Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Looming Agent Retirements: Carriers Face Major Turnover
Jun 21 2012 // More than 25 percent of independent agency owners and principals are planning to retire or change careers and sell their firms sometime in the next five years, according to a new survey that explores agent attitudes about...
The Business of Insuring Correctional Facilities
Jun 21 2012 // Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy. A Howard County, Indiana, inmate files a lawsuit claiming the...
Nebraska Insurance Agent Pleads Guilty to Mail Fraud
Jun 21 2012 // One of three former Grand Island, Neb.-based insurance agents accused of defrauding more than 250 investors out of $29 million has pleaded guilty. The Grand Island Independent reported that Kenneth Mottin, of St. Libory,...
Watkins Elected President of the Independent Insurance Agents of Texas
Jun 21 2012 // The Independent Insurance Agents of Texas (IIAT) elected Patrick Watkins, president of Watkins Insurance Group in Austin, to serve as president for 2012-2013 during IIAT’s 115th Annual Conference and Trade Show in...
Arrowhead Marine Program Wants Your Summer Boating Season Business
Jun 20 2012 // San Diego, CA, 06/20/2012 – With summer officially starting today and the boating season already underway, the Marine Program at Arrowhead General Insurance Agency, Inc. is pleased to offer its producers a team of...
Wife of Slain Missouri Insurance Agent Gets 8 Years in Spouse’s Death
Jun 19 2012 // A Missouri woman has been sentenced to eight years in prison for helping plan her husband’s murder with the church pastor who was her lover. Her husband, David Stone, was an insurance agent. Forty-year-old Teresa...
Florida Agents’ Association Installs Laurie as Chair; Honors Gunter
Jun 18 2012 // The Florida Association of Insurance Agents installed its new officers and board members for the 2012-2013 at its 108th Annual Convention and Educational Symposium. John C. Laurie has been named as the new FAIA chair for...
Wholesale Insurance Broker LevelFirst Opens Austin Office
Jun 18 2012 // LevelFirst a diversified wholesale broker and managing general agency headquartered in Dallas, has opened an Austin, Texas, office. Vivian Plein has joined LevelFirst to lead the Austin office. Plein has more than 10 years...
Help Young Producers to Think Beyond the Internet
Jun 18 2012 // Veteran Agents Have Much to Teach Their Successors Today’s youngest agents crave to be online. It’s no surprise since they grew up in the Internet age. Their experiences include playing video games, doing...
The Future of Producer Compensation
Jun 18 2012 // It is a fact that many people with the title “producer” don’t produce. They service and they accept what comes to them, but they do not produce. It is also a fact that companies are going to find a way to...
P/C Insurers, Brokers Added More Jobs, Data Shows
Jun 18 2012 // In early June, the U.S. Labor Department’s Bureau of Labor Statistics released detailed employment statistics for the month of April. The data shows that P/C insurers added 800 jobs in April, for the total of 526,300...
Business Moves – Southeast
Jun 18 2012 // WNS Global, South Carolina An Indian company is slated to open a new facility to process insurance claims and provide insurers other financial and accounting services that could create up to 750 new jobs in South...
Business Moves – East
Jun 18 2012 // American International Group AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products...
Business Moves – Midwest
Jun 18 2012 // strong>Arthur J. Gallagher & Co., Grossman & Associates Arthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. Founded in...
Looming Agent Retirements: Carriers Face Major Turnover
Jun 18 2012 // More than 25 percent of independent agency owners and principals are planning to retire or change careers, and sell their firms sometime in the next five years, according to a new survey that explores agent attitudes about...
Wells Fargo Looking to Buy Insurance Brokers, CEO Says
Jun 18 2012 // Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, according to its chief executive. “I love the insurance distribution...
E&O Insights: Why Businesses Need Umbrella Protection
Jun 18 2012 // Umbrellas are apparently not as simple as many would like to believe because various issues involving umbrellas cause more than their fair share of errors and omissions claims. Due to the nature of umbrella coverage, the...
WIAA Adds State Fund to Workers’ Comp Portfolio
Jun 15 2012 // Rancho Cordova, Calif.-based WIAA Insurance Services, the agency arm of the Western Insurance Agents Association (WIAA), has expanded its carrier portfolio with the State Compensation Insurance Fund, of California’s...
Lloyd’s Market Association Issues Guidance in Case of Euro Exit
Jun 15 2012 // The Lloyds’s Market Association (LMA) has joined central banks and other financial instiutions in preparing for a possible euro zone exit. It has issued a “note” giving insurers and brokers guidance on...
MGAA Appoints Comerford as First General Manager
Jun 15 2012 // The UK’s Managing General Agents Association announced the appointment of Jane Comerford as General Manager. She will be responsible for all operational aspects of the Association’s activities, and will work...
