Agents & Brokers News

News Currents

Marsh to accept contingent pay as MGA In a departure from their $850 million agreement prohibiting all contingent payments, New...

An assault on compensation agreements

Both the Independent Insur-ance Agents of Oklahoma and the Independent Insurance Agents of Texas reported they have joined other agent...

Rates are softening

As the surplus lines world turns to another year of soft market conditions, specialists and innovators may be the ones...

People and Places

American International Group Inc. named Nicholas J. Ashooh as senior vice president of communications. Ashooh succeeds John T. Wooster Jr....

Declarations

No requirement “Although the court concluded that the commissioner has the authority to implement an assigned risk plan, the decision...

People RISC, based in Dallas, promoted Beth Winstead to senior vice president in its Brokerage Department. Winstead joined RISC in...

Cultivating a management mentality

A common misconception among agency owners who began their careers in sales is the belief that agency management and sales...

New Markets

Mining Program Nuts & Bolts: Casualty & Surety Inc. (CSI), a specialty MGA, has been granted underwriting authority for a...