Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need to at least be regulated and moderated,” …
Washington, D.C., is a bit bluer these days than it was about a year ago. The Democratic color means both challenges and opportunities for independent agents and the insurance industry, says Independent Insurance and Brokers of America’s CEO Bob Rusbuldt, …
The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
IIABA’s leader Bob Rusbuldt hopes Congress does nothing, except on TRIA Insurance Journal’s Andrew Simpson, at the IIABA’s National Legislative Conference and Convention in Washington, D.C., in April, Rusbuldt also discussed politics, government involvement in the insurance business and the …
Global business leaders report they are increasingly concerned about risk; prevents some from investing overseas A new report from Lloyd’s and the Economist Intelligence Unit (EIU) has found that global businesses are becoming increasingly concerned about risks from political violence. …
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
Agents advised: fundamental shift in compensation coming Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need …
Lansing, Mich.-based Accident Fund Insurance Company of America recently named Al Gileczek as its vice president of Business Development Regional Operations. In his new role, Gileczek oversees Accident Fund’s national underwriting practices, sales strategies, research, and regional growth and development. …
People Patricia Smith has joined InsurBanc, a financial services provider for independent insurance agencies, as vice president of sales and business development. Smith will focus on the needs of independent agencies and develop relationships with them. Smith joins InsurBanc with …
