Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Atlantic Specialty Lines Announces New Office in Saratoga Springs, NY
Oct 1 2014 // Saratoga Springs, NY, October 1, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, professional, and personal lines coverages, continues its...
Wisconsin’s M3 Insurance Named an IIABA Best Practices Agency
Sep 30 2014 // M3 Insurance, based in Madison, Wis., announced it has been named a 2014 Best Practices Agency by the Independent Insurance Agents and Brokers of America (IIABA). M3 is one of only 206 insurance agencies from across the...
North Carolina Big ‘I’ Names Georgia’s Knight As CEO
Sep 30 2014 // The Independent Insurance Agents of North Carolina (IIANC) has named Aubie W. Knight as its new chief executive officer. Knight, currently CEO of a neighboring Big “I” association, the Independent Insurance...
Securities Brokerages Free to Be Uninsured for Legal Awards
Sep 29 2014 // The industry group that regulates securities brokerages has decided it cannot force firms to carry insurance for payment of awards granted by arbitration panels or courts to customers who have lost money, a spokeswoman...
Lloyd’s Chairman Nelson on Reinsurance Market, Coverholders, Future Expansion
Sep 29 2014 // Lloyd’s Chairman John Nelson is pleased with the current state of the Lloyd’s market. Shortly after Nelson was interviewed at the Reinsurance Rendezvous in Monte Carlo, Lloyd’s announced a $1.67 billion...
Agents Group to Hold Forum for Kansas Insurance Post Candidates
Sep 28 2014 // The candidates for Kansas insurance commissioner are having a forum in October in Wichita. The event is Oct. 17 at the Wichita Marriott hotel and is sponsored by the Kansas Association of Insurance Agents. The forum is...
Former Oklahoma Insurance Agent Arrested for Fraud
Sep 25 2014 // An investigation by the Oklahoma Insurance Department’s Anti-Fraud Unit has led to the arrest of former insurance agent Nathan Sullivan, Jr., 47. Sullivan is accused of defrauding a Weatherford woman out of more than...
New York Requires State Agencies to Consider Extreme Weather
Sep 24 2014 // New York state agencies are required to consider the future likelihood of extreme weather in their decisions on public works projects, industrial and commercial permits and regulations, according to a new law signed...
Guy Carp’s Vice Chairman Explains Multiple Tasks of a Modern Reinsurance Broker
Sep 24 2014 // Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the...
In NYC, Pedestrian-Cyclist Crash Deaths as Rare as Lawsuits
Sep 23 2014 // Jill Tarlov’s death from a collision with a cyclist in Central Park last week was a New York City rarity, as are lawsuits after bikers ram pedestrians. From 1996 to 2005, 11 pedestrians across New York City died...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
Willis North America Beefs Up Cyber Risk Practice with 6 Appointments
Sep 22 2014 // Willis North America has reinforced its cyber risk management and insurance services with several appointments to its FINEX Cyber/E&O Practice. The following individuals will focus on Willis’ national and...
Contractors and the CGL Policy’s ‘Your Product’ and ‘Your Work’ Exclusions
Sep 22 2014 // Dear Contractors: The wall you just built may not be covered by your insurance the way you think it is. This is because although the commercial general liability (CGL) policy may cover bodily injury or property damage to...
E&O Insights: How Well Do You Know Your Workers’ Compensation Risk?
Sep 22 2014 // The workers’ compensation class of business results in upwards of 10 percent of all errors and omissions (E&O) claims every year. While this may not seem like a lot, it is a class agents must be sensitive to for...
Insuring Products of the Mind
Sep 22 2014 // The rapid growth in patent infringement litigation in 2013 – almost 6,500 cases, or an increase of 25 percent over 2012, according to PricewaterhouseCoopers – might appear to be a strong motivator for at-risk...
Agent Steals More Than $100K From California Businesses
Sep 22 2014 // Isidro Santillan, 53, of Pacoima, Calif., has been arrested and charged with 13 counts of grand theft and three counts of commercial burglary. Santillan is alleged to have stolen more than $100,000 by selling insurance...
The Problem with Domestic Excess and Surplus Lines Insurers
Sep 22 2014 // It has been more than five years since states, beginning with Illinois, began to enact laws permitting the formation and licensing of domestic excess and surplus lines insurers. To date, these initiatives have gotten very...
Customer Experience Makes Bigger Impact Than Policy, Claims
Sep 22 2014 // Many agents understand in principle that “customer experience” is the sum total of an agency’s interactions with prospects and policyholders. In practice, however, customer service often ends up focusing...
CGSC’s Esser on Managing Wholesale Expansion and Growth
Sep 17 2014 // Cooper Gay Swett & Crawford’s CEO, Toby Esser, has had a busy year since we last spoke with him at the Reinsurance Rendezvous in Monte Carlo, but the company he heads (CSGC) is moving forward to realize cost...
The Problem with Domestic Excess & Surplus Lines Insurers
Sep 16 2014 // It has been more than five years since states, beginning with Illinois, began to enact laws permitting the formation and licensing of domestic excess and surplus lines insurers. To date, these initiatives have gotten very...
