Ken Crerar News

MHBT’s Henry Appointed to Council of Insurance Agents & Brokers Board

The Council of Insurance Agents & Brokers, an association for commercial insurance and employee benefits intermediaries in the United States and abroad, recently appointed Bill Henry to its Board of Directors. Henry is the chairman and CEO of Dallas-based McQueary …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Indep-endent Insurance Agents & Brokers of America has said it supports the stated goals and …

Agents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …

Andrew Welsh-HugginsAgents, Insurers Seek Targeted Compensation Disclosure Rules

The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents & Brokers of America (IIABA) announced that it supports the stated goals …

CIAB Endorses NAIC Proposed Disclosure Regulation

The Council of Insurance Agents & Brokers (CIAB) announced its endorsement of the National Association of Insurance Commissioners’ (NAIC) proposed regulation calling for the full disclosure and transparency of commercial insurance brokers’ compensation arrangements. Below are excerpts from the CIAB …

Industry in the Bull’s Eye

In the days after New York Attorney General Eliot Spitzer filed a civil lawsuit against insurance broker Marsh & McLennan Companies Inc. for alleged commercial account steering and bid rigging, the insurance industry reeled with speculation about how far Spitzer …

CIAB Issues Statement on Broker Compensation

Ken A. Crerar, president of The Council of Insurance Agents & Brokers, has issued the following statement on broker compensation: “As the initial shock of New York Attorney General Eliot Spitzer’s allegations of wrongdoing against Marsh and McLennan Companies, Inc., …

Q3 Commercial P/C Premiums Continue Fall

Commercial property/casualty insurance premiums continued to decline significantly during the third quarter of this year, with two-thirds of all large and medium accounts experiencing drops of up to 20 percent and an additional 11 percent of large accounts seeing premiums …

CIAB Expands Global Market Opportunities

The Council of Insurance Agents & Brokers (CIAB) announced that it is teaming up with the Worldwide Broker Network (WBN) to form an expanded global network to move and coordinate information and facilitate client services around the world. Under a …