Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Mar 5 2012 // Los Angeles, Calif.-based Poms & Associates Insurance Brokers Inc. has named John Rossetti vice president of the employee benefits group in the firm’s Albuquerque, N.M. office. Rossetti was previously an account...
Captives Bring Premium Dollars and Jobs to Missouri
Mar 5 2012 // The State Is Serious About Encouraging Captive Growth 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...
P/C Insurers Face Obstacles on Road to Hard Market
Mar 5 2012 // With interest rates low and looking like they will stay low for some time, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C insurers...
People
Mar 5 2012 // W. Martin Yung has been selected chief executive officer for JDW Insurance, headquartered in El Paso, Texas. Yung is a shareholder and a member of the board of directors. He has served as president of the firm since...
Alaska’s Hall Saying Farewell to Director Post
Mar 5 2012 // Linda Hall started as director of Alaska’s Division of Insurance on March 3, 2003, and nine-years later she’s calling it a day as the top authority on insurance in the land of the midnight sun. The state has...
Agent Licenses Double in N.D.
Mar 5 2012 // Officials said the telephone and the Internet have spurred an almost twofold increase in the number of insurance agents licensed to do business in North Dakota in the past decade. State insurance department data show an...
You Can’t Put a Price on Benefits of Involvement
Mar 5 2012 // Agent advocacy may be the number one reason independent insurance agents join professional associations, one veteran agency owner says, but the benefits of participation are many and varied. Powered by...
The Power of Choice
Mar 5 2012 // Peering across the market, it’s easy to see the telltale signs of a market in transition, the completion of one cycle and the beginning of another. This time around, dusting off the old underwriting “hard...
There’s an App for That: Mobile Phone Quoting
Mar 5 2012 // Don’t be surprised if in the not-too-distant future on a television commercial you see Flo, adorned in her white apron, drop her price scanner and pick up a smartphone, on which she takes a picture of a...
N.J. Audit Finds State Health Plan Cheaper for Towns
Mar 1 2012 // More than a third of New Jersey counties and towns are wasting millions of dollars on health insurance brokers and premiums when switching to the state’s plan would be cheaper, a new audit has found. The report from...
5 Startup Businesses Agents Should Watch
Mar 1 2012 // It hasn’t been the best of times for America’s Main Street businesses. Often facing overwhelming competition from big box stores, many small businesses face an uphill battle from the outset and more than a few...
Google Privacy Policy Violates European Law, Agencies Say
Mar 1 2012 // Data protection agencies in European countries have concluded Google Inc.’s new privacy policy is in breach of European law, EU Justice Commissioner Viviane Reding said on Thursday. France’s data protection...
Insurance Journal Co-Sponsors Study on Agents’ Views on Carriers
Mar 1 2012 // Channel Harvest Research, in partnership with Insurance Journal, has launched a major new study on the Independent Agency System, probing agents’ attitudes toward property/casualty insurance carrier relationships...
Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched
Feb 29 2012 // The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based...
Independent Agency System Marked by Changes and Challenges
Feb 28 2012 // Bob Bramlett Robust merger and acquisition activity, carrier relocations and an aging workforce are influencing independent insurance agencies in ways an agency owner might not have experienced decades ago. But Bob...
West Virginia Judge OKs Settlement in Agent Orange Suit
Feb 27 2012 // A West Virginia judge has approved a settlement in a class-action lawsuit filed by residents who say that chemical manufacturer Monsanto burned dioxin wastes, polluting the area with unsafe levels of the chemical. The...
P/C Insurers Face Obstacles on Road to Hard Market
Feb 24 2012 // With interest rates low and looking like they will stay low for some time to come, property/casualty insurance companies will have to focus on making their profit on underwriting rather than on investments. However, P/C...
New London Broker Q360 Launched in Partnership with Tawa
Feb 23 2012 // A new London-based broker, Q360, has been launched with Tawa providing the capital backing. Q360 Ltd will initially operate within the business sectors of onshore energy, property, binding authorities, professional...
Success or failure on paper
Feb 23 2012 // Success or failure on paper By: David Connolly iQ Consulting They are the primary form of communication with our underwriters. They have a substantial impact on our reputation. They are often the difference between winning...
Professional Underwriting Group Provides Insolvency Carve Back
Feb 22 2012 // The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance...