Large, regional brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection from the insurance slump and a few brokers report success in negotiating higher commission …
To conclude the Liberty Mutual ruling marks the end of the Spitzer era may be wishful thinking. Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal. “Contingent commission agreements …
S&P Says Nationals Safe, While Midwest- Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Insurance Regulation Bills N4 | Home Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | …
Wilshire Insurance and Innovative Value Agency, based in Fayetteville, announced that their North Carolina segmented private passenger automobile program will now be available on the Jenesis Agency Management system quote control rating feature. IVA — conducting business in North Carolina …
Chicago-based Hub International Limited announced the following management changes to be effective October 1, 2008: — Dennis Pauls, currently CEO of Hub Ontario, will become CEO of Hub Midwest West (Chicago); — Bill Zanoni, currently CEO of Midwest West, will …
Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins. There may be some truth to the big brokers’ complaints …
George Hockert has joined Wausau Signature Agency (WSA) as the director of sales in the agency’s Eagan, Minnesota office, with responsibility for Minnesota, Iowa, North Dakota, South Dakota, and Western Wisconsin. Hockert has more than 15 years of experience in …
Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new program for plumbers. The program includes custom tailored coverage for residential and commercial projects. ACORD 125, 126, and contractor’s supplement are required for a quotation. Occurrence form is …
Encompass Insurance announced that Ellen Goforth was promoted to regional sales director in Northwest region. The Encompass Northwest Region oversees Encompass, Allstate and Deerbrook independent agencies in the states of Alaska, Hawaii, Idaho, Oregon and Washington. She takes over for …
Willis Group Holdings announced from New York that Allan Gribben, CEO of Willis International, has been appointed Global Sales & Marketing Director. His mandate “includes responsibility for the ‘Client and Growth’ initiative, part of Shaping our Future, Willis’ strategy for …
