Latest Retail Headlines

All the headlines from our Retail Topic Page, ordered by recency.

Growth Determines Retail, Wholesale Broker’s Value

Sep 20 2004 // Sustaining Progress in a Changing Rate EnvironmentThe wind has been at the back of insurance agents and brokers for the past several years and has resulted in smooth sailing. Organic growth rates have been in double digits...

Convenience Stores

Aug 23 2004 // Nuts & Bolts: Cascade/Amstar is offering a new market for convenience stores including gas and propane sales. Package coverage is available, maximum fire legal limit: $100,000; gas sales must be less than 50 percent...

Swett & Crawford Forms Professional Services Division

Jul 19 2004 // The Power of Many Specialists Rolled into OneWith the softening market at the front door of the insurance industry, brokers in the wholesale industry have been scurrying about to prepare for the inevitable dawn of hard...

Business Made Easy Integrated Technology Solutions Key to Success

May 17 2004 // Just what are independent agents looking for when it comes to technology?That was the question posed to a number of industry experts who all seemed in agreement—in order to compete in today’s workplace environment,...

Rates Hold Steady at 9 Percent for March

Apr 12 2004 // MarketScout (www.marketscout.com) recently released its industry barometer for March 2004. According to Richard Kerr, chairman and CEO, “Rates are holding steady at 9 percent for the month of March. In a related...

Relationships Are Everything When Working With MGAs

Feb 23 2004 // Managing general agents need retail insurance agents; retail agents need MGAs. That much is true. So, given this reciprocal professional dependence, why are working relationships between these two groups sometimes burdened...

Connecticut Retail Merchants Endorse OneBeacon

Jan 30 2004 // OneBeacon Insurance Group LLC, a wholly owned subsidiary of Bermuda-based White Mountains Insurance Group, Ltd., announced that it has been endorsed by the Connecticut Retail Merchants Association (CRMA) as its preferred...

IIAT, TSLA Release Joint Best Practices Study

Jan 26 2004 // Two Texas insurance organizations released a study recommending best practices for business relationships between wholesalers and retailers at the Joe Vincent Management Seminar in Austin.The study, Best Practices for...

Federated Department Stores Selects ROES As New EDI Vendor

Dec 18 2003 // Federated Department Stores, Inc., has selected ROES’ Workcomp.net EDI software for state injury reporting. Red Oak E-Commerce Solutions, Inc. (ROES) is a leader in Internet based EDI claim reporting...

TSLA, IIAT Gear Up for Joint Initiative

Dec 15 2003 // At the Texas Surplus Lines Association 2003 Annual Meeting held in Austin Nov. 16 and 17, Jim Berger, president of the Independent Insurance Agents of Texas announced that the two groups are working together on an...

IIAT, TSLA Share Views on Good Working Relationships

Nov 24 2003 // Retail and wholesale insurance agents need to work at maintaining good relationships with each other to ensure the best workflow between the two industry sectors. According to the Independent Insurance Agents of Texas,...

AAMGA Reflects on Prosperous Year, Plans for the Future

Nov 3 2003 // The American Association of Managing General Agents (AAMGA) will hold its mid-year meeting at the Phoenician Resort & Spa in Scottsdale, Ariz., on Nov. 13-15. At the heart of this year’s meeting will be several...

Mass. Retailers Association Endorses OneBeacon

Sep 23 2003 // Boston-based OneBeacon Insurance Group LLC, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. announced that it has received the endorsement of the Retailers Association of Massachusetts (RAM) and its...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone.A restrictive market, high minimum premiums and tighter...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone.A restrictive market, high minimum premiums and tighter...

Brown & Brown Makes Management Changes

Nov 15 2002 // Florida’s Brown & Brown Inc. announced that its Board of Directors elected Jim W. Henderson as president and COO of the company. At the same time, Linda S. Downs, regional executive vice president, was tapped to...

E-Commerce Capabilities Becoming Critical Industry Tool

Aug 19 2002 // As wholesalers and managing general agents (MGA’s), we often serve our insurance retailers by offering contract programs where we have been “given the pen” and are allowed to underwrite and bind business...

E-Commerce Capabilities Becoming Critical Industry Tool

Aug 19 2002 // As wholesalers and managing general agents (MGA’s), we often serve our insurance retailers by offering contract programs where we have been “given the pen” and are allowed to underwrite and bind business...

‘B++’ Assigned to La. Retailers Mutual

Jul 8 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...

‘B++’ Assigned to La. Retailers Mutual

Jul 8 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...