Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
National Flood Insurance Program Offers Free Seminars for Penn. Agents
Nov 1 2011 // The National Flood Insurance Program (NFIP) said it is offering insurance agents free training seminars on flood insurance in several locations across Pennsylvania. The seminars will cover basic insurance issues and also...
Agents Can Advise Clients on Halloween Coverage, Accident Prevention
Oct 31 2011 // The Halloween night is filled with frightful risks. Fortunately. insurance agents can play a helpful role by advising their clients about coverage and accident prevention. • The Insurance Information Institute says...
Why Real Estate Professionals Need E&O Coverage
Oct 31 2011 // As real estate professionals know well, most signs point to slow progress in real estate industry growth. Professionals are left to manage their costs, make cuts where possible, keep up-to-date on industry trends, fight...
William Gallagher Settles With Regulators, Will Pay $1.7M
Oct 31 2011 // Insurance broker William Gallagher Associates Inc. will pay $1.7 million as a settlement with Connecticut regulators over allegations that it overcharged a client. The state regulators accused the Massachusetts-based...
BrokersLink Adds 8 New Members
Oct 31 2011 // BrokersLink, a major independent international insurance broker network, announced that new brokers had joined the organization in Israel, Indonesia, South Korea and the Caribbean. Its members’ managed premium...
Aon Profit, Brokerage Revenues Up in Q3; Hewitt Costs Take a Bite
Oct 28 2011 // Aon Corp. reported a profit jump for the third quarter ended Sept. 30, 2011. Net income increased 38 percent to $198 million, compared to $144 million for the prior year quarter. Total corporate revenue increased 51...
Utica National Launches Cybersurance for Small Businesses
Oct 28 2011 // Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and...
Brokers Flock to Sign up for London Market’s Electronic Trading ‘e-Accounts’
Oct 28 2011 // The London market’s ambition to enable brokers to trade globally with it more easily has taken a significant step closer with phase one of e-Accounts now operational. Brokers using the system can “send and...
Massachusetts Agents Drop Ballot Effort on Credit Ban
Oct 27 2011 // The Massachusetts Association of Insurance Agents (MAIA) has agreed to a request from state lawmakers to withdraw the ballot initiative it filed in August to prohibit the use of credit scoring, education, and occupational...
High Hopes for High Tech: Interview with New Applied Systems CEO
Oct 27 2011 // Insurance agencies are under pressure to quickly adopt new technologies in order to keep up with competitors, according to a newcomer to the insurance industry who is now positioned to help agencies do just that. Reid...
Marsh Says Workers’ Comp Rates Fell 1.1% on Average in Q3
Oct 25 2011 // Workers’ compensation rates decreased an average of 1.1 percent and a median of 1.5 percent at renewal during the third quarter, according to Marsh. The New York-headquartered brokerage firm released the data on Oct....
California MGA Yates Adds Broker
Oct 24 2011 // Barbara Carey has joined Tustin, Calif.-based managing general agent Yates as an underwriter and broker. Carey spent the last eight years as senior broker and vice president of another California wholesale brokerage. Carey...
South Dakota Deputy, a Former Insurance Agent, Indicted on 4 Counts of Grand Theft
Oct 24 2011 // A Minnehaha County, South Dakota, grand jury has indicted a Douglas County Sheriff’s deputy on four counts of grand theft. Court documents say that while licensed as an insurance producer, 41-year-old Rob Hotchkiss...
Pennsylvania Agent Accused of Stealing $255K From Clients
Oct 21 2011 // A Berks County, Pennsylvania, resident has been charged with theft of more than $255,000 in insurance premiums from clients. The charges were brought against Joseph Maurer, 58, who owned and operated Commonwealth...
ShakeOut in West May Raise Disaster Awareness
Oct 20 2011 // Today may be a good day to sell disaster insurance in the Western United States. A massive earthquake drill set for 10:20 a.m. PDT today is designed to raise awareness of the disasters that can be posed by a massive...
Baker Joins Texas Agent Group as Director of Health Insurance Information
Oct 20 2011 // Misty Baker has joined the Independent Insurance Agents of Texas as director of health insurance information. In this newly created role, Baker will serve as a member resource for agency personnel working in life and...
Gumtree Wholesale Insurance Hires Cota in Missouri Office
Oct 20 2011 // Vicki Cota has been named underwriter/broker at Gumtree Wholesale Insurance Brokers Inc. in its Springfield, Mo., office. She previously served as professional liability underwriter for Bohrer-Croxdale & McAdoo...
N.J. Insurance Agent Indicted for Allegedly Stealing $176K
Oct 20 2011 // A Camden County, New Jersey, insurance agent was indicted for allegedly stealing more than $172,000 from insurance purchasers and for allegedly failing to remit insurance premiums worth over $3,200. The indictment was...
French Broker Filhet Allard Joins BrokersLink in Expansion Move
Oct 20 2011 // Filhet Allard, the 6th largest corporate broker in France, has become a member of BrokersLink, the independent insurance broker network, whose members manage premium volumes in excess of $14 billion, as part of the...
Florida’s Ranew, Ranzino Agencies Merge
Oct 18 2011 // Two Florida insurance agencies have merged as part of a plan to increase their business in southeast Florida. Ranew Insurance President Barry Ranew and Ranzino Insurance President Marion Ranzino announced they are merging...
