Business Services Industry
A/BT Briefs.
Business Insurance, May, 2002
CIAB increases revenue minimum WASHINGTON-The Council of Insurance Agents & Brokers is raising its minimum annual revenue requirement for membership. Effective July 1, council members must generate at least $4 million in annual revenues, up from $2.5 million. In a statement, John Van Osdall, the chairman of the Washington-based association, said the move ``will keep our association true to its 89-year tradition of representing only the top 1% of all brokers in the industry.'' Insurers launch direct mail portal NEW YORK-Allmerica Financial Corp.'s two regional property/casualty insurers-Citizens Insurance Co.
of America and The Hanover Insurance Co.-recently launched an Internet-based direct mail portal for its independent agents. The portal enables...
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