Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
CRC|Crump Adds Wright in Dallas as Associate Broker
Aug 8 2012 // CRC|Crump announced that Delia Wright has joined its Dallas office as a property/casualty associate broker. Wright’s responsibilities will include underwriting MGA business and brokering for general commercial...
Missouri Man Convicted of Killing Insurance Agent
Aug 8 2012 // A St. Charles, Mo., man has been convicted of killing his auto insurance agent during a robbery prompted by a big loss at a casino. The St. Louis Post-Dispatch reports a jury deliberated less than three hours before...
Montana Agent Pleads Guilty to Stealing Premiums
Aug 6 2012 // An insurance agent from Butte, Mont., who pleaded guilty to stealing more than $7,200 of his client’s premiums has been given a three-year deferred sentence and ordered to pay restitution. State Insurance...
How Niche Marketing Worked
Aug 6 2012 // Small business is alive and well, despite the gloomy, reports we read about the weak national economy. To be more specific, small businesses started by ethnic minorities is booming. The niche where we have first-hand...
Amerisure Turns 100
Aug 6 2012 // Tightened Focus, Leaner Agency Force Leads Insurer into its Next Century Evaluate, evolve, sharpen focus, create value. That’s how a group of executives at one Midwest-based property/casualty insurance company...
Business Moves – East
Aug 6 2012 // USI, Kelly Insurance USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction...
Do Insurance Brokers Have an Obligation to Offer the Cheapest Coverage Available?
Aug 6 2012 // The question of whether insurance brokers are required to obtain the lowest cost insurance that meets the insured’s needs was answered recently by the Missouri Supreme Court in Emerson Electric Co. v. Marsh &...
From Concept to Practice: Insurance Trust Account Management
Aug 6 2012 // The concept of trust account (TA) management has no meaning to many professionals, or they have no uniform understanding of it. There are no text books or college classes on insurance TA management, and insurance-based...
North Carolina Insurance Reforms Fall Short
Aug 6 2012 // North Carolina lawmakers approved a bill with some changes to the property insurance system but, as one industry expert said, in so doing lawmakers “just stuck more fingers in the dike.” Despite what critics...
2012 Top 100: Privately Held Independent P/C Insurance Agencies
Aug 6 2012 // About This Report: A slow economic recovery didn’t stop the nation’s leading independent insurance agencies from writing more property/casualty premium in 2011. The vast majority (81 percent) of the privately...
Business Moves – Midwest
Aug 6 2012 // Digital Insurance, SEBS of the Midwest Benefits-only agency, Digital Insurance, has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors...
License of Bismarck Insurance Agent Revoked
Aug 3 2012 // North Dakota Insurance Commissioner Adam Hamm has revoked the license of Brent Kitzan, a Bismarck insurance agent. The revocation bars him from selling, soliciting or negotiating insurance in North Dakota. Kitzan was...
North Carolina Agent Arrested, Charged With Insurance Fraud
Aug 2 2012 // North Carolina regulators announced this week that a local insurance agent was arrested and charged with one felony count of obtaining property by false pretense. Department of Insurance criminal investigators allege that...
House Passes Tax Rate Extension Act
Aug 2 2012 // The U.S. House of Representatives passed H.R. 8, the “Job Protection and Recession Prevention Act,” that would extend the 2001 and 2003 tax rates through 2013. H.R. 8 includes an extension of current marginal...
What to Know About the New Flood Insurance Program
Jul 31 2012 // If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat despite a regular leaking of funds since its inception in 1968. The much-needed,...
5 Ways How Not Using Coverage Checklists Benefits an Agency
Jul 31 2012 // I’ve written extensively about how the use of coverage checklists benefits an agency. The benefits include significantly reduced errors and omission (E&O) exposures, enhanced reputations, better sales, and last...
TWFG Offering New Branch Agent Opportunities
Jul 27 2012 // The Woodlands, Texas-based independent insurance agency, TWFG, announced it is offering a new branch agent program. With a commission split of 80/20 for “TWFG Full Service” branches, the company is targeting...
Growth Through Acquisitions Highlight Quarter for 2 CAA Member Agencies
Jul 27 2012 // Combined Agents of America LLC (CAA) announced that two member agencies — Duncan, Fraser & Bridges Insurance Agency Inc. (DFB) and Pinnacle Insurance Group Inc. — have grown through recent acquisitions totaling...
Liberty Mutual Announces Realignment; Names 4 Unit Executives
Jul 26 2012 // Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units. The company — which reported $139 million profit for its 2012 second-quarter earlier Wednesday — also...
WEBCETERA® Integrates Editable ACORD® forms within EZLynx®
Jul 25 2012 // Flower Mound, TX, 07/25/12 – WEBCETERA®, the leading provider of insurance industry software solutions and creator of EZLynx®, today announced the integration of fully editable ACORD® forms into the EZLynx product....
