Operations News

People

Unisource Program Administrators (UPA), a workers’ compensation wholesaler headquartered in Oklahoma City, has expanded services to all 50 states. In addition, the company named Barbara Drollinger, a 20-year workers’ compensation expert, vice president of strategic relations. Drollinger previously served as …

Business Moves

MeyersDining, CBIZ Cleveland, Ohio-based employee benefits and accounting services firm CBIZ, Inc. has acquired MeyersDining, LLC, an insurance agency located in Boulder, Colorado. Founded in 2005 with the merger of firms owned by Gary Meyers and Elizabeth Dining, MeyersDining is …

Agencies’ Overall Growth Down But Personal Lines Up

The bad news is that overall organic growth for independent insurance agencies is down. The good news is that there continues to be growth in two areas: personal lines and group product sales. The Independent Insurance Agents and Brokers of …

Agents’ E&O: What Do YOU Know? Participate In Insurance Journal Survey Now

It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of property/casualty insurance agents on Agency E&O markets, pricing, underwriting, risk management …

Risk Managers Call for Insurance Broker Compensation Disclosure

In a report released today, The Risk and Insurance Management Society Inc. (RIMS) is calling for complete disclosure of revenue streams from placing insurance products. The push for transparency outlined in the report is meant to serve as a guide …

Rockwood Programs Lowers P/C Agency E&O Minimum Premiums

Rockwood Programs, Inc. says it has reduced the minimum premiums for its Property/Casualty Agents Errors & Omissions (E&O) product. Premiums now start at $1,250 for agents generating less than $100,000 in commissions annually. The rating change is available on all …

Market Reform Renamed ‘London Market Group’

The Market Reform Group has been renamed the London Market Group (LMG) and its scope of action has been broadened to “discuss any aspect of business where a cross market view, or some collaborative action, might be beneficial,” said the …

Software Firm Ebix Acquires E-Z Data for $50 Million

Insurance software firm Ebix, Inc. has acquired California-based E-Z Data, Inc. E-Z Data’s Web-basd agency management, practice management, and customer relations software serves insurance companies, general agents, banks, investment dealers, insurance agents and financial advisors. Under terms of the agreement, …

Emerson Joins Colemont’s Dallas Office as Vice President and Broker

Colemont Insurance Brokers announced that David Emerson has joined the company’s Dallas office as vice president and broker specializing in transportation business. Prior to joining Colemont, Emerson was assistant director and vice president for international operations for GSP Consulting. He …

FERMA Welcomes 1100 to Prague Risk Management Conference

The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed president, Peter den Dekker, Corporate Insurance Risk Manager for …