Claims News Service, Sept. 4, 3:57 p.m. -- Having barreled its way through the Bahamas, Tropical Storm Hanna is headed for the U.S. coast. In anticipation of the storm, North and South Carolina as
Over the weekend, London's Sunday Telegraph as well as Reuters reported that New York-based Marsh & McLennan planned to make a counterbid for Benfield, after Chicago-based insurance broker Aon said la
Over the weekend, London's Sunday Telegraph as well as Reuters reported that New York-based Marsh & McLennan planned to make a counterbid for Benfield, after Chicago-based insurance broker Aon said la
Florida is -- hands down -- the single largest market for community association insurance in the nation. It is estimated that the state has over 65,000 community associations, and there is no slowdown
Much is written about agencies failing to internally perpetuate because owners wait too long to start the process. They may have dreams of "the troops" carrying on, but when the time comes to turn
Mergers and acquisitions of independent insurance agencies continue at a rapid pace. Can anyone truly rationalize today's valuations by private investors, roll-up firms or Wall Street money?But most
Merging two agencies is tough enough--but when a merger involves blending three established businesses, the odds against success are even higher. In 1998, three Long Island, N.Y., agencies decided to
Frustration with a local wholesale broker in his Louisiana hometown was one of the sparks that set NAPSLO's incoming president--then a retail agent--on a course to build a wholesale brokerage and
Florida Insurance Commissioner Kevin McCarty said in a statement that he has received the latest rate filing from the National Council on Compensation Insurance for rates that would become effective n
Every once in awhile in the world of investment banking, an idea is born that creates unexpected wealth. Unfortunately, not all innovations have positive long-term consequences, as witnessed by the