News

Although contingent commissions could represent a conflict in the relationship between producers and consumers, that can be managed.

In a year when most are satisfied with holding their own in a sinking economy, the Applied Systems Client Network reported growth in a number of key areas thanks to the resilience of its volunteer members, the user group's outgoing chair says.

Executives at a major reinsurer at a teleconference before this week's insurance industry meeting in Germany said they see improving conditions for business as demand rises.

The homeowners insurance industry could be in crisis over the next decade if regulators and lawmakers do not allow insurers to charge actuarially sound rates for the business, declared a report from Aon Benfield.

The Independent Insurance Agents & Brokers of New York Inc. said it will host a series of technology-focused workflow solution seminars throughout New York State in November.

Program administrators and managing general agents (PA/MGA) said they view merger and acquisition moves as the way to accelerate top-line growth and capture market share, according to a recent survey.