Agents & Brokers News

Crump Promotes Heuer to VP, National Agency Relations

Mark Heuer has been promoted to vice president – national agency relations for Crump Insurance Services Inc. In this position, Heuer will work with larger retail agents helping to match resources, teams and expertise. He will also work with carriers …

Arthur J. Gallagher Appoints Three to Corporate VP Positions

Arthur J. Gallagher & Co. (AJG) appointed Norbert Chung, John Neumaier and William Ziebell to the positions of corporate vice presidents. Chung joined AJG in 1995 and has spent most of his 23-year career in the retirement and health and …

Willis Launches All Risk Cover for Company Directors

Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All Risk Cover. Coverage is obtained through FINEX Global, a part of Willis …

Why Bragging May Create a Greater Legal Duty of Care

It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and …

Submit Today: Top 100 Independent Insurance Agencies

Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent …

Agents View Carrier Consistency of Product, Price Critical in Relationship

Nearly half of independent insurance agents and brokers believe it is most important to their carrier relationships that companies are consistent in product and pricing in the marketplace, a new study co-sponsored by Insurance Journal shows. That consistency is the …

Hub International Acquires Two Agencies

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 …

Small Business Owners Concerned Over Taxes, Healthcare Issues

Tax-related regulations and concerns over health care burden many small business owners today. Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health insurance mandates challenging, according to the Travelers Institute’s …

Survey: Commercial Lines Prices Fall 3% in Q1

Commercial property/casualty pricing declined again with an average decline 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down. The market showed signs that the commercial …

The Future of the Independent Agency (Has Nothing to Do with Age)

For the last 20 years, at least, consultants, associations and publications have been worrying about the future of the independent agency system because the average age of agency owners has been in the late 50s. The same happens to be …