National Section

Declarations

Innocence Lost … Again “New GM was not born innocent.” —Arizona Attorney General Tom Horne wants civil penalties of $10,000 for each of the hundreds of thousands of GM vehicles sold in the state in violation of consumer-fraud law. Arizona became …

How Agents and Brokers Help Communities Worldwide

Jeans Fridays Indiana-based Black & Ramer Insurance supports a program called Jeans Friday. On Fridays, employees wear jeans and donate to a different charity each month. The owners then match what employees donate for the month. They love to keep …

Business Moves

EPIC, Greyling EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage, has acquired Greyling Insurance Brokerage & Risk Consulting Inc., a specialty insurance broker and risk management consultant based in Atlanta, with locations in St. Louis, Mo., and Tampa, …

10 Things to Know About Charitable Giving

Americans gave $335.17 billion to charities in 2013, a 4.4 percent increase from 2011. – National Philanthropic Trust Individuals were the largest source of charitable giving in 2013 ($241.32 billion or 72 percent of total giving), the average annual household …

E&O Insights: Where Is Your Agency in the ‘E&O Marathon?’

There are similarities between deciding to run a marathon and managing your agency’s errors and omissions (E&O) exposure. Very few people, if any, can wake up one day, decide to run a marathon and then, without training, run it. A …

Program Market a Target for Expansion, Good & Bad

Market Outpacing Overall P/C Industry The program insurance business market enjoyed its third consecutive year of growth in 2013 and appears on track to continue its expansion. However, while program business is attracting new interest, some participants are cautioning that …

A New Year, A New Congress

Looking ahead to the next Congress, the Dodd-Frank Act faces renewed scrutiny, including the Financial Stability Oversight Council process and the lack of transparency and quantitative analysis before making decisions. As a result of the Dodd-Frank Act’s fundamental reaffirmation of …

Security in the Aftermath of a Tragedy: The Need for a Business Succession Plan

Starting a business is, statistically, a risky enterprise. The vast majority of ventures fail because of delays, poor product development, inadequate sales and marketing, and lack of working capital, among many other things. But the companies that do make it …

World’s Top 15 Commercial Lines Brokers Write 43% of Business: Finaccord

The world’s top 15 insurance brokers write more than 43 percent of the commercial lines property/casualty business globally, according to a new ranking by London research firm Finaccord. The same report says that the top 150 brokers write almost 59 …

Business Moves

Arthur J. Gallagher, The Titan Group, The Forker Co., SGB-NIA Insurance Arthur J. Gallagher & Co. recently acquired The Titan Group LLC, The Forker Co. and SGB-NIA Insurance Brokers. SGB-NIA Insurance Brokers, headquartered in Woodland Hills, Calif., provides retail property/casualty, …

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