Operations News

Top 100 Profile: Strength in Numbers at Keystone Insurers Group

As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout the coming weeks, InsuranceJournal.com will …

Report: Bank Insurance Brokerage Income Falls Slightly in 2008

Bank holding companies’ (BHC) insurance brokerage income overall experienced a 3.6 percent drop in 2008, the first decline in total BHC brokerage income since 2001, according to a new industry report. “BHCs with assets greater than $10 billion, and, principally, …

Texas Mutual Offers Free Safety Resources to Oil and Gas Industry

Austin, Texas-based Texas Mutual Insurance Company has added free safety training resources for the oil and gas industry on its Web site at texasmutual.com/safety/rtmain.shtm. Texas Mutual noted that between 2003 and 2006, the oil and gas industry’s workplace fatality rate …

Top 100 Agencies: Extended Deadline to Submit, June 8

Insurance Journal has extended the deadline for its annual Top 100 Agencies submissions. IJ is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. And …

Strohfus Named Senior Vice President at Acadia

Westbrook, Maine-based Acadia Insurance Co. has named Paul Strohfus as its new senior vice president for Claims and Legal Services. Strohfus will oversee the development of claim operations for Acadia, work to maximize government relations efforts and ensure legal matters …

Breaux to Lead Sleeper Sewell

Dallas-based Sleeper Sewell Insurance Services Inc. announced that Von Breaux is now responsible for leading the company as part of his duties as recently named president and chief executive officer of ANBTX Insurance Services Inc. Sleeper Sewell is one of …

Sloan Mason Offers Trash Haulers, Landfill Operators Package

Sloan Mason, based in San Diego, Calif., has introduced coverages for garbage/trash haulers and landfill operators, available nationwide. The A XV rated carrier provides general liability, pollution and auto coverage. Minimum premium is $25,000 for general liability/pollution/auto combined. The following …

Business Moves

AIG American International Group has signed an agreement to sell its prime real estate holding in Tokyo for approximately $1.2 billion to Nippon Life Insurance Co. The property includes approximately one acre of land on which The AIG Otemachi Building …

Massachusetts Settles Bid-Rigging Suit against Great American Insurance

Massachusetts Attorney General Martha Coakley says her office has settled a bid-rigging lawsuit lodged against Ohio-based Great American Insurance Co. The suit resolves allegations the insurer submitted a fake and intentionally uncompetitive insurance quote to Analog Devices Inc. of Norwood, …

Is Your Database Holding You Back?

How to Create a Culture of E-Mail Collection in Your Organization These are not the heady times of the past when you could take a flyer on an untried marketing tactic. Sales are thinner, margins are slimmer and subsequently, marketing …