Agency Management

Professional Insurance Agents of Connecticut Inc. said Howard Olderman was named the group's president at its annual convention in Mashantucket, Conn.

Kathy Baylis wants to buy you dinner. Well, maybe not you specifically. She is more interested in the big shots from up North.

Insurance brokerage Brown & Brown Inc. said it has acquired the insurance agency and brokerage business-related assets of DiMartino Associates Inc. in Seattle. Financial terms were not released.

After last week's health care summit, President Obama and his fellow Democrats have no choice but to go it alone and pass a reform bill, no matter how bad it might be, says NU Editor In Chief Sam Friedman on his blog at www.NUSamSoapBox.com.

Carriers and brokers selling Side-A D&O liability insurance coverage by delivering warnings about the increasing severity of shareholder derivative lawsuits may be overstating the trend, according to one attorney involved in a major case.

With high-profile cases such as ChoicePoint and TJX acting as a lure, plaintiffs' attorneys are increasingly interested in generating class-action lawsuits for data security breaches.