Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
This Is Not Your Father’s Industry
Apr 16 2012 // This industry is changing fast. Quite a number of agency owners and carrier executives will realize this fact too late. This reality is not necessarily a sad fact because great success stories will arise from these...
Why Agents and Customers Choose Higher Prices
Apr 16 2012 // Insurance customers are price-sensitive shoppers, and they have become more so given the financial pressures of the struggling economy. Many observers fear that standard coverage is becoming commoditized to the point where...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 16 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily...
Agents Urge Caution on Changes to Missouri Work Comp Insurer
Apr 16 2012 // Some insurance agents are urging caution as Missouri lawmakers consider changes to a state-created workers’ compensation firm that has been criticized by the state auditor for taking advantage of a federal tax...
Digital Divide: Young Agents Versus ‘Old’ Agency Principals
Apr 16 2012 // Are Today’s Young, Vocal Agents Trying to ‘Occupy’ Insurance? Young producers are essential to the survival of the independent agency system. They are enthusiastic and motivated, and if you can put up...
Replacement Costs Battle on the Road to Somewhere
Apr 13 2012 // Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is...
Cap on Subsidy of Crop Insurance Premiums Would Save $1 Billion: GAO
Apr 13 2012 // A cap on crop insurance premium subsidies could save the federal government up to $1 billion a year, according to a government report. If a limit of $40,000 had been applied to individual farmers’ crop insurance...
Northern United Agents Alliance in N.H. Adds New Member
Apr 13 2012 // The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, added Barton Insurance Agency as a new member. Founded in 1954, Barton Insurance Agency has been offering insurance...
N.J.-based Broker McIntyre Group Announces Promotion
Apr 12 2012 // The McIntyre Group, a Cherry Hill, N.J.-based insurance brokerage, risk management and consulting firm, promoted Brian Hall to vice president. Brian Hall Hall joined The McIntyre Group in 2006 as a marketing executive...
Special Agent Agency Management System Now Available Nationally
Apr 12 2012 // Special Agent, the insurance agency management system, is now available in all 50 states, and the company has also launched a new website. Special Agent had previously only been offered to independent insurance agencies in...
Survey: Why Agents and Customers Choose Higher-Priced Insurers
Apr 12 2012 // Insurance customers are price-sensitive shoppers, and they have become more so given the financial pressures of the struggling economy. Many observers fear that standard coverage is becoming commoditized to the point where...
Oklahoma Seeking Victims of Alleged Scam by Insurance Agent
Apr 12 2012 // A former Oklahoma insurance agent has been arrested for fraud and state officials are seeking victims of a scam he allegedly perpetrated upon elderly individuals. The Oklahoma Insurance Department announced that Marshall...
Severe Weather Has Home Insurers Rethinking Coverages
Apr 10 2012 // As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance...
Oklahoma Investigating Insurance Agent for Fraud, Exploitation
Apr 10 2012 // An Oklahoma insurance agent is facing charges for exploitation of the elderly and fraud, investigators say. Oklahoma Insurance Commissioner John D. Doak announced that charges have been filed in Kay County against Marshall...
Applied Systems to Open Canada Data Center
Apr 10 2012 // Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in order to provide “additional data storage for the growing number of insurance brokers who...
CRC’s CEO Hopes to Create ‘Best of the Best’ With Crump Merger
Apr 9 2012 // The recent acquisition of Roseland, N.J.-based insurance wholesaler Crump Group by BB&T Corp., a major regional bank and insurance broker based in Winston-Salem, N.C., created one of the largest providers of wholesale...
Oklahoma Agent Sentenced for Fraud in McCurtain County
Apr 9 2012 // Oklahoma Insurance Commissioner John D. Doak and McCurtain County District Attorney Mark Matloff announced the conviction and subsequent sentencing of Matthew Hammer, a formerly licensed insurance agent in Oklahoma. The...
Force-Placed Insurers on Hot Seat as N.Y. Regulators Expand Probe
Apr 6 2012 // New York regulators are expanding their investigation into the so-called force-placed insurance that target homeowners in financial distress. Benjamin Lawsky, the state’s superintendent for the financial services...
Minnesota Legislature Taps Insurance Agent for University Board
Apr 6 2012 // The Minnesota Legislature has selected an insurance agency owner to serve on the University of Minnesota’s Board of Regents. Thomas Devine was elected a regent during a recent joint House-Senate convention. He...
Willis Japan Appoints Enomoto New Retail CEO
Apr 5 2012 // Willis Group Holdings has appointed Yoshihide ‘Dean’ Enomoto as President and CEO of its retail brokerage business in Japan. The announcement coincides with news that the global insurance broker has opened a...
