Yearly Archives: <span>2014</span>

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 …

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 …

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 …

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, …

Growth, Profitability to Continue for U.S. Commercial Lines: Fitch

Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over the past two years and strong capital levels allowing insurers to withstand considerable adversity. Fitch’s fundamental outlook on the commercial …

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 …

People – East

American International Group (AIG) has named Jerry Hourihan as president of Private Client Group for the U.S. and Canada. He will report to Ralph Mucerino, CEO of Consumer Regional, Americas. Hourihan will be a high net worth client advocate and …

Group Urges N.Y. to Review Auto Insurance Rate Factors

A consumer advocacy group is urging New York regulators and legislators to undertake a thorough review of rate-making practices by auto insurers in New York. The New York Public Interest Research Group (NYPIRG) said that according to its analysis, some …

N.Y. to Start Licensing Title Insurance Agents

New York’s new budget gives state financial regulators authority to issue licenses to title insurance agents for the first time. Sponsors say the measure is intended to protect consumers and lower costs for New York homeowners. New York State’s Department …

Nebraska Court: Agent Breached Contract but Client List Not a Trade Secret

The Nebraska Supreme Court upheld the finding of a lower court that a crop insurance agent breached the terms of her contract with a former employer when she went to work for another agency. However, in First Express Services Group …