Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Jul 18 2011 // Insurance broker Lockton Companies is expanding its business in Florida with the addition of Ed Rivas. Prior to joining Lockton, Rivas spent 11 years as the director of Human Resources and Safety for Arch Aluminum and...
Is It Time to Rename Your Agency?
Jul 18 2011 // Name Your Agency After What It Does Instead of Who Owns It What is in a name? If you ask Shakespeare’s Juliet, she’ll tell you “That which we call a rose by any other name would smell as sweet.”...
Americans at Lloyd’s
Jul 18 2011 // A group of 30 brokers from across the United States and Canada visited Lloyd’s recently as part of an annually organized broker program. The brokers went to London for five days to learn about the Corporation of...
Agents Speak Out on Social Media
Jul 18 2011 // An Insurance Journal poll on agents’ use of social media conducted in January and February showed that 62 percent of respondents’ agencies had some involvement in social media. Granted, there were only 13...
New Jersey Agent Pleads Guilty to Stealing $1.9M
Jul 18 2011 // A former New Jersey insurance agent has pleaded guilty to defrauding nine clients out of more than $1.9 million, state prosecutors said. Daniel J. Trolaro, 35, of Oakland, was working for Prudential Insurance Co. of...
Agency Satisfaction With Insurers Not Driven by Price, Compensation
Jul 18 2011 // Insurance agents tend to give a greater share of their business to insurers with whom they are highly satisfied, according to a J.D. Power and Associates Insurance Agency Satisfaction Study-Personal Lines. The study, based...
Licensing and Other Changes for New York and Connecticut Agents
Jul 18 2011 // Changes in agent-licensing procedures mean New Yorkers can now print and renew their licenses online and Connecticut agents will now only be able to file licensing documentation electronically. In New York, agents, brokers...
Agents Speak Out on Social Media
Jul 18 2011 // An Insurance Journal poll on agents’ use of social media conducted in January and February showed that 62 percent of respondents’ agencies had some involvement in social media. Granted, there were only 13...
Agents for Logging Industry Hang On in Downturn
Jul 18 2011 // The logging and forestry industry has suffered dramatically since 2006, with the amount of lumber being harvested dropping by half to 5 billion from 10 billion since then. Underwriters in this class agree that it has been...
London’s Calling
Jul 18 2011 // Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is...
Floods and Flood Insurance
Jul 18 2011 // While South Central states suffer from drought, the Midwest is paddling upstream against too much water and the flooding has once again put the spotlight on the National Flood Insurance Program with all its faults and...
Creating a Real Value Proposition
Jul 18 2011 // The Myth of Value Added Services These are very interesting times for agents and brokers. It has not been since World War II that our industry has been in these depths – a shrinking premium base. This coupled with a...
Agents Chime In on Social Media
Jul 18 2011 // A recent InsuranceJournal.com poll on agents’ use of social media elicited a number of comments from agents: “Fairly recently, our agency began to embrace social media as a viable tool. We have coordinated FB...
E&O Insights: E&S Market Requires Attention to Detail
Jul 18 2011 // The excess and surplus lines (E&S) marketplace fulfills a huge role in our industry. The exposures it can entertain are virtually limitless. Without this segment of our industry, many risks might very well have gone...
People
Jul 18 2011 // Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as president of the Independent Insurance Agents of Texas for 2011-2012 during the association’s annual business meeting...
Win Ratio
Jul 18 2011 // 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 insurers by the new federal healthcare law’s...
Floods and Flood Insurance
Jul 18 2011 // While South Central states suffer from drought, the Midwest is paddling upstream against too much water and the flooding has once again put the spotlight on the National Flood Insurance Program with all its faults and...
Think Beyond Technology
Jul 18 2011 // Here’s a bedtime story I tell my little ones. Back in the dark ages when I went to college, there was no Internet. Cell phones, for the few who had them, were called car phones since they were installed in cars....
Top Buyers Remain Interested in Acquiring Agencies: Consultant
Jul 18 2011 // There will be a strong ongoing interest in acquisitions of independent agencies and brokerages through 2012, according to the channel’s most prolific buyers whose views are highlighted in a new report. Reagan...
From Accidental Agent to Insurance Goddess
Jul 18 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...
