They're the perfect party places for teens, safe havens for vagrants, or in some cases, havens of criminal activity. They're attractive to many people up to mischief because of all things, they're
While merger and acquisition deals between managing general agencies and wholesale brokers are becoming commonplace, a key component, the specialty carrier, is sometimes left out of the equation
A basic duty of an insurance agent or broker is to provide requested coverage within a reasonable time period, but the duty doesn't exist until the producer agrees to procure the coverage, a court
Selling out may seem like a lucrative plan for program managers being wooed by carriers, but those who sign on to high-priced acquisition deals risk killing their entrepreneurial spirit, some veteran
Brokers considering mergers and acquisitions should expect the process to take several months, according to experts in the field, who also recommend they seek experienced consultants to coach them
Insurers pouring into the medi-spa liability market need to be wary of the potential for seemingly harmless cosmetic procedures to disfigure underwriting results with claims that can range from laser
A basic duty of an insurance agent or broker is to provide requested coverage within a reasonable time period, but the duty doesn't exist until the producer agrees to procure the coverage, a court rul
The purchase value for an insurance agency or brokerage firm is expected to drop in 2008 as soft market pressures and the supply and demand dynamics shift to benefit buyers, an agency consulting firm
The New York Insurance Department said it will hold a hearing June 13 to look into a possible rules change that would make it easier for brokers to obtain coverage for certain classes of difficult-to-
Risk managers are sitting pretty right now, enjoying the fruits of a softening commercial insurance market. However, buyers should beware not to party too hard celebrating today's falling premiums