The Professional Insurance Agents Association of Ohio, Inc. (PIA) elected Douglas J. Fox, of Perrysburg, president of its board of directors. Fox’s term commenced Jan. 1. Fox is an independent insurance agent, with Diversified Insurance Service, LLC in Toledo. An …
The Lloyd’s Exchange pilot initiative (See IJ web site – https://www.insurancejournal.com/news/international/2009/01/13/96927.htm] was formally introduced on Thursday to the general approval of all concerned. IBM has been chosen – to no one’s great surprise – to set up the system. Lloyd’s …
International insurance insurer Hiscox has appointed Jim Whetstone as senior vice president for Global Errors and Omissions (E&O) in the Global Markets area. He is based in Hiscox’s Chicago office. In this capacity, Whetstone will be underwriting Hiscox technology and …
Lloyd’s announced that it has selected IBM to deliver the Lloyd’s Exchange pilot. “The Exchange will allow market participants to transfer risk information to each other using electronic messaging standards,” said Lloyd’s. “This will remove the need to maintain multiple …
Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Euclid Insurance, Illinois American Insurance Agency Euclid Insurance Services Inc., has acquired …
OnPoint Underwriting, Commercial Insurance Services Atlanta-based OnPoint Underwriting acquired the assets of Commercial Insurance Services, based in Greenwood Village, Colo. Terms of the transaction were not disclosed. Commercial Insurance Services is led by Bob Hallameck, president, who will retain a …
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …
Part 2: Designing the Plan The first part of this two part series described the self-analysis of the agency’s book that must precede the development of an effective sales and marketing plan. This is accomplished by reviewing each producer’s book …
Galveston officials pleaded with state lawmakers Jan. 7 for help in rescuing their island city from the dire financial straits it finds itself in nearly four months after the devastation of Hurricane Ike. “We’re getting to the point of being …
The Market Reform Group (MRG), which sets priorities for London’s insurance industry, has announced its plans to, in its words, “deliver a new growth spurt that will further cement London as the market of choice for global insurance.” MRG Chairman …
