Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
N.Y. Agency Groups Will Not Appeal Compensation Disclosure Ruling
Mar 21 2012 // It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation. Earlier this month, the New York appeals court agreed with the lower court and said insurance...
Veteran Agents Form Atlanta Brokerage Targeting Real Estate, Construction
Mar 21 2012 // Two veteran insurance agents have joined forces to create a new Atlanta-based brokerage operation focused on insurance, benefits and surety products for the construction and real estate industries. Parker Hix and Martin H....
Ratings Agencies Respond to The Hartford’s Plan to Exit Life Insurance
Mar 21 2012 // In response to Hartford Financial Services Group Inc.’s planned exit from some of its life insurance business, Standard & Poor’s Rating Services said it is downgrading the subsidiaries previously aggregated...
Pay For Insurance Continues to Wow the Insurance Industry by Bringing Secure and Affordable Payment Services
Mar 21 2012 // Houston, TX, 03/21/2012 – Pay For Insurance is taking the insurance world by storm with an online payment system that is designed to provide insurance agents, companies, and brokers the ease to collect payments with...
Arizona Insurance Group Worried Bill May Lead to Towing Innocents’ Vehicles
Mar 20 2012 // A bill to change Arizona’s mandatory auto insurance laws to allow law enforcement officials to tow and impound vehicles without liability insurance is raising concerns that it could lead to the towing of a small...
AmWINS Announces Promotion in Philadelphia Office
Mar 20 2012 // AmWINS Group Inc. promoted Matt Szkotak to branch leader of AmWINS Brokerage of Pennsylvania, located in Philadelphia. Szkotak has been serving as property manager in the Philadelphia office for the past 10 years and will...
