Articles by Kenneth J. St. Onge

Ascinsure: Retailer-Owned Wholesale Broker Rebrands in a Down Market

Trust us. That, in a nutshell, is the underlying message behind a new rebranding campaign for Ascinsure Specialty Risk, the wholesale broker subsidiary of Pittsburgh-based retail brokerage Allied Insurance Brokers. The rebranding includes a name change (it’s pronounced, “uh SIN …

Aon Will Begin Accepting Contingent Commissions Again

Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted – reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In …

Massachusetts Court Changes Slip-and-Fall Liability

In a decision that changes nearly a century’s worth of case law, Massachusetts highest court has ruled that property owners can be held liable for snow-related injuries — regardless of whether plows cleared the snow. For more than 100 years, …

Aon Will Begin Accepting Contingent Commissions Again

Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In a …

Road Tech

Technology – cell phones and texting technologies to be precise – gets a bad rap when it comes to safety while driving. Of course, it’s not the technology that’s unsafe – it’s people. Thus a number of states and the …

Country Sees Growing Power of Hispanic Agents and Customers

Latin Agents Group Launches in New York The growth of the country’s Hispanic population is a hot topic among demographers and marketers – including insurance producers and brokers. As of 2008, the last year for which census data is available, …

Latin Insurance Agent Groups Growing, Going Mainstream

A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. LABA is not the first group geared toward insurance agents with …

Price Scare

Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a recent industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in the first quarter, …

Liberty Mutual Wins Dismissal of Workers’ Comp Claim for Injured Massachusetts Carpenter

Judge: Endorsement Must Be Requested by Insured Liberty Mutual was right to deny workers’ comp benefits for a self-employed carpenter who severely injured his hand, the Massachusetts Appeals Court has ruled. The decision upholds an earlier ruling by an administrative …

New York Looking to Clamp Down on Self-Insured Trusts

New York Gov. David Paterson wants to rein in the use of self-insured trusts in the Empire State, following the recommendation of task force formed in the wake of several high-profile trust collapses over the last several years. The task …