Agency Management

The debate over disclosure of broker compensation has taken an ugly turn in New York, and the next battleground will be not just a court house, but the court of public opinion, warns NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

The current management team's contract with the American Association of Managing General Agents has been renewed, keeping its present executive director and director of operations in place indefinitely.

The new coalition government leading the U.K. needs to act decisively to spur an economic recovery and must clarify any new approaches to regulation to facilitate a healthy and growing British insurance industry.

Independent agencies only have one more month to prepare for the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.

Officials with AAMGA expressed confidence that few changes would be made in the surplus lines elements of financial services regulatory reform as the House and Senate work out differences in their respective bills.

A leader's ability to communicate effectively involves more than just giving instructions clearly--it also means inspiring and earning commitment from others, in part by being open to bad news, a business professor warned managing agents meeting here.