February 21, 2010
K. Patrick Armstrong has joined the executive team at New York-based ReSource Pro as a business process consultant. Armstrong will work with insurance agencies, brokers, MGAs and carriers to implement insurance process outsourcing. Patrick joins ReSource Pro with 20 years …
February 21, 2010
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
February 21, 2010
What events have shaped the modern insurance landscape? Which ideas, innovations and accidents stand out as landmarks in the development and growth of this most important industry known as insurance? Following is one person’s opinion of the seven wonders of …
February 21, 2010
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement …
February 21, 2010
Issue Will Have Serious Implications for Insurance Industry Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or …
February 21, 2010
Recent headlines underscore the importance of agents having written security plans to protect the privacy of their clients’ personal information. In the first case, the Virginia Bureau of Insurance fined an agent $1,000 in September for not having a written …
February 21, 2010
OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement calls …
February 21, 2010
Leading into 2009, agencies were at a crossroads; uncertain of whether to sell, buy, or implement new or improved organic growth strategies. The path was uncertain, but it was widely believed that market, economic and political dynamics would impact and …
February 21, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
February 21, 2010
The Massachusetts Supreme Court has sided with the state’s insurance commissioner in a heated lawsuit brought by the state’s insurance agents and Arbella Mutual Insurance Co. over how new companies are assigned costs and policies in the assigned risk plan. …