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Operations News

Agency Advisor

It is context that helps employees think through complex problems in the absence of their seniors. Editor’s note: This is the fourth in a continuing series of articles offering “best practices” suggestions for the hiring process including training in the …

News Briefs

Agency Management Resource Group holds producer school The Ultimate Producer School, provided by Agency Management Resource Group (AMRG) is hosting its next school starting in April 2006 in Sacramento, Calif. The school combines technical coverage information, emphasizing commercial insurance, with …

Richard Robin

People Encino, Calif.-based NAS Insurance Services has appointed Richard Robin president. He will be responsible for overall operations, including underwriting, marketing and administration. Ed Robin will continue to serve as chairman and will remain responsible for overall management and direction …

Ohio Insurance Director Elected National Association Officer

Ohio Insurance Director Ann Womer Benjamin was elected secretary of the Midwestern Zone section of the National Association of Insurance Commissioners (NAIC) during its winter meeting in Chicago. Womer Benjamin was elected to the leadership position by her peers in …

N.Y. Regulator Balked at Spitzer Deal Ending AIG Contingent Pay

Producers should no longer expect contingent commissions from American International Group, according to the recent settlement with New York Attorney General Spitzer and what the company says is its own global policy now. Spitzer’s announcement stated that “AIG has agreed …

Aon’s Agency Specialty Product Network Forms LifeSource Alliance

Agency Specialty Product Network has joined with LifeSource – a BISYS Company to provide independent property and casualty agents and brokers a “virtual” life insurance department to enhance sales, profitability and client retention. LifeSource is an operating division of BISYS …

Main Street America Group Promotes Anderson, Petrell

Bill Anderson has been promoted to senior vice president of insurance operations and Sharon Petrell, assistant vice president of marketing and integrated solutions of the Main Street America Group in Jacksonville, Fla. Anderson, who has been vice president of marketing …

ACG Ranks Second in Nation for Collision Repair Customer Satisfaction

The Auto Club Group (ACG) — holding company for the Auto Club Insurance Association (ACIA) and six AAA affiliates in the Midwest (including AAA Michigan) — is ranked second in the nation for collision repair satisfaction, according to J.D. Power …

Aon Sees Q4 Net Income of $224M

Aon Corp. reported fourth quarter and full year 2005 results. Net income was $224 million or $0.65 per share in the fourth quarter of 2005 and $81 million or $0.24 per share in 2004. Fourth quarter 2005 net income from …

AIG Settles Fraud, Bid-Rigging and Improper Accounting Charges with SEC, N.Y.

State and federal regulators today announced agreements that resolve pending litigation and investigations of fraud, bid-rigging and improper accounting by the nation’s largest insurance company. Under the agreements, American International Group (AIG) has acknowledged misconduct, adopted a series of groundbreaking …