Agency Management

Practicing what they preach in terms of personal risk management, more than 96 percent of independent agents and brokers responding to a recent online survey said they carried errors and omissions insurance.

American International Group reported a first-quarter profit of $1.45 billion, but its chief executive cautioned that volatility for the company's future earnings lies ahead.

Despite continuing doubts and uncertainties regarding the economy, a noted insurance economist offered some good news to workers' compensation insurers, saying the recovery is self-sustaining and the property and casualty industry will see growth in 2011.

Aon Corp's International Space Brokers said it has launched investment protection insurance, what it calls a game-changing policy for space investors.

The Professional Insurance Agents of New York State Inc. said it has put up a Web page explaining the state's controversial producer disclosure regulation due to go into effect next year.

H.W. Kaufman Financial Group, a privately held group that includes wholesale broker Burns & Wilcox, acquired US-Reports, a Colorado-based loss control inspection, premium audit and risk management services firm.