Workers’ compensation insurance wholesaler PMC Insurance Group appointed Bob Jones as vice president. Jones will share responsibility for expanding PMC’s agency management plan and revenue growth in New York, New Jersey and Connecticut — including the management and oversight of …
Hallmark Financial Services Inc., headquartered in Fort Worth, Texas, announced that its subsidiary, Hallmark Insurance Co., will acquire State Auto National Insurance Co. from Ohio-based State Auto Financial Corp. (STFC). The acquisition is subject to regulatory approval and other customary …
American International Group Inc. reported a $2.7 billion quarterly loss compared to a net profit of $1.8 billion for the same quarter a year earlier. The second quarter 2010 loss was primarily due to a $3.3 billion non-cash goodwill impairment …
An important first consideration is the potential effect of agency cultures and procedures on the definition and implementation and use of systems in defining Best Practices. What should be alike and what can be different between departments and locations? What …
British life insurers reporting half-year results this month plan to simplify their notoriously complex financial statements in a move that could lift their flagging shares. Standard Life, Britain’s fourth-biggest life insurer, two weeks ago became the latest to say it …
State Auto Financial Corp. has reported a second quarter 2010 net loss of $26.2 million versus a net loss of $3.2 million for the second quarter of 2009. State Auto’s combined ratio for the quarter was 115.2 versus 110.6 for …
The Connecticut Supreme Court said state Attorney General Richard Blumenthal cannot publicize confidential business documents obtained under subpoena in an antitrust probe, prompting him to say he might try to have the ruling overturned. Monday’s unanimous decision reversed a Feb. …
The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business …
The National Alliance for Insurance Education & Research has announced that Kami Ishikawa, of Lapre Scali & Co. in Scottsdale, Ariz., is the 2010 Outstanding CSR of the Year recipient for the state of Arizona. To qualify for the state …
How to Gain More Hours a Day Computers should bring efficiency and save a lot of time. But they can actually waste time if you don’t use them properly. Most agencies have an agency management system and a rating system, …
