Operations News

Time Management

10 Tricks of the Trade Time is the only resource we cannot recreate and we all have the same amount. How can you optimize your life by being “in control of time” rather than being “controlled by it?” Here are …

Systematic Sales Strategy Should Be Priority No. 2 for Agency Managers

In this hard economy coupled with the soft market, most agencies expect sales and revenues to go down. Even the best performers feel the downward trend in premiums. According to Juan Andrade, executive vice-president for sales and distribution at The …

Start-Up Stories: How New Agencies Are Competing

A Crop of Newly-Formed Agencies Is Defying the Hard Economy and Soft Market The independent insurance agency system is enjoying a resurgence. For years, the number of agencies in the country had been declining but that trend, while not reversed, …

Systematic Sales Strategy Should Be Priority No. 2 for Agency Managers

In this hard economy coupled with the soft market, most agencies expect sales and revenues to go down. Even the best performers feel the downward trend in premiums. According to Juan Andrade, executive vice-president for sales and distribution at The …

Aon Hit With Q4 Benfield Merger Costs But Broker Commissions Grow Slightly

Aon Corp., the largest global insurance brokerage by assets, reported that net income fell 95 percent in the fourth quarter as it incurred costs related to restructuring and its merger with Benfield Group. Net income was $10 million for the …

New York Proposes Compensation Disclosure Rules for Agents

Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this week include rules that establish “minimum disclosure requirements.” Those requirements …

Sloan Mason Adds Ready-Mix Concrete, Asphalt, Aggregate Package

Sloan Mason has introduced a new program for Ready-Mix, Asphalt and Aggregate Facilities, available in all 50 states. The new program provides general liability, auto coverage, workers’ compensation, umbrella liability, inland marine and property coverage through an A.M. Best “A” …

Chubb Offers New Employment Practices Endorsements

The Chubb Group of Insurance Cos. has broadened its employment practices liability (EPL) coverage by offering a solution for companies concerned about late claim reporting of Equal Employment Opportunity Commission workplace discrimination charges. The endorsement permits EPL customers to report …

Final Call: Who’s Worth What in the Independent Agency System?

It’s that time again! Insurance Journal is polling insurance agents and brokers nationwide in its annual quest to find out who’s worth what in the independent agency system. More than 1,000 agencies nationwide have already responded to IJ’s exclusive 2009 …

Lockton Launches Outsourcing, Data Breaches Risk Management Service

Lockton announced that is launching a unique set of risk management services to help companies address outsourcing risk and corporate response plans for data breaches. “These services are supported by leading cyber insurance underwriters at Lloyd’s–ACE Global Markets, Brit Syndicates …