Declarations

100 Agents

We’ve got a lot coming out in 2012.”

—Jon Beckham, chief marketing officer at South Carolina-based Accident Insurance Co., who said the company is looking to add 100 agents in the 100 days through Oct. 12. AIC hopes to find new agents in 11 states.

Hurricane Season

“Typically we see five or six hurricanes but with the conditions forecast we could see as many as eight to 10.”

—James Elsner, director of the Hurricane Climate Lab at Florida State University.

White Collar

“There’s a reason white-collar attorneys make so much. It’s because insurance pays them.”

—University of Pennsylvania Law School Professor Tom Baker on insurance for News Corp. executives.

Surplus Change

“Some 90-95 percent of surplus lines risks probably are single state risks and are not going to change under NRRA.”

—Richard Bouhan, executive director of the National Association of Surplus Lines Offices, calming agent and broker concerns over the implementation of the new federal surplus lines law.

Topics Agencies