National Section

IPCC Concludes Climate Change is Irreversible, Effective Responses Needed

The Intergovernmental Panel on Climate Change (IPCC) has issued its latest report, which states that “the effects of climate change are already occurring on all continents and across the oceans. The world, in many cases, is ill-prepared for risks from …

First Quarter Activity Soars

With the strongest start in the past five years, the first quarter of 2014 carries with it the momentum from the end of last year. With 77 announced transactions, January through March was not only the strongest first quarter in …

The Specialized Risks of Special Events

As the days of spring get longer and the weather warms into summer, communities and towns across the country will come out of hibernation and celebrate – with fairs, festivals and open air festivities. Memorial Day, Independence Day and outdoor …

Why Governors Are Concerned Over FIO Report

On behalf of the National Governors Association, Alabama Gov. Robert Bentley and West Virginia Gov. Earl Ray Tomblin on March 28 wrote Treasury secretary Jacob Lew about Treasury’s Federal Insurance Office (FIO) report last December on how to modernize the …

Business Moves

Marsh & McLennan, Capstone Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, S.C. Terms of the transaction were not disclosed. Founded …

12 Survival Suggestions for Today’s Independent Agent

To survive, think backwards. Consider what you shouldn’t do before contemplating what you should, as avoiding negative acts improves your agency’s health. Don’t just promote from within. As important as it is to have a career path for your staff, …

Declarations

New Team “For many New Yorkers, it’s been the worst 17 months of their lives.” —New York City Mayor Bill de Blasio on challenges faced by New Yorkers who are still recovering from Superstorm Sandy. The mayor on March 29 …

Use Social Media to Improve Sales

Today’s generation is all about social networking. Social networking has become the most popular way to network and promote business. And in the current “tech savvy” environment it’s becoming increasingly apparent social media is here to stay, so it’s important …

Cyber Coverage Demand Increased Significantly in 2013, Trend to Continue in 2014: Marsh

Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk Management Research report. Marsh found that financial …

10 Things to Know About Public Entities

There are 3,141 counties and county equivalents in the 50 U.S. states and the District of Columbia. (USGS CoreFacts, U.S. Geological Survey) Counties build and maintain 45 percent of the public roads and 230,690 of the nation’s bridges, and are …

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