P&C Companies News

AIG Appoints Williamson as Global Head of Employee Communications

American International Group Inc. has appointed Anita Williamson as global head of employee communications, effective today. In this role, Williamson will develop and execute global programs to strengthen employee engagement and align with AIG’s global business goals. She will report …

What Agents Want from Carriers in 2022: Survey

Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite different in commercial lines, where agents say …

NAPSLO, AAMGA Members OK Merger; New Wholesale & Specialty Association Is Born

Members of the American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) have approved a merger of the two associations, creating the new Wholesale & Specialty Insurance Association (WSIA). According to the …

Survey: Agents Suggest How Carriers Can Move from ‘Good’ to ‘Great’

One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …

Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey

Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That’s according to a new survey by insurance broker Ames & …

NJM Partners with American Modern to Offer Enhanced Collector Car Insurance

NJM Insurance Company has announced an expanded partnership with American Modern Insurance Group for coverage available in New Jersey and Pennsylvania. American Modern offers comprehensive collector car insurance policies. In addition to agreed value loss settlement, which protects against depreciation, …

Insurers’ Financial Strength, Brokers’ Expertise Drive Satisfaction in Large Commercial Market: J.D. Power

The profitability of an insurance company and the quality of advice given by an insurance broker makes the most difference when it comes to customer satisfaction for commercial insurance, a new industry study revealed. According to the J.D. Power 2016 …

Insurance Associations AAMGA, NAPSLO Move Forward with Merger Talks

A possible merger of the nation’s two major excess and surplus lines organizations is on track. The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) said they are moving forward with …

How Independent Agents Are Feeling About Growth, Technology and Disruption

Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about the future success of their agency compared to just …

Former Vermont Regulator Donegan Joins NCCI as Chief Regulatory Services Officer

Susan Donegan has been named as the new chief regulatory services officer for the NCCI. Donegan assumed the position on Sept. 19, and succeeds Helen Westervelt, who announced her retirement in January of this year. Westervelt remained at NCCI through …