Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Western Security Surplus Insurance Brokers Announces Staff Changes
Apr 4 2012 // Kyle Stevens, president and CEO of Western Security Surplus Insurance, announced organizational changes in the Dallas office and a new hire for WSS’ Roseville, Calif., office. Jennie Reed has been promoted to senior...
Minnesota’s PCG Agencies Adds Sibell as VP of Finance
Apr 4 2012 // Jeff Sibell has joined PCG Agencies Inc. in St. Paul, Minn., as vice president of finance. Sibell has many years of experience in the insurance, financial services and legal industries, and bring extensive IT skills, as...
Agents Urge Caution on Changes to Missouri Work Comp Insurer
Apr 4 2012 // Some insurance agents are urging caution as Missouri lawmakers considered changes to a state-created workers’ compensation firm that has been criticized by the state auditor for taking advantage of a federal tax...
ABI, UK Government, BIBA Team up to Help Older People Find Insurance
Apr 4 2012 // A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto] and travel insurance under an agreement between the ABI, the Government and the British...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 3 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...
Broker Admits Funneling Over $1M in Bribes to N.J. School Official
Apr 3 2012 // A Maryland insurance broker has admitted making more than $1 million in bribes to a former school superintendent in southern New Jersey. Seventy-year-old Francis X. Gartland of Baltimore pleaded guilty Monday to charges of...
Marsh Acquires Cosmos Services, a U.S. Brokerage Unit of Itochu Corp.
Apr 2 2012 // Marsh, a wholly-owned subsidiary of New York-based Marsh & McLennan Companies, acquired Cosmos Services (America) Inc., the U.S. insurance brokerage subsidiary of global trading firm Itochu Corporation. Terms of the...
Agency Management Challenges
Apr 2 2012 // How Money, Motivation and Morale Connect Pop quiz: Agency owners, please write down a short list of the management challenges constantly facing your company. The catch – you cannot list increasing new business revenue or...
50 Awesome Social Media Ideas for Insurance Agencies
Apr 2 2012 // Social media is a good marketing tool when used wisely. Today’s agencies are creating interaction among fans while developing promotions that generate revenue. The following includes 50 marketing ideas that agencies...
N.Y. Agency Groups Will Not Appeal Recent Disclosure Ruling
Apr 2 2012 // It looks like the courtroom battle has ended for New York State’s broker compensation disclosure regulation. In March, the New York appeals court agreed with the lower court and said insurance regulators were within...
What’s Your Grofit?
Apr 2 2012 // Grow at All Costs, Or Drive the Bottom Line? As you execute on your business plan, are you guided by long term objectives, short term goals or a balance of each? Agency owners often perceive growth and profit as mutually...
N.J.-based Broker Bollinger Acquires Creative Agency Group
Mar 29 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Creative Agency Group in Holmdel, N.J. Creative Agency Group specializes in program business — specifically golf and county clubs, health and fitness clubs,...
Young Agents: What Are YOU Thinking? Exclusive Survey
Mar 28 2012 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Gen X, Gen Y agents: who are you? What do you really think about your career? About...
National Ethics Association Expands E&O Program for Low-Risk P&C Agents
Mar 28 2012 // A new program sponsored by the National Ethics Association provides low-cost E&O insurance to property & casualty insurance agents nationwide. Issued by Everest National Insurance Co. and administered by Marsh U.S....
Hartford’s Money-Losing Brokerage Unit Expected to Attract Bids
Mar 27 2012 // Hartford Financial Services Group’s independent brokerage unit Woodbury Financial Services hasn’t posted a profit for at least five years, but some investment bankers say that won’t deter a small circle...
Agents Inundated with Customer Calls Following Texas Wildfires
Mar 27 2012 // When wildfires began breaking out across Texas last year in April, homeowners began contacting their insurance agents about their coverage or in some cases lack of coverage. Agents located near many of the fires were...
Applied Systems to Release Epic 6 Agency Program in April
Mar 27 2012 // Insurance software company Applied Systems will unveil the latest release of its browser-based agency management software Epic on April 27. Applied Systems said Epic 6 provides for more streamlined agent-carrier...
Salcedo, Anderson Join Sullivan Brokers
Mar 26 2012 // Sullivan Brokers Wholesale Insurance Solutions hired Edgar Salcedo as a broker and Carrie Anderson as an associate broker in the firm’s casualty practice group. Salcedo specializes in habitational, hospitality,...
Arizona Bill to Tow Vehicles of Drivers Without Liability Defeated
Mar 23 2012 // A bill in Arizona that would have changed the current mandatory auto insurance laws to empower law enforcement to tow and impound vehicles if they are driving without liability insurance was defeated in the House...
Brokerage’s Strategy Could Redefine ‘Customer’ in Securities Arbitration Cases
Mar 21 2012 // A series of victories by Morgan Keegan & Co. is calling into question who can be considered a “customer” in securities arbitration cases. Most recently, a case involving a partner in the Lion Fund, a hedge...
