A former lead advisor to the Federal Reserve bank of New York and the U.S. Department of the Treasury on issues related to American Insurance Group Inc. has been tapped as the New York-based insurer’s new head of strategic planning.
Progressive's March results show direct sales of auto policies up 10 percent compared to the same month last year. Agency-generated auto policies were up 4 percent.
The earthquake and tsunami in Japan, as well as other catastrophic events recently, should make it clear to companies that there are no events that cannot be planned for.