Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton Group’s biannual Compensation Survey. Some 2.3 million …
So I come across an e-mail or a site that tells me that if I subscribe to a Hewlett-Packard e-newsletter, that I’ll get a $10 gift certificate to Amazon.com. Now, you know me, I can’t pass up free money when …
Millions of small businesses stand to benefit from the just-enacted Restoring Earnings To Lift Individuals and Empower Families (RELIEF) Act, which institutes changes that will lower tax bills and help perpetuate family-owned enterprises, according to Independent Insurance Agents of America …
On May 29, Atlanta-based ebix.com struck a deal with Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance. Under the terms of the deal, Esurance will offer instant online auto insurance quotes to ebix.com clients in more than …
A multi-million-dollar class-action lawsuit has been authorized by the board of directors of the National Auto Agents Alliance (NAAA) Board against several insurers. The lawsuit questions the legality of insurers reducing agent’s compensation expenses without reducing charges to consumers. The …
CNA Global Specialty Lines (GSL) recently announced their new, Employment Practices Liability Risk Management Services program. This program provides easy access to both legal and human resources consultants and information to help reduce exposures to costly employment litigation and claims. …
The insurance brokerage and financial services distribution company Alliant Resources Group Inc. announced its acquisition of San Diego-based Robert F. Driver Co. Inc., one of the largest independent insurance brokerage firms on the West Coast. Driver Chairman and CEO Tom …
It was a new year, a new administration, and a new round of visits on Capitol Hill. Although not as critical a legislation year as past years, the issues remained as pressing as ever, and the 800 attendees of the …
Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton Group’s biannual Compensation Survey. +20% CT DC …
Riskclick Inc., a provider of collaborative computing software for the risk and insurance industry, announced that it had received 2001 ACORD XML Implementation Champions Awards for its industry leading implementation of ACORD’s Large Commercial Lines XML standards. Riskclick supports the …
