The Travelers Cos. Inc. will pay $6 million to settle investigations in 9 states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
The U.S. Equal Employment Opportunity Commission (EEOC) this month issued a fact sheet on the application of federal anti-discrimination laws to employer tests and other selection procedures to screen applicants for hire and employees for promotion. The new technical assistance …
The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …
OneBeacon, Southern Marine & Aviation OneBeacon Insurance Group announced an agreement with Houston-based Southern Marine & Aviation Inc. to represent OneBeacon’s International Marine Underwriters (IMU) division. Under the agreement, IMU will assume the new and renewal business written under a …
OneBeacon, Southern Marine & Aviation OneBeacon Insurance Group announced an agreement with Houston-based Southern Marine & Aviation Inc. to represent OneBeacon’s International Marine Underwriters (IMU) division. Under the agreement, IMU will assume the new and renewal business written under a …
Carriers and agencies both face challenges in maintaining quality relationships Agents might think they have their hands full trying to attract and retain quality employees, but they are not alone. Insurance carriers face challenges in getting and keeping quality agents, …
It’s that time of year — predictions about everything from the economy to politics run rampant with a new year. Predicting the future is never easy. But there are some issues facing the independent agency system in 2008 that are …
The success of the nation’s top direct insurance marketers impacts many locally owned agencies. The reason that these sellers can close a sale, without face-to-face contact, isn’t as simple as a lower quote (it’s not always the case). Frequently, it’s …
Transparency, disclosure, and private equity interest reshape how high growth agencies do business As agents and brokers embark upon the strategic planning process for 2008, organic growth initiatives remain at the forefront for the nation’s fastest growing organizations. Such organizations …
The secret is out: Utah-based Leavitt Group is big – it now operates in 115 locations Kelly Russell, a director and chief affiliation officer for the Leavitt Group, pondered the question put before him: What would most people be surprised …
