Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Prices Up Again in Q2 But Market Hardening May Be Moderating: Council
Aug 5 2013 // Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & Brokers’ quarterly...
Washington Supreme Court: Insurers Liable for Illegal Acts by Agents
Aug 2 2013 // Washington’s State Supreme Court has affirmed that insurers are liable for illegal actions committed by their agents, a decision that will enable the state’s insurance commissioner to continue to go after bad...
SIAA Grows by Five Agencies in West July
Aug 2 2013 // The Strategic Insurance Agency Alliance announced it signed signing of 20 new member agencies during the month of July, five of which were in the West. July’s new members in the West are: Stephen Aragon Insurance of...
Ex-Insurance Agent From Iowa Indicted On Mail Fraud Counts
Aug 1 2013 // A former Marshalltown, Iowa insurance agent has been indicted on federal mail fraud charges after being accused of defrauding customers for nearly a decade. The Marshalltown Times-Republican reported that 65-year-old...
Unlocking prospect information to win business
Jul 31 2013 // Information gathering strategies Unlocking prospect information is a critical skill set that separates the best agents from rest. Recent questions have arisen regarding efficient information gathering. The very best get...
N.J. Offers Tips to Assist Consumers Who Purchase Auto Insurance Online
Jul 31 2013 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski is offering tips to shoppers to help them make educated choices and avoid scams when purchasing auto insurance online. Commissioner Kobylowski said...
Alabama Coastal Residents Bracing for Major Flood Insurance Increases
Jul 30 2013 // Flood maps aren’t due out for Alabama until next December, but the specter of rising flood insurance premiums is undeniable. Congress, seeking to undo the damage done to the National Flood Insurance Program after...
Kansas Couple Awarded $202K in Lawsuit Over Problem Dam
Jul 29 2013 // A Hutchinson, Kan., couple who bought a home without being told they would be responsible for maintaining a dam on the property has been awarded $202,500 in a lawsuit they filed against their real estate agent and a realty...
Burdine Joins Swett & Crawford as Broker in Dallas
Jul 26 2013 // Wholesale insurance broker Swett & Crawford has added Zach Burdine as a broker in its casualty and property practice groups in Dallas, Texas. Burdine brings his extensive background in wholesale and retail insurance to...
Prices Up Again in Q2 But Market Hardening May Be Moderating: The Council
Jul 24 2013 // Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & Brokers’ quarterly...
Insurance Journal Co-Sponsors MarshBerry Market & Financial Survey
Jul 24 2013 // How are agencies targeting new business today? What do agencies want most from carriers? And just how much are agencies growing in current market conditions? These are some of the questions that a new industry survey plans...
IA&B Survey: Agencies Report Slight Decrease in Commercial Carrier Satisfaction
Jul 23 2013 // Insurance Agents & Brokers (IA&B) — a partnership of three agents’ associations serving Pennsylvania, Maryland and Delaware — said its latest survey shows its members’ overall satisfaction...
Federal Jury Convicts Former Texas Insurance Agent in Fraud Case
Jul 23 2013 // A former Denton County, Texas, insurance agent has been convicted in an insurance fraud scheme that targeted elderly individuals, U.S. Attorney Sarah R. Saldana of the Northern District of Texas announced. A federal jury...
Cooper Gay Help Launch New Lloyd’s Coverholder Business in The Bahamas
Jul 23 2013 // Cooper Gay & Co Ltd, part of the Cooper Gay Swett and Crawford (CGSC) Group, has participated in the establishment of the first Lloyd’s of London coverholder plaque in the Bahamas, as the broker joined an event...
Social Media: It’s Here to Stay
Jul 22 2013 // The Most Successful Users Know Their Markets The value of social media as a tool for marketing and selling property/casualty insurance may be a matter of debate but one thing is for certain: While the nature of social...
Agencies of the Future
Jul 22 2013 // A report from McKinsey & Co., titled “Agents of the Future: The Evolution of Property and Casualty Insurance Distribution,” warns that the division of labor between carrier and agent is blurring....
Here Comes Berkshire Hathaway
Jul 22 2013 // Interview with BHSI’s Peter Eastwood on Building a New E&S Giant When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture’s professional liability division a few weeks...
Florida Agents Challenged to Profit on Homeowners Business: FAIA
Jul 22 2013 // Many Florida independent insurance agencies are challenged to make money on the initial placement of the homeowners insurance policies. That’s a finding from The Agent Compensation Study commissioned by the Florida...
Lance Surety Launches New Program to Meet FMCSA Bond Increase Requirement
Jul 19 2013 // Lance Surety Bond Associates, Inc. has launched a new program addressing the $75,000 Freight Broker Bond requirement that will take effect later this year. The Moving Ahead for Progress in the 21st Century Act (MAP 21)...
Companies Must Disclose CEO-to-Worker Pay Ratios Under SEC Proposal
Jul 19 2013 // Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by U.S. securities regulators, according to two people familiar...
