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The Washington Group adds new Korean sales team, other staff

The Washington Group has expanded its locations, staff and offerings, including the creation of a sales team to focus on the Korean market. The new Korean market sales team is being led by Phil Cho, a...

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Red Flag Rule on ID theft takes effect, with narrower application

Fewer businesses appear to be affected by the new federal Red Flag Rule, which took effect Dec. 31, 2010. For more than two years, insurance industry trade groups and others have been wrestling with...

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Agents say their state’s insurance regulation is ‘excessive’

The level of insurance regulation in the state where insurance agents and brokers do business is greater than necessary, a majority of respondents reported in the latest IFAwebnews.com poll. Exactly...

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Aligning group benefit, 401(k) agencies with payroll firms

In today’s competitive business environment, companies are always looking for ways to bring added value and services to their customers. However, this desire for differentiation, market share and new...

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Insurance agencies trimming staff as commission cuts take toll

The effect of cuts to health insurance agent and brokers’ commissions from federal health reform may spread to their offices, according to a new survey. About 13% of agents experiencing reduced...

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Health reform’s cost trickling down to insurance agency staffing

The trickle-down effect of new federal health reform is becoming evident, as insurance agency owners are admitting that they have either cut or are considering making cuts to their staffing. What else...

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Md., Pa., Mass. agencies join The Iroquois Group

Several local insurance agencies have recently joined The Iroquois Group, according to the network of property-casualty insurance agencies. In Maryland, Business Insurance Associates, operated by...

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