changes within the employment marketplace. Increased employee concerns and lowered morale are just a few reasons organizations should place greater focus on their retention …

Retail Marine Business Meet Darwinism in 2009 – The Strong Do Survive

5 Possible Solutions to Today’s Challenging Times The year 2009 has begun and our nation’s business communities have their backs against the wall. No segment of the economy is without its worries and perils. Daily the mass populous decides how …

Valuing the Deal: It’s What You Keep That Matters

We talk with clients all the time about the mergers and acquisitions (M&A) marketplace, advising owners on positioning their businesses for the best exit whether they are three months or three years away from transitioning out. Once fit has been …

Hope, Straight Talk and Despair Amid the Ruins

Obama to the Rescue; Hartwig on the Banks; Davos Devotees Duck Blame for instigating the current economic mess starts with the banks. Munich Re’s recent webinar gave Dr. Robert P. Hartwig, president of the Insurance Information Institute, a chance to …

Who’s Worth What?

Agency Salary Survey: Agencies Trim Payrolls and Raises Independent insurance agencies remain reliable employers even in these rocky economic times, but even they have to cut back occasionally. Whether due to efficiencies from technology, the lingering soft market, the continuing …

Top 5 Insurance Issues for Farmers in a Soft Economy

Review Exposures, Values and Maximize Insurance Value to Ensure Satisfied Farm Customers Thanks in part to commodity prices that are still higher than average and, thankfully, less volatile than in 2008, the agricultural economy has not yet felt the same …

The Relative Calm

At New York Forum, Industry Insiders Credit Risk Management for Minimizing Recession’s Impact To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third …

Utah Considers Cell Phone Ban on Texting, E-Mail While Driving

The Utah Legislature is considering a bill that would prohibit a person from using a wireless communication device for texting messages or e-mailing while operating a motor vehicle, among other acts. Additionally, HB 281, which is being evaluated by the …

People

American International Group (AIG) named Peter Eastwood president and CEO of Lexington Insurance Co., a unit of AIG Commercial Insurance. Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who has left the company. Eastwood joined AIG in 1991 …

It Figures

5.4% The average decrease the Automobile Club of Southern California customers will receive for auto insurance policies beginning on April 1, 2009. The company announced it would be implementing a $101 million rate reduction for insurance policyholders in California. The …