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C&S/Colonial merger; AIG, EMC and Marsh all launch new programs; Oracle launches app, Crump sells to BB&T

Independent agents and brokers place the highest priority on getting more insurance carriers to offer real-time interface functionality to ease workflow issues in their agencies, according to a recent Real Time/Download Campaign (www.getrealtime.org) survey.

Independent agents and brokers place the highest priority on getting more insurance carriers to offer real-time interface functionality to ease workflow issues in their agencies, according to a recent Real Time/Download Campaign (www.getrealtime.org) survey.

With the economy impacting the operating budgets of agencies and carriers alike, CSRs are being asked to do more and do it fastera task that requires an effective agency-carrier technology partnership.

Bond insurer Assured Guaranty Ltd filed new claims against JPMorgan Chase & Co over a mortgage-backed security sold by Bear Stearns, saying more than 35 witnesses have come forward to testify about how loans in the $337 million transaction were misrepresented.

EMC Insurance Group Inc. says a record $26.4 million in third-quarter catastrophe losses, combined with a drop in investment income, caused the insurer to report a net loss of $4.1 million for the quarter.

EMC Insurance Group Inc. says a record amount of catastrophe losses will negatively impact operating results for the third quarter.

The Hanover Insurance Group reports a second-quarter net loss of $31.8 million, as the commercial- and personal-lines insurer says after-tax catastrophe losses during the period, mainly from tornadoes, were $103.4 million.