Operations News

Lord Lang to Succeed Hardis as MMC Board Chairman in May 2011

The Board of Directors of Marsh & McLennan Companies, Inc. (MMC) announced that Ian Lang, Lord Lang of Monkton, will succeed Stephen R. Hardis as Independent Chairman of the MMC Board of Directors when Hardis retires from the Board in …

Welcome to Pat Alexander’s Chronicles

Welcome to the first post for Pat Alexander’s Chronicles. I am a consultant that spends much of my time working with insurance agencies in defining their workflows and maximizing the use of their technology systems. My plan for this blog …

MSW Establishes Operations in Arizona

Dallas-based MarketScout Wholesale (MSW) has expanded its operations by establishing a presence in Arizona. Toni Adame-Cavage has joined MSW in Arizona as a senior boker. Prior to joining MSW, Adame-Cavage was a casualty broker with All Risks Ltd. Additionally, Steve …

Calif. State Fund Names Rowe President/CEO

The California State Compensation Insurance Fund has named Tom Rowe president, CEO and member of the Executive Committee. He will report directly to the Board of Directors and is responsible for the day-to-day operations of State Fund. As head of …

MarketScout Features Insurance Industry Leaders at 2010 Entrepreneurial Insurance Symposium

Industry “think tank” focuses on new underwriting and distribution concepts. Property and Casualty insurance underwriting and distribution are changing dramatically. On September 14 and 15 MarketScout will host over 400 industry leaders at the fourth annual Entrepreneurial Insurance Symposium. According …

Wyoming Aims to Decrease Workplace Fatalities

Many years ago when Mindy Hixon started working in the family trucking business in Carbon County, Wyo., she realized safety wasn’t a top priority. “I knew for a fact what we were doing was illegal, unsafe and not in compliance,” …

Aon Will Begin Accepting Contingent Commissions Again

Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted— reversing its policy on the controversial compensation just six months after a legal settlement banning the volume-based payments was lifted. In a …

Pareto’s Principal and book growth

Pareto’s Principal and book growth Vilfredo Pareto Business management thinker Joseph M. Juran suggested the 80/20 principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% …

People

Insurance Brokers and Agents of the West’s (IBA West) education division, Insurance Skills Center (ISC), entered into an agreement with Cheryl L. Koch, president and CEO of Agency Management Resource Group, to manage ISC education and training programs. In her …

Webinar to Help P/C Agents Benefit from Health Insurance Boom Under Reform Law

For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their options, according to experts. Insurance Journal is partnering …