Operations News

Market your business skills to clients and prospects

Insurance agents are a very talented bunch. Over the years, many have fine-tuned the entrepreneurial skills needed to grow their businesses while competing and surviving in an often cutthroat sales environment. Firms in many other fields also deal with these …

6 Pennsylvania: Wall Street West?

State makes pitch to be Wall Street’s backup location 6 Making Hartford shine again Conn. sees talent pool giving it edge in competition for insurance jobs 8 Mass. weighs jail time for workplace safety violators State may also require regular …

Making Hartford shine again as insurance capital

While other states from Minnesota to New Hampshire compete to attract the insurance sector by lowering premium taxes and extending incentives, Connecticut thinks it has the best offer: an unmatched talent pool of insurance managers, underwriters and actuaries. Connecticut government, …

Flying solo now, former Zurich executive ‘gooses ‘ N.C. agents

A retired insurance industry executive turned turbo-charged motivational 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 …

Why agents oppose contingent commission settlements

Imagine for a moment a state legislator introducing a bill that made it illegal for businesses to pay year-end bonuses to their sales forces. Then imagine that this piece of legislation also made it mandatory that all businesses provide written …

Liberty Mutual Appoints LeRoy to Lead Large Commercial Division

Underscoring its commitment to the largest commercial insurance buyers, Liberty Mutual named Melissa A. LeRoy as regional vice president and managing director for its Major Accounts Division. Formed in 2005, Liberty Mutual’s Major Accounts Division serves companies with annual cost …

Truckers Seek to Slow Big-Rigs

A lobbying group for the largest U.S. trucking companies is seeking a 68-mile-per-hour speed limit for newly manufactured big-rigs to reduce crashes and save lives. The goal is to cut “the number and severity of speed-related crashes,” the American Trucking …

Indiana Insurance Hosts School Violence Seminar in Ohio, Oct. 23

Indiana Insurance, a member of Liberty Mutual Group and an insurer of public and private schools throughout the Midwest, is hosting a free, day-long seminar on Oct. 23, 2006, to help Ohio school officials develop better school safety plans. Recognizing …

Regulators Tell Anti-Trust Commission McCarran Exemption Fosters Competition

The nation’s insurance regulators told the Antitrust Modernization Commission today that the McCarran-Ferguson antitrust exemption, combined with effective state insurance supervision, fosters a vibrant, competitive insurance marketplace, and cautioned against its repeal. Speaking on behalf of the National Association of …

Insurance Carriers Moving to Service-Oriented Architecture

The insurance industry is rapidly embracing Service-Oriented Architecture (SOA), as well as related Web services and standards, according to new TowerGroup research conducted in partnership with ACORD. The comprehensive industry survey was designed to gain an understanding of the readiness, …