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New Remote Staffing Firm for Insurance Agencies Launched

A new company that offers domestic, remote staffing services for insurance agencies and brokerages has opened in New York. Work At Home Vintage Employees (WAHVE) says its business model is to employ skilled insurance industry retirees located throughout the United …

Aon Benfield Report Identifies ‘Mega-Earthquake’ ‘Hotspots

Aon Benfield has published a new report – “When The Earth Moves: Mega-Earthquakes To Come?” – in conjunction with the Aon Benfield UCL Hazard Research Centre. The report was prompted by the recent earthquake in Chile. It identifies the “Caribbean, …

Island Insurance Appoints Kim Agency Partners Program Manager

Honolulu-based Island Insurance Co. Ltd., has appointed Nova Kim as Agency Partners Program manager. In this newly created position, Kim will be responsible for the company’s Agency Partners Program (APP), which includes training and educational programs for APP participants, in …

Marsh Report Examines Need for Innovation in Captives

A report from Marsh’s London office examines the changing need and conditions affecting captive insurance companies. Marsh said the report – Single Parent Captive Benchmarking: Capital and Collateral, examines how “owners of captive insurance companies are tapping into surplus funds …

Insurance Professionals of Santa Barbara Elects Officers

The Insurance Professionals of Santa Barbara of the National Association of Insurance Women (International) elected its officers for the 2010-2011 term, effective July 1. The officers are: President Jillian Knight of Westcap Insurance Services Inc.; Vice President Cynthia Acosta of …

AIG’s Shares Boosted by AIA Optimism

Shares of American International Group Inc rose 6 percent Monday, and one analyst said the stock may be getting a boost from optimism the bailed-out insurer would be able to monetize its Asian life unit and pay back taxpayers. A …

Montoya Appointed New Mexico Acting Superintendent of Insurance

The New Mexico Public Regulation Commission has voted unanimously to appoint Johnny L. Montoya acting superintendent of insurance. Montoya, who will continue to perform the function of interim chief of staff until July 6, takes over the interim superintendent reins …

CNA, SeaPass to Expand On-Line Quoting for Small Business Partners

CNA insurance companies recently formalized its relationship with SeaPass Solutions, Inc. to support the expansion of on-line quoting resources for its small business agents and brokers. Through the SeaPass Hub platform, a comparative commercial lines quoting tool, CNA’s distribution partners …

Commercial Insurance Prices Stay Level for 5th Straight Quarter

A fragile global economy, excess capacity in virtually every line of commercial insurance and last year’s below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010. This marks the fifth consecutive quarter of little …

MMIC to Offer Crisis Management Services to Policyholders

MMIC Group, a Midwest provider of medical professional liability insurance to physicians, hospitals and clinics, announces today its affiliation with Rotenberg Associates LLC, a Minneapolis-based strategic communications firm specializing in crisis and critical issues strategy and communications. Through this association, …

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