The American Association of Managing General Agents Opens the Door for Smaller Members Sometimes bigger is not always better. Large wholesale organizations have a place in the market, but smaller and often family-owned managing general agencies (MGA) also have a …
Hub International Limited has acquired the assets of Lawson-Hawks Insurance Agency Inc. (LHI), a Mountain View, Calif.-based insurance brokerage firm, and Mark Tauber Insurance Brokerage Inc., a Brooklyn, New York-based commercial insurance brokerage firm. Terms of the acquisitions were not …
Shares in bailed-out insurer American International Group fell to their lowest levels in nearly eight months Monday, potentially moving them into loss-making territory for the U.S. Treasury. The Treasury holds 92.11 percent of AIG and has a break-even point of …
American International Group posted a loss from continuing operations in the first quarter as it recorded a charge of more than $3 billion related to its recapitalization and termination of its credit facility from the Federal Reserve. For the first …
More than a quarter of large U.S. based businesses are experiencing disruptions to their supply chains or contingent business interruptions as a result of the March earthquake in Japan, says a new report. A new Greenwich Market Pulse study says …
Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local towns folk about personal relationships, local business, current events, and of …
Agency Salary Survey Reveals Frozen Salaries; Experts Say Time Is Right to Evaluate Compensation Any business owner knows that a great employee is worth a lot. That holds true for independent insurance agencies when it comes to great producers and …
The majority of agents and brokers today worry about how to perpetuate their firm to future owners, yet few agency owners report having a perpetuation plan in place. New findings in the forthcoming survey “2011 Survey of Agent-Carrier Relationships,” by …
Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local towns folk about personal …
Don’t miss your opportunity to participate in Insurance Journal’s 2011 Agency Salary Survey. Once again, the survey will ask insurance agents and brokers nationwide who’s worth what in the independent agency system. The 2011 Agency Salary Survey results will be …
