Agency Management

A state audit released in January could spark a fierce legislative battle this spring and raises additional concerns about the viability of both Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund (Cat Fund).

A small independent agency bases its success on customer service and employee education.

This year's insurance market prices should remain soft but relatively stable, just as they were in 2009, officials from Marsh predicted in a report released last week.

A recent salary and workplace e-mail survey with Florida Underwriter readers produced a remarkably good return rate (more than double the industry average) and answers that were enlightening and, at times, surprising.

Merger and acquisition activity among insurance brokerages in 2009 dropped 40 percent over the previous year due to a generally tough economic environment and other factors, an investment banker reported.

There has long been a prevailing theory in the disability income (DI) industry that during recessionary economic times, it is easier for consumers to see the real impact of a loss of income.