Agency Management

Terry Reams was named the chief operating officer of St. Louis-based insurance and risk services agency WFL, one of four appointments the firm recently announced.

There won't be significant premium growth until this moribund economy gets going again, but should government print more money to make that happen, wonders NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

With tornadoes last week in the Midwest and fires in Arizona this week, 2010 is shaping up to be a busy year disaster wise for insurers, with one incident already getting a catastrophe designation.

Few large U.S. employers are acting early to remove caps on health plan reimbursement totals.

Willis Group Holdings plc said it has opened an office in Kazakhstan, the third such office the insurance broker has opened in the former Soviet Union.

Current market conditions may be the "new normal"--lasting for several years-- industry leaders predicted recently, with one attributing the continued softness to the absence of American International Group's historical price leadership.