Marine (Inland and Ocean) News

Sensible Success

Focusing on One Industry Has Allowed Construction Specialist Allied North America to Grow Organically Through Even the Toughest Markets Top 100 Agency Profile Ranking: No. 6 Agency Name: Allied North America Headquarters: Jericho, N.Y. Year Founded: 1979 Additional Locations: 16 …

CEO of New Marsh Retail Agency Sees Lean, Nimble Operation

New Nationwide Entity to Target Smaller U.S.-Based Companies with Less Complex Needs, Says CEO Butcher Global insurance broker Marsh, accustomed to handling large and complex insurance accounts, has its eye on the $80 billion in insurance premium paid by smaller …

Attract and Win Social Services Business with Risk Management Strategies

How Insurance Professionals Can Be Valuable Advisors to Non-Profit Organizations Operating a non-profit social service business has always been a challenging balance between meeting constituent needs, funding the organization, and managing operations. At no time has this been more challenging …

It Figures

2 Deer are causing more problems for Nebraskans, and it’s not just on the highways. Two homeowners reported that deer crashed into their houses recently, according to the Associated Press. Monnie and Harvey Maske say they came home from church …

Declarations

The Blame Game “It stretches both credibility and past experience with bridge structural failure to find causation through a single factor.” —Minnesota State Rep. Jim Oberstar on Oct. 26 criticized the National Transportation Safety Board after a published report said …

Kentucky Revs Up Insurance for Low-Speed Electric Vehicles

Kentucky Gov. Steve Beshear recently signed legislation directing the state’s transportation department to develop standards to authorize the operation of low speed electric vehicles on Kentucky highways. Sharon P. Clark, Kentucky’s Insurance Commissioner, said these types of vehicles must be …

Business Moves

Appalachian Underwriters, Florida Tennessee-based Appalachian Underwriters Inc. established a commercial brokerage division and will open a new office in Sarasota, Fla. to house the new operation. AUI will focus on property and casualty risks that are unique, unusual or require …

Higher Gas Prices Drive Down Auto Rates, Drive Up Politics Over Regulation in New York

In New York, there exists a curious relationship between gas prices and insurance premiums, at least in government officials’ minds. Gov. David Paterson said his state’s efforts to rein in insurance rates by asking insurers to “consider the impact of …

It Figures

$23 Million Iowa is set to receive another $23 million in federal money to repair flood damaged roads and bridges. The funds are part of $690 million being divided up among 28 states by the U.S. Department of Transportation for …

Declarations

Formaldehyde Concerns “Only mobile homes and only park models that fell below (the state’s formaldehyde threshold) and validated through that testing were provided to the state of Iowa.” —Assistant Administrator David Garratt responds to criticism from the governor and some …