NU Online News Service, March 2, 1:14 p.m. EST
ASCnet (Applied Systems Client Network) said it plans to relocate its headquarters by the end of this year after it has found a permanent chief executive officer.
In a statement, ASCnet Chair Lisa Parry Becker said plans call for the Altamonte Springs, Fla., automation standardization and technology assistance group to relocate to suburban Chicago reflecting unprecedented challenges the group has been facing.
"Like many other associations, ASCnet is facing financial pressures," she said, noting the soft property and casualty market and depressed economy taking a toll on agencies and brokers that are a source of the association's revenues.
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