Agency Management

Democratic members of the Texas House delegation yesterday asked their negotiators on health care reform legislation to require a "single, national health insurance exchange" in final legislation--which is opposed by agent trade groups.

Twelve states saw their highway safety ratings slip in the 2010 Advocates for Highway and Auto Safety annual report card as some of the organization's model laws were updated for this year.

Arthur J. Gallagher & Co. said it has named Scott R. Hudson president and chief executive officer of Gallagher Bassett Services Inc.

Insurance agents and brokers should focus on the medical loss ratio benchmark set for carriers in health care reform legislation because that will determine their future commissions.

Lapse of the estate tax as of Jan. 1 has many insurance agencies concerned with inheritance issues, according to one major producer association.

While the Market Barometer composite rate index for property and casualty insurance was down 4 percent at the close of calendar-year 2009, an upswing is predicted by the end of this year.