Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Building Updates: Aging Electrical Systems
Feb 25 2013 // The Agent’s Role as Advisor and Risk Manager Editor’s note: This is the first of a three-part series to explain insurers’ requirements for building updates and to help agents advise clients on mitigating...
Former Utah Agent Pleads Guilty to Insurance Fraud
Feb 25 2013 // Former insurance agent Mitch Kelling has pled guilty to insurance fraud. Kelling plead guilty to felony charges in Utah Seventh District Court on Jan. 29. Kelling had been operating under the name “Kelling...
North Carolina’s Goodwin: Home, Auto, Health and More…
Feb 25 2013 // Interview with Recently Re-Elected Insurance Commissioner Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the homeowners insurance market than he is on auto insurance....
Business Moves – Midwest
Feb 25 2013 // Johnson McCann, C.O. Brown, Apollo Insurance Agency Three Minnesota insurance agencies — Johnson McCann of St. Paul, C.O. Brown of Rochester and the Apollo Insurance Agency of St. Cloud — have joined forces to become...
Business Moves – South Central
Feb 25 2013 // Monster Insurance, OneBeacon Insurance MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, announced that MarketScout subsidiary, Monster Insurance, entered into an agreement...
Agency Compensation Playbook: Who’s Worth What?
Feb 25 2013 // 2013 Agency Salary Survey Managing sales in an independent agency is a team sport. From top level managers to office and support staff – every person in an agency has a role to play in helping the agency win the sales...
Customers Want What Local Agents Provide
Feb 25 2013 // Sometimes, independent insurance agents can get too sophisticated for their own good. I was reminded of this recently. My agency is fairly large, and I like to think that it is on the cutting-edge in many areas, such as...
Ohio Took Enforcement Actions Against 167 Agents in 2012
Feb 22 2013 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced the department’s top fraud and enforcement cases for 2012. During the calendar year, the department processed 7,274 allegations of...
Securities Regulator OKs Schwab Ban on Class Actions by Clients
Feb 21 2013 // Charles Schwab Corp. can ban its clients from bringing class action lawsuits, a securities industry regulatory panel ruled Thursday in a sweeping decision that is likely to influence other U.S. brokerage firms to follow...
Oklahoma Agents Group Seeks Questions for Workers’ Comp Panel
Feb 21 2013 // The Independent Insurance Agents of Oklahoma is requesting members to submit questions for a panel discussion on proposed changes to the state’s workers’ compensation system. IIAO will host a panel to discuss...
Digital Insurance Buys North Carolina Benefit Broker BSD
Feb 20 2013 // Atlanta-based benefits broker Digital Insurance has acquired Benefit Services & Design (BSD) of Raleigh, North Carolina. The 30-year-old BSD has been merged with the Raleigh office of Digital Benefit Advisors (DBA), a...
Commentary: N.Y. Court’s Latest Take on Insured’s Duty to Read Policy
Feb 19 2013 // The New York Court of Appeals recently found that the insured’s failure to read the insurance policy does not bar claims for broker negligence in failing to procure requested insurance. Almost one hundred years ago...
Farmers CEO: Changes Align Leadership Around Core Businesses
Feb 19 2013 // Jeff Dailey, chief executive officer of Los Angeles, Calif.-based Farmers Group Inc., on Tuesday announced several executive leadership team appointments he says better aligns the leadership team around Farmers core...
North Carolina Agent, Farmer Sentenced for Crop Insurance Fraud
Feb 18 2013 // Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud. A federal judge last Wednesday sentenced insurance agent William Larry Rogers to 9 years in prison for conspiring to make false...
Ironshore Acquires Specialty Stop Loss Insurance Broker
Feb 14 2013 // Ironshore Inc. has acquired Excess Risk Reinsurance (ERR) Inc., a managing general underwriter specializing in the Employer Stop Loss insurance sector. ERR will operate as a wholly-owned subsidiary of Ironshore Insurance...
Saft Commentary: The Fed Discovers Chicanery
Feb 14 2013 // Acknowledging that sometimes banks chisel clients and bank employees chisel banks may sound obvious to you, but for the Federal Reserve this is a pretty big step forward. Jeremy Stein, a member of the Board of Governors of...
Florida Lawmakers Unveil Property Reform Proposals
Feb 11 2013 // Florida lawmakers’ first draft of a property reform emphasizes depopulating and diverting policies from Citizens Property Insurance Corp., the state-backed property insurer that has 1.3 million policyholders. The...
Emails Show Change in Oklahoma Health Exchange Policy
Feb 11 2013 // A 2011 decision by Oklahoma’s insurance commissioner to return a federal health care grant came just days after a prominent conservative encouraged state officials to reconsider their approach to President Barack...
Agents Act Now on Healthcare Reform
Feb 11 2013 // The year is a prime time for agents and brokers to begin preparing their clients for Affordable Care Act (ACA) requirements coming in 2014. Don’t assume that you can wait until the beginning of the plan year to...
People
Feb 11 2013 // San Diego, Calif.-based Barney & Barney LLC named David Freeman director of property/casualty sales. Freeman, who will be based in San Diego, will oversee a team of client executives in San Diego, Orange County,...
