Articles by caryd

Foreign Insurers Losing Out in China

Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap what was certain to become the world’s next big insurance frontier. A decade on, it is mainly the local insurers …

The 2011 Survey Issue

Together Again: 3-in-1 What are the industry’s young agents thinking? What are typical salaries and benefits in agencies? What issues do agencies have with their errors and omissions (E&O) coverage and carriers? The answers to these and dozens of related …

People

Susan Gropp has been elected president of the Texas Surplus Lines Association Inc. Gropp is executive vice president of Arcana Insurance Services in Dallas. Other newly elected officers include: Vice President Kathy van Eeten, senior vice president — regional marketing, …

Business Moves

Brown & Brown, Excel U/W, Spirit U/W Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer professional liability, …

Business Moves

Bowen, Miclette & Britt; Huckleberry Sibley & Harvey Texas-based insurance broker Bowen, Miclette & Britt Inc. expanded into the Florida market though the acquisition of Huckleberry Sibley & Harvey Insurance & Bonds. The acquired agency, HSH, has a client base …

It Figures

$4.8 Million Salary paid to ex-CEO Ramani Ayer of The Hartford for his final 10 months as chairman and chief executive of the insurer last year, according to an Associated Press analysis. Liam McGee, who took over for Ayer at …

A More Diverse Nation

The U.S. Census Bureau reported that by mid-century, the nation will be far more racially and ethnically diverse than it is today. Minorities currently represent about one-third of the U.S. population and are expected to become the majority in 2042. …