Agency Management

Rates in the transportation insurance segment continued to level off through the 2009 first quarter, even as the number of new entrants increased, according to a new survey.

Cuts to the Terrorism Risk Insurance Act proposed by the Obama administration would do serious harm to the availability of terrorism insurance, a report from insurance broker Aon said.

Despite continued increases in health insurance costs, few employers are considering getting rid of the programs, viewing them as an important employee benefit, a survey from the Council of Insurance Agents & Brokers found.

A hard insurance market may not be on the horizon any time soon, according to wholesale line executives, but no signs of pessimism were evident among attendees of this year's meeting of the American Association of Managing General Agents.

The installation of defective Chinese drywall in Southeastern homes brings up liability issues, but potentially impacted contractors and suppliers haven't seen their accounts moved out of the standard lines market.

Insurance agencies seeking to upgrade their technology systems should not only consider the needs of clients and insurance carrier partners, but must also collaborate with their producers and support staff to assure a smooth, successful transition.

Independent agencies that do an outstanding job selling insurance and providing risk management services for their clients are invited to enter the 2009 National Underwriter "Commercial Insurance Agency Of The Year" award program, with entries due July 13

Crop insurance remains a stable ship in a sea of turbulence, according to industry officials.