Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Mar 19 2012 // Marsh & McLennan Companies said Vanessa Wittman, the company’s executive vice president and chief financial officer, is leaving to take a senior role at online search giant Google. Wittman is expected to assist...
How to Breathe Life into a P/C Agency
Mar 19 2012 // If someone were to hand you a blank check to enhance your bottom line, would you let it sit on your desk and collect dust? Or would you fill in a number ending with a few zeroes and take some extra cash for doing no extra...
N.Y. Agents Tell Senate Panel of Flood Insurance Claims Hassles
Mar 16 2012 // A director of the Independent Insurance Agents & Brokers of New York told lawmakers and regulators this week that New Yorkers are dealing with unnecessary hassles when they make flood insurance claims. William Oliver...
Oklahoma Insurance Agent Charged with Embezzlement
Mar 16 2012 // An insurance agent in Oklahoma has been charged with embezzlement, authorities say. Oklahoma Insurance Commissioner John D. Doak and Comanche County District Attorney Fred Smith say an investigation of Amanda Sue Wilson of...
RIMS Commends N.Y. Broker Compensation Disclosure Ruling
Mar 15 2012 // The Risk & Insurance Management Society is applauding the New York appeals court for upholding the broker disclosure rule. “Consumers deserve the same transparency and information from their insurance brokers...
Former South Dakota Deputy, Insurance Agent Sentenced for Fraud
Mar 15 2012 // A South Dakota sheriff’s deputy and former insurance producer who pleaded guilty in an insurance fraud case has been sentenced to about 2 1/2 months in jail and 2 1/2 years of probation. Forty-two-year-old Rob...
Polansky Joins Project CAP as Senior Business Leader
Mar 15 2012 // Brady Polansky has joined Minneapolis, Minn.-based Project CAP — created through alliance of the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”), Trusted Choice, state associations...
Do Agency Management Benchmarks Work?
Mar 12 2012 // I have been analyzing agencies for a long time and I believe it is extremely safe to say that no two agencies are the same. At least I have never found two agencies to be the same. This is the problem with so many popular...
Former Agent in Washington Sentenced For Stealing $1 Million-Plus From Clients
Mar 9 2012 // A former insurance agent who stole more than $1 million from elderly clients has been sentenced to 75 months in prison. Jasmine Jamrus-Kassim was arrested in March 2011 after an investigation by the state insurance...
UK Broker BMS Launches New Global Construction Initiative
Mar 9 2012 // Independent global broker BMS Group announced that it has launched a new global construction initiative, to be headed by Gavin Madell, who has over twenty years’ experience in the field. BMS said the new team...
Captives Bring Premium Dollars and Jobs to Missouri
Mar 9 2012 // When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to encourage captives to form or relocate there. Far from...
Connecticut Urges Other States to Sue Credit Rating Agencies
Mar 8 2012 // Connecticut officials are encouraging other states to consider suing credit-rating agencies that gave high grades to risky mortgage-backed securities that plummeted in value when the housing market collapsed in...
Border Patrol Agents’ Widows File Suit in Airzona Crash
Mar 8 2012 // The widows of two U.S. Border Patrol agents killed in a train accident near Gila Bend have sued the railroad and the irrigation district that owns the land crossed by the tracks. The lawsuit filed in Pima County Superior...
Kansas Agent Sentenced to Jail; Must Return $137K to Victims
Mar 8 2012 // A former Pittsburg, Kan., insurance agent will have to pay back more than $137,000 to victims of forgery and theft following a Kansas Insurance Department (KID)-led investigation involving non-payment of clients’...
Survey Seeks Agents’ Views on Florida’s Insurance Market
Mar 7 2012 // So much that is said and written about Florida’s insurance climate is negative. Is there anything good to say about Florida’s insurance market? That’s one of the questions in a brief Florida-only survey...
Broker’s Insurance Group Announces “Biggie Awards”
Mar 7 2012 // Orange, CA, 03/01/12 – The Broker’s Insurance Group (B.I.G) announced the BIGGIE award winners at its inaugural gala on February 23. Over 200 professionals from carriers, suppliers, and agencies came together to...
Mansfield Now Leading Professional Insurance Agents of Indiana
Mar 7 2012 // The independent insurance agent trade group, Professional Insurance Agents of Indiana Inc., announced a new slate of officers for 2012. They are: President James Mansfield, Mansfield Insurance Agency Inc., Lawrenceburg,...
Louisiana Commissioner Warns Agents of Possible Insurance Scam
Mar 6 2012 // Agents in Louisiana should be aware of a potential insurance scam related to habitation risks, according to the state’s top insurance regulator. Louisiana Commissioner of Insurance Jim Donelon issued an alert to all...
Protective Specialty Launches E&O Products for Insurance Agents
Mar 6 2012 // Protective Specialty Insurance Co. has launched a pair of new errors and omissions products for insurance agents. One product will cater to life insurance agents, and the other will be tailored to property/casualty...
Markel International Acquires UK Managing Agent Quay Underwriting
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset. Markel said QU “provides a wide range of...
