Operations News

New York to Issue Watered-Down Disclosure Rules for Agents

New York regulators are expected to release new rules tomorrow that require agents to disclose to clients some aspects of their compensation, although the rules are more palatable to agents than previous proposed regulations, according to an agents’ trade group. …

Business Moves

ProBuilders The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and non-renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief financial officer for NationsBuilder Insurance …

Four Steps to Using Agency Technology for Target Marketing

Conducting a target marketing campaign used to be cumbersome and expensive. Today, with an up-to-date agency management system, getting started is a snap. It still takes persistence to succeed, but getting going isn’t hard if you have the right strategy …

Broad Powers for Proposed Rhode Island Workers’ Comp Unit

Rhode Island Gov. Don Carcieri has proposed reassigning investigators to probe workers’ compensation fraud but giving them far broader powers to prevent the misuse of state government funds. The proposal was contained in a $7.8 billion budget plan meant to …

Business Moves

Hylant Group, W Group Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned employee benefit services provider, have merged. The combined organizations will form one of the largest employee benefit firms in the Cincinnati area, the companies …

Four Steps to Using Agency Technology for Target Marketing

Conducting a target marketing campaign used to be cumbersome and expensive. Today, with an up-to-date agency management system, getting started is a snap. It still takes persistence to succeed, but getting going isn’t hard if you have the right strategy …

Four Steps to Using Agency Technology for Target Marketing

Conducting a target marketing campaign used to be cumbersome and expensive. Today, with an up-to-date agency management system, getting started is a snap. It still takes persistence to succeed, but getting going isn’t hard if you have the right strategy …

Property Casualty Market’s Love Affair With Main Street Business

Why Small Business Means Big Business for Insurers and Brokers Alike Main Street business often means different things to different people, but it generally refers to small commercial establishments that would be found in towns and villages across the United …

Levees Protect Some of Nation’s Key Economic Areas

Flooding Control Costs Are Outweighed by Regional Economic Benefits, Study Finds There are hundreds of levees across the U.S. — from Miami to Los Angeles and Detroit to New Orleans- that protect vulnerable areas and tens of millions of people …

Report: Economic Benefits of Levees Outweigh Flooding Costs

Despite the massive flooding resulting from levee breaches and storm surge during Hurricane Katrina in 2005, the economic benefits provided by flood control measures in Southeast Louisiana far outweigh the costs of widespread damage from flooding, according to one researcher. …