National Section

Business Moves

Rogers & Gray, Albert Brock Co. Cape Cod, Mass.-based Rogers & Gray Insurance has acquired the independent insurance agency, Albert G. Brock Co., located on Nantucket Island, Mass. The newly formed entity will now be known as Brock Insurance, a …

Economic Cost of Pandemics

A pandemic influenza outbreak in the United States could have economic costs nearly double the total amounts experts have previously calculated, depending on how the public, government and businesses respond to an epidemic, according to policy and risk experts in …

10 Things to Know About Umbrella Coverage

There is no “standard” umbrella. — Christopher J. Boggs, vice president of education, Insurance Journal Academy of Insurance Agents should visit the topic of excess casualty coverage with every new client and for every renewal; liability exposure multiplies along with …

New Construction Certification Aims to Specialize the Specialist

The construction risk is one of the toughest categories of businesses to insure. Insurance professionals are vulnerable from the first point of sale, according to Laurie Infantino, president of the Insurance Community University and Insight Insurance Consulting. “The dynamics of …

Smart Choices, Luck Help U.S. P/C Insurers Stay Stable: S&P

Good news alert: the U.S. property/casualty insurance sector “has been dealt a good hand” and remains stable due to smart choices and a little bit of luck, Standard & Poor’s said in a new report. “The sector has foresight regarding …

Using Agency Employees to Improve Leadership

In today’s business climate innovations in technology and systems have upended communication, payroll and record keeping. Even with these drastic changes one aspect of a business has yet to change, the CEO. Every company big and small has a CEO …

Risks Ahead: Food Recalls and Nanotechnology

Quick Quiz: What do baby spinach, raw cashew pieces, barbecue sauce, fish batter mix, marzipan, ice cream, packaged salads, dried kiwi and gourmet bread pudding all have in common? These products, and more importantly the businesses which manufacture and distribute …

Contractor’s Professional Mitigation of Damages Coverage

As contractors’ professional liability insurance products continue to develop and evolve in the marketplace, many contractors aren’t aware of a new “first-party” coverage that has become available to them from a growing number of insurers as an optional professional liability …

Business Moves

CMS, Diversified Professional Risk Managers CMS LLC, an insurance wholesaler based in Melville, N.Y., has acquired Diversified Professional Risk Managers in Rockville Centre, N.Y. Terms of the transaction were not disclosed. Established in 2013, Diversified Professional Risk Managers is a …

Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability

Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now? Could be, according to Daniel Nash, senior vice president of Field Operations and Business Development for Ironshore. Even though pricing in the market is …

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