Producers at the educational session of this year's annual meeting of managing general agents were advised on bottom line improvements including captive creation and better internal communication.
To best protect a client's personal property, agents need to be fully aware of the types of coverage offered by a personal articles floater, as well as help clients choose the appropriate limit and tailor the insurance.
A modeling firm which has been projecting pandemic flu impact for the past three years says the current outbreak while growing is unlikely to cause big insurance losses.
Aviation insurance continues to show increases, with April renewal rates showing an overall increase of 4 percent in lead hull and liability premiums, according to Aon's monthly aviation report.
The financially troubled and taxpayer-financed American International Group Inc. last week reported a net loss for 2009's first quarter of $4.35 billion, an improvement from the $7.81 billion net loss in the same period a year earlier.
To paraphraseRicky Ricardo'srepeated warning tohis wacky but lovable spouse in "I Love Lucy," AIG CEO Ed Liddy will have "a lot of 'esplaining' to do" ...
Producers can add value to their services by helping clients understand the implications of the economic and political climate relative to their insurance needs.