Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Caliper’s Greenberg Receives Big ‘I’s’ Chairman’s Award
Nov 17 2011 // The Independent Insurance Agents and Brokers of America (Big “I”) recently presented Caliper Corp.’s founder and CEO Herb Greenberg with the association’s chairman’s award. Greenberg was...
Van Wagoner Entering Oklahoma Commercial Earthquake Market
Nov 16 2011 // Texas-based managing general agency, Van Wagoner Companies, plans to begin selling “monoline” commercial earthquake insurance as a surplus line in Oklahoma, the Oklahoma Insurance Department announced. Van...
Tennessee Alters Surplus Lines Licensing
Nov 15 2011 // The expiration date for surplus lines licenses in Tennessee will soon have to coincide with the expiration of an agent’s primary insurance producer license. All surplus lines license expiration dates will be moved...
Agents Say Arkansas Earthquake Insurance Sales Up
Nov 15 2011 // Insurance agents say the recent 5.6 magnitude earthquake in Oklahoma has led many Arkansans to add earthquake insurance to their homeowner policies. The Nov. 5 quake east of Oklahoma City left damage over a wide area and...
Willis UK Broker Networks Add Nine New Members
Nov 15 2011 // Willis Group Holdings announced that nine new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK. Willis Networks is made up of the Willis Commercial Network (WCN), which...
Agencies Saw Business Interruption Claims After October Nor’easter
Nov 15 2011 // Local agencies in the Northeastern region say they saw cases of business interruption claims following the unusual, freak snowstorm that swept through the area last month. Many claims came from local restaurants and diners...
Lawyers, Firms Line Up as MF Global Crumbles
Nov 14 2011 // Just days after the collapse of MF Global, a healthcare plaintiffs’ lawyer registered the domain mfglobal-lawsuit.com — a sign of the legal business the brokerage’s failure is expected to...
Vanliner Launches Affinity Program for Arpin Moving and Storage Agents
Nov 14 2011 // Vanliner Insurance Co., an insurer in the moving and storage industry, has introduced the Arpin Affinity Program, an insurance product developed exclusively for moving agents affiliated with Arpin Van Lines. The program is...
Small Business Owners Report High Trust in Agents, Survey Reports
Nov 14 2011 // Small business owners trust their independent insurance agents and commercial insurance carriers more than other financial services businesses, a new study reports. The study, commissioned by The Hanover Insurance Group...
MMA (UK) Revamps Shops, Offices, Surgeries Products for Brokers
Nov 14 2011 // MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments...
Lockton Now Trading by ‘e-Accounts’ in London Market
Nov 14 2011 // International broker Lockton announced that its London operations have “commenced trading with e-Accounts, the initiative which enhances the electronic submission of accounting entries by brokers to support global...
Missouri Pastor Pleads Guilty in Death of Congregant, an Insurance Agent
Nov 10 2011 // A former western Missouri pastor has pleaded guilty in the death of a former member of his church. Fifty-two-year-old David Love of Independence pleaded guilty to second-degree murder in the death of 42-year-old Randy...
CRC Insurance Services Appoints Casualty Broker in New Jersey
Nov 9 2011 // CRC Insurance Services, a wholesale broker headquartered in Birmingham, Ala., hired Kenneth Echols as a casualty broker for the Parsippany, N.J., office. In his new role, Kenneth will focus on helping retail insurance...
Louisiana Insurance Agent Arrested for Alleged Fraud, Forgery
Nov 7 2011 // A Shreveport, La., insurance agent has been arrested on charges of insurance fraud and forgery. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Stephanie Losey, 57, on one count of insurance fraud....
Mass. Agents Drop Ballot Effort on Credit Ban
Nov 7 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...
Rental Properties Offer a Lucrative Niche for Insurance
Nov 7 2011 // Dark clouds continue to hang over the U.S. housing market with prices still well below their peak and foreclosures high in many parts of the country. But there is a silver lining — great bargains on rental properties....
Independent Agencies Showing Signs of Recovery, Better Profitability, Study Reveals
Nov 7 2011 // Things are looking better for the nation’s property/casualty independent insurance agencies. Organic growth for these agencies improved somewhat last year and their profitability held constant across most of the six...
People
Nov 7 2011 // Florida insurance broker Kuykendall Gardner has tapped Nicholas Carbone to serve as a vice president of transactional risk. In this role, he will assess, mitigate and transfer risk through insurance and other business...
People
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
2011 Agency E&O Survey
Nov 7 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They must protect their...
