Agency Management

The Professional Insurance Agents of New York State Inc. said it has named David Louie its Industry Professional of the Year.

Arthur J. Gallagher & Co. said it has named Scott R. Hudson president and chief executive officer of Gallagher Bassett Services Inc.

Democratic members of the Texas House delegation yesterday asked their negotiators on health care reform legislation to require a "single, national health insurance exchange" in final legislation--which is opposed by agent trade groups.

Twelve states saw their highway safety ratings slip in the 2010 Advocates for Highway and Auto Safety annual report card as some of the organization's model laws were updated for this year.

Insurance agents and brokers should focus on the medical loss ratio benchmark set for carriers in health care reform legislation because that will determine their future commissions.

When contractors are in the market for insurance, they may focus solely on cost and coverage level.