Massachusetts Gov. Charlie Baker has appointed Todd R. Johnson, senior vice president and property-casualty practice leader of the USI Insurance Services’ (USI) Massachusetts offices located in Woburn, Needham and West Springfield, Mass., to a two-year term as chairman of the …
Growing a successful agency isn’t always easy in today’s world. While you likely created a business plan when you first launched your insurance agency, you might not have looked at it recently. As the insurance industry grows increasingly competitive, your …
Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and the new U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a new Allianz …
Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published by Stroz Friedberg, an Aon …
Technology companies and traditional auto manufacturers are racing to deploy fully automated cars without driver controls within the next three or so years. Their immediate goal is to develop fully autonomous vehicles that provide taxi-like services within limited urban and …
An insurance agency executive’s control of commercial lines growth is classically limited to encouraging producers to write new accounts. That is good of course, but the organic growth experienced by most independent insurance agencies is more dependent on factors outside …
2017 will mark the tipping point in agents’ efforts to adapt to the digital marketplace. Agents are no longer talking about why they should become “digitally- savvy” but how best to do it. Agents are also concentrating most on two …
The environment for employment litigation has more than ever been shaped by Supreme Court judges and settlements for wage and hour class actions rose in 2016 while those for other employment-related claims fell, according to a new report. The Workplace …
AIG, Arch Capital American International Group (AIG) has completed the $3.4 billion sale of its mortgage guaranty unit to Arch Capital Group. The deal to sell United Guaranty Corp. closed on December 31. AIG has been reorganizing and streamlining in …
Setting the Tone “New York, like California, Illinois, Delaware and a few other states often sets the tone for development of regulation and law. There is no reason other states won’t follow suit, especially in light of New York’s decision.” …
