Agency Management

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. says it has acquired Mortgage Insurance Agency, Ltd. in Crystal Lake, Ill.

Allstate’s plan to acquire online direct insurer Esurance could benefit Progressive in part because of an expected cutback in advertising, according to a financial analyst.

A National Association of Insurance Commissioners task force said it will support House legislation that would remove agent commissions from the medical loss ratio.

Pennsylvania has extended workers’ compensation coverage to allow officers of a limited liability company and partnerships to obtain the insurance.

Pennsylvania has extended workers’ compensation coverage to allow officers of a limited liability company and partnerships to obtain the insurance.

Almost half of Internet users age 16 and older—48 percent—are worried about companies checking their actions on the Internet, according to a recent survey by USC Annenberg School for Communication & Journalism as part of the Digital Future Project.

In mid-June Allied World Assurance Co. Holdings AG and Transatlantic Holdings Inc. announced a $3.2 billion merger deal, creating a global specialty insurer and reinsurer operating in 18 countries and on six continents.

Although U.S. workers are notorious for not taking as much vacation time as their European counterparts, 24 percent of respondents in a recent survey said they can’t afford to take vacation in 2011, up from 21 percent last year.