Houston-based HCC Insurance Holdings Inc. announced that Scott W. Wise has resigned from the company’s board of directors. The resignation is effective immediately. Wise’s decision was based on his acceptance of a new position of employment. Wise has served as …
Prices are improving in the California workers’ compensation insurance market — at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …
Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue source. Willis has launched an Internet campaign, dubbed …
Demotech Inc. Reveals Leading Multi-State P/C Carriers The original criteria and objective definition for Super Regional P/C Insurers™ was established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of …
Having met the management of many managing general agencies (MGA), and managing general underwriters (MGU), I have been somewhat surprised by their perspective on their errors and omissions (E&O) claim potential. Some have recognized the issues that could lead to …
When 10 percent of an organization’s entire workforce resigns in one day, the fallout can be devastating. That’s exactly what happened to CRC Insurance Services Inc. (CRC) – one of the largest wholesale insurance brokers in the United States – …
How Not to Screw Up in 140 Characters or Less Twitter (www.twitter.com) is the absolute easiest to use of today’s social networking tools. Just like a freshly hatched songbird, all you have to do is open a free account and …
Coverage, Underwriting Knowledge Have Become More Powerful Tools in Today’s Market When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable …
AAMGA’s Rothert Says Opportunities for New Business on the Horizon Managing general agents have a positive attitude about what’s to come in the next year. The soft market and recession forced many MGAs to get better at what they do, …
Making Communication and Motivation Work in Tough Times Increased scrutiny, fueled by the financial industry’s fallout, has led to a great deal of miscommunication surrounding insurance companies and agencies. In tough economic environments, too many leaders focus on what stops …
