Economy News

Midwest Farmers Say Federal Risk Management Program Too Complex

Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex. The Average Crop Revenue Election program provides revenue support …

Allstate Adding Agents in California

Allstate Insurance Co. announced it is seeking dozens of agents in California. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and represent Allstate in California,” said Sales …

ING’s Good Results Reduce Pressure to Sell Insurance Arm

A strong start to the year has taken enough pressure off Dutch bancassurer ING Group to allow it to substantially delay or even potentially scrap the expected 2011 flotation of its insurance business. The talk of ING rethinking its timeline …

The Agency Salary Blues: Staff Morale Takes Hit in Tough Economy

Stagnant and declining agency salaries have many agency employees singing the blues, and most agents don’t expect things to change, at least not anytime soon. While independent agency salaries maintained or decreased slightly in 2009, employee morale seems to be …

How to More Effectively Sell Insurance in Today’s Economy

Agency Employs Objective Data on Producers’ Skills Paired with Individualized Sales Training In the current economy, the pressure is really on. It’s not enough to just sell the product – you want your sales people to be best equipped to …

The Insurance Industry in Ohio

In March 2010, Ernst & Young LLP issued a report detailing the results of a study of the impact of the insurance industry in Ohio commissioned by the Association of Ohio Life Insurance Companies and the Ohio Insurance Institute. Some …

Businesses, Interrupted

All around the Gulf Coast, fishermen, motel owners, restaurateurs and other small businesses justifiably are concerned about what the future may hold as a result of the Deepwater Horizon oil spill off the coast of Louisiana. Lawsuits are beginning to …

Businesses, Interrupted

All around the Gulf Coast, fishermen, motel owners, restaurateurs and other small businesses justifiably are concerned about what the future may hold as a result of the Deepwater Horizon oil spill off the coast of Louisiana. Lawsuits are beginning to …

Insurance Industry Reacts to Gulf Coast Oil Spill

The blame game for the recent British Petroleum (BP) oil rig accident and subsequent oil spill is just getting started, as are the insurance implications of this disastrous event, according to underwriters and other observers. “It’s going to take several …

Business Moves

Security Planning, CSIPros Salt Lake City-based Security Planning & Insurance Corp., an insurance carrier in the childcare industry, launched Charter School Insurance Professionals (CSIPros), an insurance company to focus exclusively on providing whole-package insurance to charter schools nationwide. According to …