Agents & Brokers News

Westrope Acquires Midwestern General Agency

Wholesale insurance broker Westrope has acquired the assets of Midwestern General Agency, a binding authority and small brokerage operation, based in Kansas City, Mo. Midwestern General has been in business since 1959 and specializes in the small to midsize business …

Ross Joins Gallagher Benefit Services’ Denver Office

Gallagher Benefit Services Inc. of Denver announced that employee benefits expert Dutch Ross has joined the office as a senior client consultant. Ross has been an employee benefits broker and consultant for a more than a decade. He has run …

Insurance Premiums Paid by Texans Dipped Slightly in 2009

The property/casualty insurance industry in Texas experienced a “ho hum” year in 2009 with soft market pricing and a difficult economy taking a toll on written premium, according to a report released by the Independent Insurance Agents of Texas. Total …

Connecticut Insurance Commissioner Resigns

Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed commissioner in 2007 by outgoing Gov. M. Jodi Rell, a Republican. His last day …

Reducing E&O Exposures: What Agents Need to Know

Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly errors and omissions (E&O) claims, according to experts and …

People

Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of IIAG’s for-profit operations and …

Strength and Power

San Francisco’s ISU Group Brings Together Creative Minds to Adapt, Survive and Succeed in Today’s Market In this age of Great Global Recession, collapsing corporations and profligate governments alike have often been proclaimed to be “too big to fail.” Independent …

People

Massachusetts-based Eastern Insurance Group has appointed Matthew Shadrick as executive vice president of its employee benefits division, Eastern Benefits Group. The 20-year industry veteran most recently served as national sales director for the Aon Consulting Human Capital Practice where he …

Reducing E&O Exposures: What Agents Need to Know

Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly errors and omissions (E&O) claims, according to experts and …

Soft Market Persists; Fierce Competition to Continue into 2011: Marsh

Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh. Intense competition and overabundance of capacity continue to define the commercial …