North Carolina News

IIABA president: contingency commission crisis threatens agents

For a small to midsized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also president of the Independent Insurance Agents and …

People and Places

Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in metro-Atlanta, was established in 1977 and has been an MGA focused …

Judicial races in Southeast, nation prove contentious, costly

The midterm 2006 judicial elections saw judicial campaign contribution and advertising records smashed in numerous states holding high court elections. Voters went to the polls in 22 contested Supreme Court races in 10 states on Nov. 7. Campaigns for seats …

Declarations

Soundly defeated “We’ve learned that we need not fear voters won’t understand the benefits of credit scoring and will respond on basis of their own interests. I think we had a fairly good idea that we were going to win. …

Company Recalls 23,200 Pounds of Beef Jerky

A Michigan company, Mirab USA Inc., is recalling about 23,200 pounds of beef jerky sold across the country because it may contain the animal drug Doramectin. The following packages of beef jerky sold in Georgia and neighboring states have been …

IIABA president: contingency commission crisis threatens agents

For a small- to mid-sized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also president of the Independent Insurance Agents and …

Flying solo now, former Zurich exec ‘gooses’ independent agents

A retired insurance industry executive turned turbo-charged speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America Small Business CEO, meant his remark as a …

Not your father’s wholesaler

When it comes to today’s excess and surplus lines brokers, retail agents have a choice of several models Much is said about retail agents having to change with the times and stand out from the crowd to survive. But what …

Business Moves

Hiscox, Bermuda Holding Company London’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will receive one share in Hiscox Ltd. for each share held …

People Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in metro-Atlanta, was established in 1977 and has been an MGA …