American International Group, Inc. (AIG) reported its first quarterly profit since the third quarter of 2007, reflecting stabilization in some of its businesses and positive valuation changes. AIG, which received $180 billion of federal bailouts, said it also achieved several …
Beacon Marketing, Inc. – “Helping to guide your prospecting needs to new destinations” Beacon is coming up on their 2nd year with helping agents across the country write new business and they have been successful in retaining 97% of their …
First-quarter bank holding company (BHC) insurance brokerage income of $3.03 billion was up 15.0 percent from $2.63 billion in fourth quarter 2008, which marked the lowest point of quarterly insurance income since 2005, according to the Michael White-Prudential Bank Insurance …
The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business …
At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions for large insurance companies. Soderberg, president …
Incentive Compensation Focused on Customers, Not Premiums, Works, Consultant Says Al Diamond is one of the country’s best known and respected agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies …
State Compensation Insurance Fund Says Proposal to Sell Its Assets Have Failed in Past We are very concerned that the proposed sale appears to be driven by the need for cash. The California Legislature has passed the 2009-10 budget, instituting …
Willis has been named in a second lawsuit stemming from its relation with indicted financier Allen Stanford. A Venezuelan investor, Reinaldo Ranni, filed a class action in U.S. federal court in Miami on July 17, accusing Willis of fraud, negligence, …
Congress is about to take up legislation that would have profound and long-lasting effects on 17 percent of our nation’s economy — our health care system. Most Americans agree that the system is broken and it’s high time it’s fixed. …
About This Report: The economy, soft market and industry consolidations continued to shake up the nation’s leading independent insurance agencies in 2008. Still, nearly half, or 45 percent, of the privately-owned agencies and brokerages on Insurance Journal‘s Top 100 Property …
