Despite soft market conditions and a downturn in the economy, it’s still a good time to be an agent, says Leonard Brevik, president and CEO of National Association of Professional Insurance Agents. “There are a lot of opportunities (for agents) …
Rating the degree of risk for a movie runs the gamut, says Wendy Diaz, directory of underwriting for Fireman’s Fund entertainment division. “It just depends on the film and the details of the film,” Diaz explained. The most risky film …
Agents writing residential contractors feel recession first; manufacturing, retail segments follow Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market. The soft market coinciding …
Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared to 2006, while half of all agencies reported that salaries stayed the same in 2007 compared to 2006. Of those agencies that did offer …
Not many independent insurance agents can claim the title of a Golden Agent, or those with close to 50 years experience under their belt. But those who can have a few secrets to their success. Golden Agents share a passion …
Agency Salary Survey: Survey reveals fewer pay raises in 2007 but most agencies’ salaries hold firm Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared to 2006, while half of all agencies reported …
Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms of the transaction were not disclosed. Tennant Risk Services specializes in errors and omissions, directors and …
For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving and thriving in the soft market. The answer to growth in a soft market is simple, says Alan …
E&S brokers seek new ways to grow, prosper in today’s changing market For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving and thriving in the soft market. …
Passage of federal terrorism insurance extension buys another seven years for industry to find a long-term solution Many in the insurance industry breathed a cool sigh of relief when just five days before the Terrorism Risk Insurance Act was set …
