With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions experts. But the experts at …
Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said he’s “very bullish” about …
With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions experts. But the experts at …
California Insurance Commissioner Steve Poizner has rejected – for the third consecutive time – a workers’ comp rate filing submitted on behalf of insurers by the Workers’ Compensation Insurance Rating Bureau (WCIRB) seeking a 27.7 percent rate increase. “I will …
Get on the Bandwagon “You’re not going to get any more mortality (business) with the things you’re doing now.” —Douglas French, managing principal of Ernst & Young’s insurance advisory practice, recently told Reuters that most insurers are missing business opportunities …
Performance Benchmarks Help Agencies Measure Success There are a lot of performance benchmarks to focus on to become a top performing insurance agency and to achieve high profitability. One of the areas agencies need to focus on is compensation expenses. …
Spain will not be next in line for a rescue package from Europe, but a common economic policy is needed to support a single currency, Spanish Economy Minister Elena Salgado told BBC Radio on Friday. Salgado also said Spain would …
American International Group is considering another debt offering after the success of its $2 billion sale earlier this week, Chairman Steve Miller said on Thursday. In an interview at The Deal’s Deal Economy conference Miller said, “Well, we’re having second …
A construction boom has been under way at grain elevators across the Great Plains, where farmers have grown more corn and opted to keep more of the grain to meet the demand from ethanol plants. Storage capacity at the nation’s …
Top global insurance broker Aon Corp. looks to grow over the next couple of years on the back of improved pricing and a recent key acquisition, which appears to be attracting smart investors to the stock. While some analysts see …
