Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Analyzing Agency Management Benchmarks
Feb 20 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...
Compensation Freeze Comes to an End?
Feb 20 2012 // Agencies Report Salaries and Compensation on the Rise, Slightly It looks like the freeze may be over. For the first time since 2008, independent agency salaries rose in 2011, albeit only slightly. According to Insurance...
Perpetuation. It’s Your Legacy
Feb 20 2012 // There are an ever-growing number of great insurance agencies. With few exceptions there are an ever-growing number of great individuals leading these very organizations. It is all part of a natural process where the weaker...
Louisiana Senator Co-Sponsors Bill to Protect Agent Health Commissions
Feb 20 2012 // Two U.S. senators have filed a bill to clarify that agent compensation should be excluded from the federal health reform Medical Loss Ratio (MLR) requirement for the individual and small group markets. Sen. Mary L....
Southeast Business Moves
Feb 20 2012 // BB&T Corp, Crump North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group. BB&T said it will pay $570 million in cash...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 20 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
Independent Agency System Marked by Changes and Challenges
Feb 20 2012 // 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 Bramlett, president...
Long-time California Insurance Lobbyist Looks to 2012 Legislation
Feb 20 2012 // John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work...
Out-of-Trust C.M. Meiers Brokerage in California Fetches $1.375 Million at Auction
Feb 20 2012 // Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned earlier this month at a U.S. bankruptcy court near Los Angeles, with three competing bidders pushing the sales price to $1.375 million for the troubled...
People
Feb 20 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice...
JLT in Tie-up with Spanish Commercial Broker Unipsa
Feb 15 2012 // The UK-based Jardine Lloyd Thompson Group plc announced that it will combine its existing Spanish retail brokerage business, JLT-SIACI Espana S.L., with the business of March – Unipsa Correduria de Seguros, S.A.U.,...
Worldwide Broker Network Brings on Associate Members
Feb 15 2012 // San Mateo, Calif.-basedWorldwide Broker Network has expanded its membership to include associate members. WBN membership has always been limited to property/casualty and employee benefits brokers, so the admission of...
Wall Street Fights Back vs. Expert Witness in Lawsuits
Feb 14 2012 // For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies. As those victories piled up, brokerages went to war on...
Reagan Survey: Organic Growth and Profitability Continues to Improve for Privately-held Insurance Agencies and Brokerages
Feb 14 2012 // Atlanta, GA, 02/12/12 – Reagan Consulting released its 2011 year-end Organic Growth and Profitability Survey (OGP Survey) results today. The OGP Survey, now in its fourth year, is a real-time indicator of quarterly...
The Graham Company in Philadelphia Appoints Vice Chairman, COO
Feb 13 2012 // The Graham Company, one of the Mid-Atlantic region’s largest insurance and employee benefits brokers, appointed Michael Mitchell as vice chairman and Kenneth Ewell as president and chief operating officer. Both have...
Alabama Insurance Agent Enjoys New Acting Career
Feb 10 2012 // Stan Houston has felt the power of Kenny Powers. Houston, an Enterprise insurance agent based in Dothan, Ala., filmed a scene in July for an upcoming episode of the HBO comedy series “Eastbound and Down.” The...
Safeco Insurance Announces Agent Leaders for the National Advisory Council
Feb 9 2012 // Seattle, Wash.-based Safeco Insurance announced new leaders for its National Advisory Council in 2012. They are Shane Tatum, president, and Jeff Ogard, vice president. Tatum, who has served on the agent council since 2004,...
Strategic Insurance Agency Alliance Adds 4 South Central Agencies
Feb 9 2012 // Four South Central independent insurance agencies joined the Strategic Insurance Agency Alliance in January. The new agencies are: Iron Property Insurance Agency of Houston; Parks Agency of Big Spring, Texas; Huckleberry...
SIAA Signs 10 New Agencies in the Midwest
Feb 8 2012 // The Strategic Insurance Agency Alliance (SIAA) announced it added 10 independent insurance agencies in the Midwest in January. SIAA’s newest members from the Midwest are: Tervo Agency of Hancock, Mich., Fairview...
ISU Network Adds Two Midwest Agencies
Feb 8 2012 // San Francisco-based ISU Network announced that two new independent insurance agencies in the Midwest have joined the agency group. ISU welcomed ISU Papineau Insurance of Tioga, N.D., and ISU Cherris Insurance Agency of...
