Yearly Archives: <span>2006</span>

Ensuring someone brings home the gold, silver, bronze–and green

While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without a hitch. For the first time, the International Olympic Committee purchased an event cancellation policy …

New Markets

Excess Auto LiabilityTITLE: Nuts & Bolts: Freberg Environmental Inc. announced an excess automobile liability program designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides a maximum limit …

Technology can help agents boost sales and communication

Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …

Fraud Roundup

Ohio pair indicted for alleged fraud, money laundering tallying $200,000 The Coalition Against Consumer Fraud and the Ohio Department of Insurance reported that two former dental office employees, Alberta Fay Clark and Tammie Creamer, have been indicted for alleged insurance …

To acquire or be acquired–that is the question

Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs–those big dogs being the banks, the large public brokers and the regional clusters whose …

People and Places

Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, Calif., …

Critics allege wind modelers influenced by insurers

Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined to address …

Your top salespeople may not be the best sales managers

The frontline sales manager has the toughest job in all of management. In no other position is accountability measured more by the results produced. The numbers tell all: The sales organization, the territories or the individual salespeople either meet quota, …

STATE FARM GOES HOLLYWOOD WITH SPONSORSHIP OF MAJOR FILM PROMOTION

Bloomington-Ill.-based State Farm Insurance has announced that it is the first property and casualty insurer to be a sponsor of a major film promotion. State CARS, the latest movie from Disney-Pixar, the Academy Award-winning creators of The Incredibles and Finding …

Deadly storms hit Midwest again in new round of spring tornadoes

Another round of deadly storms hit the Midwest Sunday, April 2, causing deaths, massive damage and power outages in eight states. The states affected were Illinois, Indiana, Iowa, Missouri, Ohio, Tennessee, Arkansas, and Kentucky. The new round of tornadoes hit …