Economy News

How To Use Compensation to Boost Sales

Al Diamond is one of the country’s best known agency management consultants. His firm, the Agency Consulting Group, is based in Cherry Hill, N.J. He deals with agencies across the country on issues ranging from operations to mergers to sales …

101 Sales & Marketing Ideas

From … how to research and obtain referrals, why it’s important to listen to clients, what to do with social media, where to advertise and what to say … to how to use a questionnaire, court records, a disposable phone …

Survey: Double Dip Recession Tops Concerns of Europe’s Business Leaders

The potential for a global double dip recession and its impact on trade in Europe, top the list of risks facing businesses according to new research conducted by the Economist Intelligence Unit (EIU) and co-sponsored by ACE. “Recession also creates …

Fortress to Buy Majority of AIG Consumer Finance Unit

American International Group Inc is selling most of its consumer finance unit to Fortress Investment Group at a deep discount and will recognize a $1.9 billion pretax loss as a result. AIG, majority owned by the U.S. government, said Wednesday …

E&S Wrap Up: Broker Mergers, Expansions and Start Ups

As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from launching new wholesale businesses or creating larger ones. Many industry analysts believe …

Oklahoma Halts Plan to Use Cameras to Snag Uninsured

Oklahoma is suspending a plan to use highway traffic cameras to identify uninsured motorists that it had hoped would add some $50 million to the state’s coffers in its first year. The project was put on hold because there is …

Willis Launches PatentWize to Help Manage Intellectual Property Risk

Willis Group Holdings is partnering with Innography to launch Willis PatentWize, an enterprise-wide business intelligence solution that is part of Willis’ overall plan to help companies better manage their intellectual property (IP) risks. Willis said it will offer a comprehensive …

State Auto Reports Net Loss of $26.2M in Q2 2010

State Auto Financial Corp. has reported a second quarter 2010 net loss of $26.2 million versus a net loss of $3.2 million for the second quarter of 2009. State Auto’s combined ratio for the quarter was 115.2 versus 110.6 for …

August 25th 2010 Lunch Discussion: Workers’ Compensation in a Changing Environment and a Challenging Economy

San Diego – The Insurance Brokers & Agents of San Diego along with the Insurance Industry Charitable Foundation of San Diego will be hosting a lunch discussion on August 25th, 2010 with guest speaker Jan Frank, President and COO of …

Midwest Economy: North Dakota Tops Region in Job Growth

The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same methodology as the national survey to consult supply managers and business …