March 25, 2009
Kevin VanDyke and Andy Norman opened their St. Augustine agency around Thanksgiving last year but already they are thinking big. They plan to grow their business in the Jacksonville metropolitan area not just by outselling other agencies but also by …
March 25, 2009
Tennessee: Chattanooga Insurance Agency Having been both a captive agent and a producer in an independent insurance agency, John Witty knows the feeling of bringing in business and being paid well for it. But for him the experience was not …
March 25, 2009
It’s all in the family for Timothy Gaspar and the new Timothy Gaspar Insurance Services in Los Angeles. Gaspar built a book of property/casualty clients with another agency for five years before deciding he wanted to have more control over …
March 25, 2009
Against economic and soft markets odds, independent insurance agents have been starting up new property/casualty agencies from Florida to California and states in-between since 2007. For years, the number of agencies in the country had been declining but that trend, …
March 25, 2009
XL Insurance, the global insurance operations of XL Capital Ltd., announced that it will offer insurance solutions to Upper Middle Market companies in Germany with an annual turnover ranging from approximately €30 million (40.48 million to €300 million ($404.8 million). …
March 24, 2009
Lloyd’s announced an overall profit for 2008 of £1.899 billion ($2.78 billion), a 50 percent drop from the £3.846 billion ($5.64 billion) it posted in 2007, but given current economic conditions, a satisfactory result. Lloyd’s announcement also highlighted the following: …
March 24, 2009
Esurance, a San Francisco-based personal auto insurance direct writer, has taken preliminary steps to obtain a license to sell auto insurance in Massachusetts — although the company says it has no immediate plans to enter the Bay State market. According …
March 24, 2009
The new head of the New York Federal Reserve Tuesday defended saving American International Group from collapse as the right thing to do to prevent further damage to the world economy and said AIG will eventually be able to pay …
March 24, 2009
World Trade Organization Director General Pascal Lamy pressed U.S. trade officials Monday for a strong commitment to finishing the Doha round, while a U.S. business leader warned against accepting a “phony deal” just to wrap up the talks. Lamy’s trip …
March 24, 2009
Like most businesses and organizations in Oregon, the Department of Consumer and Business Services (DCBS) announced it is being impacted by the economic recession. Because DCBS programs are funded by fees and assessments paid by the industries it regulates, Oregon’s …