Operations News

Mentoring process is at the core of new producer development

Most high performance, high growth independent agencies have a lot in common when it comes to finding, hiring and mentoring new producers: They dedicate the necessary time for their mentoring program and couple the educational aspects with a prospecting focus …

2007 Agency Salary Survey says …

More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual exclusive report, countless opinions and perspectives …

2007 Agency Salary Survey says …

More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual exclusive report, countless opinions and perspectives …

10 free and easy ways to drive traffic to your agency’s Web site

This isn’t exactly news, but by now most property/casualty agencies have their own Web site. And that’s good, but it isn’t good enough. In addition to its mere existence, a Web site should be easy to use, informative, assistive, self-promotional, …

News Currents

Banks’ total insurance revenue dipped The nation’s bank holding companies (BHCs) experienced a slight decline of 1.3 percent in their total insurance revenue from $44.1 billion in 2005 to $43.5 billion in 2006. Citigroup Inc. (N.Y.), Wells Fargo & Co. …

Banks’ total insurance revenue dipped

The nation’s bank holding companies (BHCs) experienced a slight decline of 1.3 percent in their total insurance revenue from $44.1 billion in 2005 to $43.5 billion in 2006. Citigroup Inc. (N.Y.), Wells Fargo & Co. (Calif.), Countrywide Financial (Calif.), HSBC …

Henson Joins MHBT as VP in Property/Casualty Group

McQueary Henry Bowles Troy L.L.P. (MHBT) announced that David Henson has joined its Dallas office as vice president in the property and casualty group. Having spent 20 years in the insurance business, Henson brings a deep knowledge of industry best …

R&M ‘Carbon Finance’ Analysis Praised as ‘Timely’

Dublin-based market analysts Research and Markets notes that the firm’s recently released report, “Carbon Finance: The Financial Implications of Climate Change,” has received praise from industry leaders. Among those cited by R&M, who offered their opinion on the report, was …

N.H. Motorists Could Save if State Adopts Seat Belt Law

A mandatory seatbelt law could do more than save drivers’ lives. It could save them money. When House lawmakers recently passed a seatbelt bill, supporters emphasized that buckling up would save lives. But the issue also has financial ramifications, and …

R.I.’s Gencorp Taps Madden for Wholesale Unit; O’Connor for Claims

Gencorp Insurance Group, with headquarters in East Greenwich, R.I., has announced the promotion of two of its insurance professionals. Jay E. Madden has been named president of Gencorp’s Wholesale Division. Madden has been with the firm for 10 years. He …