Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Idaho Insurance Agents Leery Of Exchange’s Promise
Oct 1 2013 // Insurance agents are still waiting to be convinced Idaho’s insurance exchange will benefit their businesses, though the board that established this Internet marketplace for individual and small business coverage...
New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance
Oct 1 2013 // Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said. Few fully understand all the complexities of their...
Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H.
Sep 30 2013 // Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, Maine, Rhode Island and New Hampshire. The insurer would hire approximately 455 new...
J.D. Power: Personal Lines Agents Missing out on Opportunities in Renters Segment
Sep 30 2013 // Insurance agents who only focus on homeowners insurance customers are missing a golden opportunity to build long-term relationships with renter customers as their insurance needs grow due to life or circumstance...
New Hampshire’s Minkler New Chairman of Big ‘I’
Sep 30 2013 // New Hampshire independent agent Thomas J. Minkler has been inaugurated as the new chairman of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”), with David Walker as...
North Dakota Commissioner Invites Insurance Agents to Department Forums
Sep 26 2013 // Insurance Commissioner is inviting North Dakota’s insurance agents to attend the insurance department’s annual agent forums, scheduled for Oct. 7–11. Hamm, along with four other insurance department staff...
Ex-Iowa Insurance Agent Pleads Guilty in Mail Fraud Case
Sep 26 2013 // A Marshalltown, Iowa, insurance agent accused of selling customers fake insurance policies has pleaded guilty to a charge of wire fraud in a plea agreement reached with prosecutors. In exchange for the guilty plea four...
Maine Officials Warn Consumers About Scammers Using Health Reform Law
Sep 26 2013 // Maine’s Insurance Superintendent Eric Cioppa and Gov. Paul R. LePage are warning the public about scams related to the federal health reform law (ACA). Officials say various schemes have been reported throughout the...
Flood Insurance ‘Sticker Shock’ Hits Floridians with New, Secondary Homes
Sep 26 2013 // When Colin and Joyce Elston bought their Florida dream home in May, they were confident they could afford the three-bedroom, two-bathroom ranch with a pool and a backyard overlooking the Intracoastal Waterway. Now they are...
MetLife: Lack of Car, Home Insurance Sales ‘Ridiculous’
Sep 26 2013 // MetLife Inc., the largest U.S. life insurer, is pushing agents to sell more car and residential coverage after the head of the company’s main retail business said they’ve been missing an opportunity to...
Cooper Gay Swett & Crawford’s CEO Toby Esser on its Global Business
Sep 26 2013 // Toby Esser is a truly global executive. As the CEO of Cooper Gay Swett & Crawford (CGSC), he coordinates the broker’s far flung operations in the UK, Europe, Asia and South America, as well as North America,...
Ash Brokerage Corp. Moving Into Fort Wayne, Ind., Mixed-Use Project
Sep 25 2013 // An insurance brokerage will relocate its Fort Wayne, Ind., headquarters to a new $71 million downtown mixed-use project and create 115 jobs by 2017, Mayor Tom Henry said. Ash Brokerage Corp. will move into an eight-story...
Tech Firm Trōv Promises to Reinvent ‘Insurance to Value’ for P/C Industry
Sep 25 2013 // A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’...
Louisiana Insurance Agent Arrested
Sep 23 2013 // A Slidell, La., insurance agent was served by Louisiana Department of Insurance Fraud Division investigators with a summary suspension and cease and desist order for alleged misappropriation of insurance premium funds and...
Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB
Sep 23 2013 // Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin and Buchan (NMB), subject to regulatory approval from the UK...
Midwest Politicians Work as Insurance Advocates
Sep 23 2013 // Three individuals who have worked in the insurance industry and now practice politics in the Midwest — Indiana State Representative Matt Lehman, Michigan State Senator David Robertson and U.S. Congressman Tom Latham...
Third Time’s a Charm for Producer Licensing Bill?
Sep 23 2013 // Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this month overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer...
Wholesale: More Special Than Ever
Sep 23 2013 // Savvy wholesalers are meeting the demand for specialized knowledge Everyone loves the wholesale insurance business these days, or so it seems. “We’ve seen the entrance of a lot of other people coming into the...
Bloggers Beware: Defamation Claims Brought by Public Figure Plaintiffs
Sep 23 2013 // It takes thick skin to be in the public eye. As Supreme Court Justice Antonin Scalia once observed, “harsh criticism, short of unlawful action, is a price our people have traditionally been willing to pay for...
Changing Realities of the Wholesale Market
Sep 23 2013 // Throughout our history, the American Association of Managing General Agents (AAMGA) has retained its mission and identity while adapting to changes in the insurance industry. We began in 1926 as the Association of Fire...
