Agency Management

Reader response to my June 14/21 column about the latest brouhaha over disclosure of producer compensation ("Don't Ask, Don't Tell?") was fast and furious.

The former CEO of AIG's Financial Products Division said the collateralized debt obligations that undermined the company's financial foundation and prompted a government bailout should not have caused the losses they did.

Reinsurers are increasingly questioning the sustainability of a good casualty claims environment, and their dimmer views of future profit margins on primary business are putting them at odds with potential cedents.

For those of you who would rank NU Editor Sam Friedman's blog among the best in the insurance industry, find out how you can comment on his nomination for a spot among the elite by going to www.NUSamSoapBox.com.

Crop insurers said late Thursday the industry and the crop insurance program will be able to "withstand" the severe cuts in subsidies imposed on the program by the Agriculture Department.

Brown & Brown Inc. said its subsidiary, Brown & Brown of South Carolina Inc. has acquired Charleston, S.C.-based insurance broker Commonwealth Insurance Group, LLC.