Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Former Southern California Insurance Broker Found Guilty of Stealing Premiums
Dec 23 2015 // Mia Chang, 51, former insurance broker and owner of Lotte Insurance Services in Southern California, was sentenced for felony insurance fraud and grand theft. Moments after her arrest Chang returned $19,218 in stolen...
Why Specialist Brokers Need to Become Content Marketers: Commentary
Dec 22 2015 // If you’re only an occasional consumer of marketing advice, you might think it’s crucial to learn everything there is to know about analytics and Big Data to effectively promote yourself and your brokerage....
Wells Fargo Renews Hunt for Insurance Brokerages to Buy
Dec 21 2015 // Wells Fargo & Co is restarting efforts to expand its insurance brokerage business through acquisitions after previously announced M&A aspirations did not pan out. Laura Schupbach, executive vice president and head...
Indiana High Court Allows Negligence Claim Against Agent
Dec 21 2015 // Indiana’s high court has confirmed a lower court’s summary judgment favoring a property insurer that denied a homeowner’s claim after discovering that misleading information about the condition of the...
Austin Agents Honor Ladner with Distinguished Service Award
Dec 17 2015 // The Independent Insurance Agents of Austin (IIAA) honored Gerald Ladner, State Auto’s Western Region president, with its Distinguished Service Award for 2015. Ladner won a similar award from the Independent Insurance...
Commercial Broker Trade Group CIAB Adds 4 to Staff
Dec 16 2015 // The Council of Insurance Agents & Brokers (CIAB) announced four additions to its association staff. John P. Fielding is joining as in-house general counsel. Fielding has spent the last nine years with the law firm...
Integro Acquires UK’s Entertainment Insurance Partners Limited
Dec 15 2015 // Global insurance brokerage and risk management firm Integro Insurance Brokers Holdings Ltd. announced that it has acquired London-based Entertainment Insurance Partners Limited (EIP), the parent company of Robertson Taylor...
7 Simple Underwriting Questions Nobody Asks
Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...
Nationwide Launches New Online Quoting System for Small Business Agents
Dec 11 2015 // Nationwide is launching FastPath, a quicker commercial quoting system for insurance agents serving small-business clients. Features of FastPath include: Faster quoting with an average of 80 percent fewer...
North Dakota Agent Told to Stop Operations
Dec 10 2015 // A Bismarck, N.D, insurance and securities agent has been served a cease and desist order for allegedly accepting money from clients and issuing them fraudulent certificates of deposit. North Dakota Insurance Commissioner...
Financial Firms Hope to Use Spending Bill to Stall Retirement Advisor Rules
Dec 9 2015 // Wall Street may get one more shot to derail rules championed by the White House that would put tighter restrictions on brokers who advise Americans on saving for retirement. While financial firms trying to kill the...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
Tennessee Agencies Paid $430K by CSX for Train Derailment
Dec 9 2015 // CSX Transportation has paid over $431,000 to local agencies since a train carrying hazardous material derailed and caught fire in eastern Tennessee earlier this year. Officials with the Blount County mayor’s office,...
Insurance Lies Clients Believe – And Pass on to Others
Dec 7 2015 // Myths, legends and lies are hard to dispel and correct, especially when doing so appears to financially harm the teller or believer. If the myth is true, the client (the teller/believer) does not need to purchase the...
New Credit Card Chips Shift Liability to Retailers
Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...
Why Specialist Brokers Need to Become Content Marketers
Dec 7 2015 // If you’re only an occasional consumer of marketing advice, you might think it’s crucial to learn everything there is to know about analytics and Big Data to effectively promote yourself and your...
Insurance Company Profitability
Dec 7 2015 // The past 10 years has been incredibly profitable for insurance companies. Net income for the industry – that is net, not pretax – has equaled $448 billion; that’s almost half a trillion dollars. It is not chump...
Massachusetts Agents Have Over $1B Financial Impact on State
Dec 7 2015 // Eight years after the introduction of managed competition for private passenger auto insurance and the influx of direct writers and direct response companies into Massachusetts, a new study commissioned by the...
Indiana High Court Allows Negligence Claim Against Agent
Dec 4 2015 // Indiana’s high court has confirmed a lower court’s summary judgment favoring a property insurer that denied a homeowner’s claim after discovering that misleading information about the condition of the...
Kuckenbaker Joins Brokerage Team at SierraSpecialty in California
Dec 3 2015 // Patricia Kuckenbaker has been named a surplus lines broker with SierraSpecialty’s team in Clovis, Calif. Kuckenbaker will be operating throughout the Western U.S. Her specialty is brokering contractors and...
