broker

National Brokerage Consortium (NBC) Endorses AgencyWorks

July 14th, 2009

After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members.
According to NBC Secretary Pete Caneer, “In world, insurance companies are looking for efficiencies from the national marketing organizations (NMOs) they deal with. If an NMO adopts a [...]


Hughes Insurance Support ‘Redlined’ Newry Motorists Who Are Refused Motor Insurance

July 10th, 2009

Hughes Insurance, the largest independent broker for car insurance in Northern Ireland, has recorded a number of incidents where motorists have had their insurance policy renewal declined by their existing provider. The incidents indicate that certain insurance providers are ‘redlining’ specific areas in Northern Ireland – including Newry.
‘Redlining’ is the practice of denying services, such [...]


The Lifeline Program’s Wm. Scott Page to Host Life Settlement Portfolio Aggregation Workshop at Insurance Linked Securities Summit July 15

July 9th, 2009

Wm. Scott Page, president and CEO of The Lifeline Program, will host a workshop on “Successful Life Settlement Portfolio Aggregation” at the 6th Insurance Linked Securities Summit (www.ilsbermuda.com) being held July 15-17, 2009 at the Fairmont Southampton resort in Bermuda. Sponsored by the International Quality and Productivity Center (IQPC), the summit draws top professionals in [...]


Travelers Broader Protection for Directors & Officers Is a Plus

July 8th, 2009

In unpredictable economic and financial environment, directors and officers, now more than ever, realize the need for personal asset protection. Travelers Bond & Financial Products introduces its enhanced Broad Form PLUS+SM Directors and Officers Liability policy. When other sources of indemnity are unavailable or unable to respond, this policy offers superior personal asset protection for [...]


Staveley Head: Electric Powered Vans Is the Way Forward Says the Dept. for Transport

July 6th, 2009

Transport Secretary Andrew Adonis has announced a Pounds Sterling 20 million DfT scheme to provide public sector organisations with electric powered vans in order to demonstrate the potential of new technologies for decarbonising road transport. Up to 150 vans will be distributed later this year between six local authority groups across the country and six [...]


Northwestern Mutual is One of the ‘Best Places to Work in IT’

June 17th, 2009

Northwestern Mutual that the company is one of the top workplaces for information technology (IT) professionals for the fourth year in a row. IDG’s Computerworld, the leading source of technology news and information for IT influencers worldwide, included Northwestern Mutual in its annual Best Places to Work in IT survey, which was published in the [...]


U.S. Bancorp Announces Quarterly Dividends

June 17th, 2009

The board of directors of U.S. Bancorp has declared a quarterly dividend of $0.05 per common share, payable July 15, 2009, to shareholders of record at the close of business on June 30, 2009. At this quarterly dividend rate, the annual dividend is equivalent to $0.20 per common share.
In other actions, the board of directors [...]


XL Insurance Teams Up With National Indemnity To Provide ‘Side A’ Directors & Officers Coverage

June 9th, 2009

XL Insurance, XL Capital Ltd’s global insurance operations, announced a new agreement with National Indemnity Company (”National Indemnity”), an insurance company subsidiary of Berkshire Hathaway Inc. Under this agreement, and its related reinsurance agreement, National Indemnity will issue endorsements to “Side A” Directors & Officers policies.
“Given today’s business climate, we believe that this enhanced ‘Side [...]


Allied World’s Tom Rocca to Speak at American Public Transportation Association Risk Management Seminar, June 9, 2009

June 4th, 2009

Allied World Assurance Company (U.S.) Inc., a member company of Allied World Assurance Company Holdings, announced that Tom Rocca, Assistant Vice President, General Casualty, Brokerage, will be participating in a panel at the American Public Transportation Association (APTA) Risk Management Seminar to be held on June 7-10, 2009 in San Jose, California. The panel, taking [...]


Brookdale Enlists Golden Gateway Financial to Help Seniors Leverage Life Settlement, Fund Senior Living Alternatives

June 2nd, 2009

Brookdale Senior Living, the largest owner and operator of senior living communities, today announced that it has selected Golden Gateway Financial, a comprehensive financial resource for seniors and retirees, as a preferred provider of life settlement solutions for current residents and those seniors seeking a better retirement lifestyle.
Today’s older Americans are increasingly feeling the economic [...]