Operations News

Farmers Insurance Upgraded to A+

A.M. Best Co. has upgraded the financial strength rating of the Farmers Insurance Group to A+ from A. The rating applies to the 18 members of the group and acknowledges Farmers Insurance Group as a core and integral operation of …

Keeping the Bugs Out of Your System

For those of you who keep archives of Insurance Journal, you’ll notice that almost one year ago (to the day of writing, actually) I wrote a column talking about viruses and worms. Creepy, isn’t it. At the time, I was …

Technology is Your Slave, Not Your Master

The exhibit hall at the ACORD Technology Conference in Orlando last month would have made your head spin. On the one hand, technology is increasingly complex and sophisticated. On the other, it becomes easier when you keep the focus on …

2000 Outstanding CSR of the Year State Award Winners Announced

The Society of Certified Insurance Service Representatives and the Society of Certified Insurance Counselors have announced the selection of the state winners of the 2000 Outstanding CSR of the Year Award. The award originated in 1991 to recognize the contributions …

InsWeb to Expand Online Agency Operations

InsWeb Corp announced planned expansion of its online insurance agency operations and implementation of a variety of cost-cutting measures. Mark Guthrie, COO of InsWeb, was promoted to also serve as president of the company, in which capacity he will assist …

Brown & Brown, Inc. Acquires Bowers, Schumann & Welch

Brown & Brown, Inc. has acquired Washington, N.J.-based Schumann & Welch. The transaction was effective June 1, 2000. Bowers, Schumann & Welch is a commercial lines insurance agency with offices in Washington, New Jersey and Bethlehem, Pennsylvania. The agency management …

Who’s Who Across Texas: Local Associations at Work

Its grass roots girth is what makes the independent Insurance Agents of America such a powerful lobbying entity and enduring organization. Its bottom layers, constructed of local associations across the nation, includes agents from both metropolitan and rural areas. Texas …

Agent Indemnification: How Not to Get Burned

Once in a blue moon, the Supreme Court of Texas decides a case that squarely pertains to insurance agents. On April 20, 2000, Justice Alberto Gonzales, writing for a unanimous court, decided an odd one, with potential significance. It concerned …

Hilb, Rogal and Hamilton Co. Enters Pacific Northwest Market

Hilb, Rogal and Hamilton Company has acquired substantially all of the assets of Granite Insurance Services, an insurance agency in Portland, Oregon. The acquisition establishes HRH’s initial presence in the Pacific Northwest as an insurance broker for middle-market businesses. In …

Frazier Finds Ultimate Success as ‘Small Agent in a Small Town’

In his nearly 50 years in the insurance industry, George Frazier never expected to receive an award from the President of the United States. That the President would be his boyhood friend from Arkansas, Bill Clinton, was even further fetched. …