A ‘spirited’ Kentucky wants make up ground in the race for captives Glenn Jennings replaced Martin J. Koetters as executive director of the Kentucky Office of Insurance in April 2005. In June of this year, Jennings himself was replaced by …
News Currents One year later: Gulf Coast agents & Katrina recovery How 3 Mississippi Gulf Coast agents, their families and communities are progressing Last October, Insurance Journal spent two days in Mississippi visiting with three independent insurance agents who experienced …
E&O: an essential protection in the modern insurance agency practice As we know, errors and omissions insurance is intended to cover professionals, including insurance brokers and agents, for their professional mistakes. Businesses that make recommendations or provide clients with solutions …
Glenn Jennings replaced Martin J. Koetters as executive director of the Kentucky Office of Insurance in April 2005. In June of this year, Jennings himself was replaced by Julie Mix McPeak, an attorney, when Gov. Ernie Fletcher called upon Jennings …
In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which Marsh is operating as a managing general …
A common misconception among agency owners who began their careers in sales is the belief that agency management and sales management are the same. The art and science of agency management require a unique set of managerial skills that are …
Former Executive Director A ‘spirited’ Kentucky wants make up ground in the race for captives Glenn Jennings replaced Martin J. Koetters as Executive Director of the Kentucky Office of Insurance in April 2005. In June of this year, Jennings himself …
Actions and Proceedings Brannon v. Continental Casualty Co. (Alaska court, June 9, 2006, Unpublished) Ruling: The trial court had dismissed the injured party’s action against the insurer based on statute of limitation grounds. The injured party previously had been assigned …
Insurance Agents E&O Nuts & Bolts: London American Professional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for agencies with gross written premiums between $5 million and $250 …
The attorneys general of New York, Connecticut and Illinois are continuing their fight against anti-competitive practices in the insurance industry. In doing so, they have been finding fault with contingent commissions paid to insurance brokers and independent agents. Agent and …
