Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
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....
