October 2, 2006
Chicago, Ill.-based Geo. F. Brown & Sons, Inc. recently announced it has hired Joe Lourido as the company’s new National Accounts Risk Placement specialist. Lourido will report to Geo. F. Brown & Sons, Inc. President Mark J. Strong and his …
October 2, 2006
Insurance and credit data supplier ChoicePoint said its signing of a strategic alliance agreement with insurance technology firm AMS Services will extend ChoicePoint’s capabilities for data sales to thousands of additional insurance agents and industry professionals nationwide. The agreement was …
September 29, 2006
The Professional Insurance Agents Association of Ohio, Inc. (PIA) presented awards this week to several of its members. The awards were announced at the 2006 PIA Agency Management and Profitability Conference. PIA of Ohio hosts the annual conference for insurance …
September 29, 2006
The Attorneys General of 10 states have filed a motion with the U.S. District Court for the District of New Jersey opposing an amicus brief filed on Sept. 15, 2006, by the National Association of Professional Insurance Agents (PIA). The …
September 29, 2006
A city lead abatement program that has been recognized nationally might have to shut down because the U.S. Department of Housing and Urban Development has denied a request for a $3 million grant. “We were very surprised. All the indications …
September 28, 2006
Connecticut-based Specialty lines insurer Beazley announced that it is expanding BeazleySource, its proprietary risk management platform, to include information and advice for fiduciaries and administrators of employee benefit plans. “Launched in April, BeazleySource provides loss prevention services for management liability …
September 28, 2006
ACORD promoted Puneet Bharal as program director for its Reinsurance and Large Commercial (RLC) standards program. He formerly served as the RLC Program Manager. In this new position, Bharal will manage the RLC standards program worldwide from ACORD’s office in …
September 26, 2006
Standard & Poor’s Ratings Services said that its ratings on USI Holdings Corp. (BB-/Negative/–) were not affected by the company’s plans to raise $100 million under the accordion feature its existing credit facility. The company intends to use the proceeds …
September 25, 2006
The five most important things carriers can offer independent insurance agencies are: competitive rates; technology that helps them more easily write business and service customers; a variety of markets and products; competitive commissions and support provided by service personnel via …
September 25, 2006
An agency owner who believes that a merger or acquisition is all about the money may leave a lot more on the table than a premium price. They may be putting the future of their agency in jeopardy. M&A is …