Connecticut News

What Agents Want

Money is the lifeblood of any business. But when it comes to running insurance agencies, money isn’t the main thing that principals look for when they do business with a certain carrier. Claims handling, it turns out, is the truly …

What Agents Want

Money is the lifeblood of any business. But when it comes to running insurance agencies, money isn’t the main thing that principals look for when they do business with a certain carrier. Claims handling, it turns out, is the truly …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

Gays Say Maine Marriage Law Can Be ‘Unbearable’

Diane Sammer and her partner, Pam Dennis, were careful to sign papers giving Sammer power of attorney over Dennis’ affairs. Yet after Dennis died of a heart attack and her body was to be cremated, the undertaker refused to accept …

Business Moves

AIG, AIU American International Group, Inc. (AIG) has taken the first step to position the rebranding of its insurance units as an independent entity, AIU Holdings. AIG has transgered the company to a special purpose vehicle (SPV) in preparation for …

Rader Elected American Association of Insurance Services Chairman

Jack M. Rader, executive vice president and COO of Farmers Alliance Companies in McPherson, Kan., was elected chairman of the American Association of Insurance Services (AAIS) at the association’s annual meeting held in Half Moon Bay, Calif. Rader succeeds James …

Former Gen Re Exec Gets 1-Year Sentence

A former executive at General Re Corp. has been sentenced to a year in prison for his role in a scheme to artificially inflate the stock price of American International Group. Robert D. Graham, 61, was sentenced yesterday by a …

Myrtle Beach Property Owners Add Wildfire to Hurricane Risk

They flock from other states and climes to the coast known as the Grand Strand, first as tourists, and later as residents, captivated by ocean views, rolling green fairways and the relaxed lifestyle. Most knew that an occasional hurricane was …

Vertibrands to Offer MarketStance ExpressReports

Vertibrands, a full-service, insurance marketing communications agency, has partnered with MarketStance to offer analytical data to program administrators, managing general agencies and other intermediaries. Vertibrands will serve as a value-added reseller (VAR) of the MarketStance suite of ExpressReports, and will …

Colwick Joins TD Insurance in Connecticut

Joseph D. Colwick has joined TD Insurance Inc. as an account executive based in Wethersfield, Connecticut. Colwick will be responsible for employee benefits sales to business customers throughout the Nutmeg State. He has 13 years of experience in the insurance …