Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Q&A: Surplus Lines Association of California Director McKay
Nov 15 2012 // Andrew G. Simpson, vice president of content for Wells Media Group Inc., recently grilled Surplus Lines Association of California Executive Director Benjamin McKay on an array of matters, including the market, new...
All Risks Expands Pet Best Insurance Product Nationwide
Nov 15 2012 // All Risks, Ltd. has expanded its Pet Insurance to be available in 32 states through its partnership with Pets Best Insurance and Independence American Insurance Co. This Pet Insurance online platform allows retail...
Nebraska Insurance Agent Sent to Jail After Winning Re-Election
Nov 14 2012 // A Lincoln, Neb., insurance agent was sentenced to jail for perjury just a few days after winning a third term on a natural resources district board. Larry Hall, 68, was sentenced to 45 days in jail and ordered to pay...
Genstar In Hunt for Another Confie-like Brokerage
Nov 14 2012 // Now that it has sold its equity stake in Hispanic-focused auto insurance broker Confie Seguros, Genstar Capital LLC appears to be on the hunt for another insurance concern. The San Francisco, Calif.-based private equity...
Indiana’s Ronk: Agents Enjoy a Healthy Insurance Environment in State
Nov 14 2012 // The current business environment for independent insurance agents in Indiana is pretty good thanks to the hard work and legislative involvement of agents and other industry professionals, according to one longtime agent...
Former Insurance Agent Headed to Prison for Defrauding Oklahoma Seniors
Nov 9 2012 // Former Oklahoma insurance agent Marshall Virden has been sentenced to two years in prison for defrauding senior citizens in Wagoner County, the Oklahoma Insurance Department (OID) announced. The punishment comes after a...
Milward Named VP Business Development for Council of Agents & Brokers
Nov 8 2012 // Webb Milward has returned to The Council of Insurance Agents & Brokers as vice president of business development. Milward, who previously directed The Council’s political action committee from 2005-2010, spent...
Wisconsin Agent and PIA Member Wins Re-Election to State Assembly
Nov 8 2012 // Wisconsin insurance agent and member of the National Association of Professional Insurance Agents (PIA), Mary Czaja, on Nov. 6 won her race to capture the 35th Assembly District in northern Wisconsin. Czaja is a Republican...
Independent Insurance Agents of Texas Offers WAHVE Staffing Services
Nov 8 2012 // The Independent Insurance Agents of Texas (IIAT) is offering its members remote staffing services provided by WAHVE (Work At Home Vintage Employees) on a preferred basis. WAHVE provides experienced insurance professionals...
CAA Insurance Services Adds Benefiel as Agency Manager
Nov 8 2012 // Texas-based Combined Agents of America LLC (CAA) announced that Lauri Benefiel has joined as the new agency manager of its CAA Insurance Services (CAAIS) division. CAA has 47 agency members in Texas, Oklahoma and...
Calif. Broker Charged With Defrauding Tom Hanks, Ex-‘Police’ Musician
Nov 7 2012 // A Southern California insurance broker was arrested Wednesday on allegations he overcharged Tom Hanks, musician ex-Police band member Andy Summers and others hundreds of thousands of dollars for insurance premiums. Jerry...
Some Homeowners Unexpectedly Hit With ‘Windstorm Deductible’
Nov 7 2012 // In the immediate days after Superstorm Sandy, officials in the Northeastern states declared that hurricane deductibles would not apply to Sandy claims. Officials from northeastern states including New York, New Jersey and...
Hub International Acquires Canada Broker Huestis Commercial Insurance
Nov 6 2012 // Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition...
E&O Risks When Insuring Commerical Property
Nov 5 2012 // It seems that every year commercial property is one of the top three lines of business generating errors and omissions (E&O) claims against agents. Because most agents insure a fair number of commercial buildings, this...
Surplus Lines: Regulators Vetting of Alien Nonadmitted Insurers
Nov 5 2012 // The National Association of Insurance Commissioners (NAIC) acts as the trade association for state insurance commissioners. The Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) delegated to the NAIC responsibility for...
Indiana Agents Benefit from a Healthy Insurance Environment
Nov 5 2012 // And, It’s One They Helped Create, Association Leader Says The current business environment for independent insurance agents in Indiana is pretty good thanks to the hard work and legislative involvement of agents and...
Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks
Nov 5 2012 // A slow trend toward economic recovery in the United States may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in...
Closing the Liability Gap
Nov 5 2012 // Underserved Fiduciary Market Creates Rich Opportunities for Agents When it comes to fiduciary liability, ignorance is risk. Many fiduciaries of company-sponsored retirement and health plans are unaware that they face...
What’s Ahead in Agency E&O
Nov 5 2012 // Competition, Hard Market, Healthcare Effects and More E&O Suits by Carriers Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends,...
Insurers, Brokers Say Some Northeast Offices Still Closed Due to Sandy
Nov 2 2012 // Superstorm Sandy — and the widespread power outages and transport problems that followed — affected business operations of numerous companies in the Northeast, including those of insurers and brokers. Companies...
