Agency Management

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.

Yesterday's article "Marsh & McLennan Agency Acquires Bostonian Group," incorrectly listed Insurance Alliance as Marsh & McLennan Agency's second acquisition. It was the fourth acquisition. Bostonian Group is MMA's fifth acquisition.

The world of insurance journalism lost one of its most talented and dedicated players with the retirement last week of Steve Piontek, editor of NU's life and health insurance edition, says NU P&C Editor Sam Friedman in his blog at www.NUSamSoapBox.com.