Monthly Archives: <span>September 2010</span>

Heart of the Matter

The Best Agencies to Work for in 2010 do not all look or act alike. They are of different shapes and sizes and they serve different markets. They offer different programs and benefits. They support different community activities. The Best …

Pennsylvania Ponders Increased Auto Liability Limits

A new bill introduced to the Pennsylvania senate would double the minimum liability amounts of auto insurance policies in the state. Current laws set minimum liability limits for bodily injury at $15,000 per person and $30,000 for a group of …

Fireman’s Fund Ready to Rally

Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But in an exclusive mid-year market update, company President and CEO Mike LaRocco said he’s “very bullish” about …

Early frost. It’s time to hunt, harvest and sow

This weekend in Minnesota, the woods had a telling tinge of the coming brilliant reds and golds of autumn. The sun pitched its rays at a slightly longer angle, hinting at the passing of yet another short summer. Saturday morning, …

Willis Research Network to Assess Impact of ‘Extreme Events’

Willis Group Holdings announced that its research network partner (WRN – www.willisresearchnetwork.com), a collaboration between academia, industry and government, “is marshalling the expertise of its international membership base to assess the physical, strategic, operational, and financial risks posed by extreme …

Best Issues Special Report on China: ‘A Dangerous Wind or An Opportunity?’

The Chinese insurance and reinsurance market is “well positioned to continue to grow and is entering a new stage in its development,” according to a new report reveals from A.M. Best. Best said its analysis of the world’s seventh-largest insurance …

Broker MDS Holdings Acquires Quorum Saude

Iberian and Latin American broker MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência and has appointed its founder Hélio Novaes as CEO of its Brazilian operations. “Quorum is a well known multi-line broker in the Brazilian market with …

Typhoon Fanapi Crosses Southern Taiwan; Flooding is Main Concern

Catastrophe risk modeling firm AIR Worldwide reports that Typhoon Fanapi made landfall on the east coast of Taiwan on Sunday morning, September 19 (0:00 UTC). The storm, which had been a Category 3 typhoon for several days, weakened slightly just …

IIAT Launches New Agency Toolkit to Help Agents Go Independent

The Independent Insurance Agents of Texas (IIAT) has launched a free online New Agency Toolkit designed to educate and assist insurance agents who are in the process of starting an independent agency. Available to the public at iiat.org, the toolkit …

Texas Associates Insurors Selected for Best Practices Study

Texas Associates Insurors, based in Austin, Texas, has been selected for inclusion in the Independent Insurance Agents & Brokers of America (Big “I”) “Best Practices” Study Group. Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, …