Operations News

Ohio SeibertKeck Insurance Names New Chief Operating Officer

Akron, Ohio-based SeibertKeck Insurance Agency, Inc., has announced the appointment of Johanne Williams as its new chief operating officer. Williams will report to Craig Hassinger, president and Rich Hite, chief executive office. As COO, Williams will oversee all agency operations, …

Christina Urias

Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately especially since wildfire season in particular extends through September. But the Arizona Department of Insurance began addressing many of these issues years ago to mitigate problems …

Understanding real estate-related risks

Throughout California and other states, there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real estate agents and …

Target Markets leaders see now as good time to shop proven programs

TMPAA’s Thompson, Siefert discuss today’s program business opportunities and program administrators’ evolution Despite soft market conditions, program carriers are less than enthusiastic about jumping at the chance to start a new program, according to two industry experts. But times may …

Coaches help teams and players rise to the top

n_27_coaches.xtg Coaching, when implemented at an organizational level, can deliver dramatic results and drive significant financial impact to the bottom line. How many professional athletes get to the top without a coach? Probably very few, if any. So why should …

St. Johns Receives $20M Fla. Homeowner Surplus Note Loan

St Johns Insurance Co. has received approval for $20 million loan from Florida earmarked for new homeowner capacity across the state. The note is the first such transaction resulting from the Senate Bill 1980 passed by the Florida State Legislature …

Don’t rush the courtship

Partnerships with community organizations may help reduce risk, boost business If understanding and pricing risk are the essence of insurance, then mitigating risk is the essence of insurers’ and their agency partners’ profit. New research shows how partnerships between insurance …

Darwin Introduces Professional Liability Product for ART Facilities

Darwin Professional Underwriters Inc. has introduced a new management and professional liability coverage for alternative risk transfer (A.R.T.) facilities, including captives, risk retention groups, reciprocals, and exchanges, as well as privately held non-rated insurance companies (i.e., insurance companies without an …

NEARLY 29% OF EMPLOYEES UNPRODUCTIVE

Nearly 29 percent of company time in America is unproductive, according to the results of a new study by management consulting firm, Proudfoot Consulting. The estimated cost of poor productivity in the U.S. is $598 billion and U.S. companies “lose” …

Texas Independent Agents Oppose Agency Compensation Settlements

The Independent Insurance Agents of Texas reported it has joined other agent groups in denouncing the latest attack on independent agents and agency compensation represented by the settlement between St. Paul Travelers and the attorneys general of New York, Connecticut …