Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Why Agencies Should Use Management Systems to Drive Value, Increase Profits
Jul 4 2011 // More than 25 years ago, not long after I started out in my dad’s agency, I found my way to my first agency automation user group meeting. I went because, fresh out of college, my dad agreed that I probably knew more...
Commercial Auto Claims on the Rise – Will Rates Come Next?
Jul 4 2011 // An increase in claims from cargo theft and freight physical damage is expected to lead to higher insurance rates in the commercial auto class, a welcome development for some insurers after years of prices going...
Web Exchange
Jul 4 2011 // IJ Video Highlights Consolidation Nation Later this year the New York State Department of Insurance will complete its merger with the state’s banking department to become the New York State Department of Financial...
Are You a Sales Builder or a Business Builder?
Jul 4 2011 // Are you a great producer running an agency on the side or are you an executive running an agency where one responsibility is making sales? There has always been too much truth to the old adage that doctors are the worst...
From Accidental Agent to Insurance Goddess
Jul 4 2011 // Like many insurance agents, Carrie Reynolds never meant to be one. But 15 years after she became, in her own words, an “accidental agent,” Reynolds is now a principal in Alan Galvez Insurance, an agency started...
Lloyd’s Sees Opportunities in Emerging Markets
Jul 1 2011 // As levels of international trade and the importance of emerging economies increase, Lloyd’s has been very active in its efforts to open up access to overseas markets. However, in an article on its web site it called...
Insurance Agents Cheer State Commissioners’ Vote on Medical Loss Ratio
Jul 1 2011 // In a move being applauded by insurance agents, a task force of state insurance regulators has recommended that states support legislation to protect agent and broker commissions from the expense cap imposed on health...
From Accidental Agent to Insurance Goddess
Jun 29 2011 // Like many insurance agents, Carrie Reynolds never meant to be one. But 15 years after she became, in her own words, an “accidental agent,” Reynolds is now a principal in Alan Galvez Insurance, an agency started...
Swett & Crawford Names McIntosh Workers’ Comp Broker
Jun 29 2011 // Tony McIntosh has joined Swett & Crawford as a California senior workers’ compensation broker. A seasoned worker’s compensation production specialist, McIntosh comes to Swett with 25 years of specialty...
New York’s Schirick Brokerage Merges with Bollinger
Jun 29 2011 // Schirick & Associates Insurance Brokers Inc. of Monticello, New York, which specializes in insuring camps, sports and recreation associations and other non-profit organizations, has merged with Bollinger Inc. Ed...
Top Buyers Remain Interested in Acquiring Agencies: Consultant
Jun 29 2011 // There will be a strong ongoing interest in acquisitions of independent agent and brokers through 2012, according to the channel’s most prolific buyers of agencies whose views are highlighted in a new report. Reagan...
Jury Weighs First U.S. Foreign Bribery Sting Case
Jun 29 2011 // Jurors have seen grenade launchers, M4 rifles and secretly recorded videos of military suppliers working on a deal to funnel money to an official of an African nation they wanted to buy their weapons. Now, after a six-week...
Former Ohio Insurance Agent Sentenced for $12,000 Theft
Jun 28 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that former insurance agent Alexis Prokup, of Perrysburg, Ohio, has been sentenced after pleading guilty to theft. Department of Insurance...
Broker Lockton Opens Memphis Office
Jun 28 2011 // Global insurance broker Lockton has opened a Memphis risk management and employee benefits operation. Joe Lammel, a long time insurance brokerage executive, will lead the office as executive vice president. Lammel spent...
Roth Joins XS Brokers to Head New Connecticut Office
Jun 28 2011 // Patricia Roth has joined XS Brokers Insurance Agency Inc., a Northeast excess and surplus lines wholesale brokerage and managing general agency firm based in Quincy, Mass. Roth has joined the firm’s senior management...
New York Offers Self-Service Printing of Insurance Licenses
Jun 28 2011 // Insurance agents, brokers and other licensees of the New York State Insurance Department are now able to obtain and print copies of new and renewed licenses by accessing a self-service feature on the department’s Web...
Align Adds Abram to Professional Liability Unit
Jun 28 2011 // Align Financial Group Inc. has added Jeffrey Abram as a broker in the San Diego Office of the company’s newly acquired professional liability subsidiary, E.L.M. Insurance Brokers. Abram was previously a senior broker...
Calif. Homeowners Underinsurance Regs Take Effect, Despite Legal Challenges
Jun 28 2011 // A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance in the event of a disaster took effect on June 27....
Delays, Financing Risks More Common for Today’s Construction Projects
Jun 27 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks,...
Arrowhead Wholesale Insurance Names Bleasdale Broker
Jun 24 2011 // Arrowhead Wholesale Insurance Services of San Diego has named Kathy Bleasdale assistant vice president. She will work as a broker working remote in Northern California. Bleasdale has more than 20 years of insurance...