Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Jun 6 2011 // The IMA Financial Group Inc. promoted three in the company’s employee benefits division to vice presidents. Gregg Kamas was promoted to vice president of IMA Financial Group and national practice leader of health...
4 Things Agents Should Do to Avoid E&O Claims
Jun 6 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
People
Jun 6 2011 // Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and chief operating officer. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian...
Web Exchange
Jun 6 2011 // IJ Video Highlights Agents Battle MLR Rules The sweeping federal health care reform law enacted last year is having a major bottom line impact on insurance agents. New rules preventing insurers from including commissions...
People
Jun 6 2011 // West Virginia Insurance Commissioner Jane L. Cline will retire after 10 years on the job. Gov. Earl Ray Tomblin said Cline’s retirement will become effective June 30, 2011 and that he will name a replacement in the...
How Florida’s Agents Fared in Tallahassee
Jun 6 2011 // FAIA President Jeff Grady on Property Insurance Reform, Effects of RMS Model, Citizens For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that...
Franchisor Benefits from Unrest in Captive Insurance World
Jun 6 2011 // Ray Spears, Jeff Wilson, and Charles Donaldson in 2007 established GlobalGreen Insurance Agency as the brand name for the franchise network of independent agencies developed and operated by St. Louis, Mo.-based Equity One...
Agents View Carrier Consistency of Product, Price Critical in Relationship
Jun 6 2011 // Nearly half of independent insurance agents and brokers believe it is most important to their carrier relationships that companies are consistent in product and pricing in the marketplace, a new study co-sponsored by...
Catlin Stokes Broker Compensation Controversy
Jun 6 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin at a...
People
Jun 6 2011 // New Jersey-based New Day Underwriting Managers promoted John Heft to senior vice president and director of its real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the...
Mobile Food Vendor Market Explodes as Insurance Market Evolves
Jun 6 2011 // In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The traditional taco truck sells more than just tacos these days – a lot more....
New York Agents Appealing Compensation Disclosure Ruling
Jun 6 2011 // The Independent Insurance Agents & Brokers of New York (IIABNY) says it is moving forward with a legal appeal of a court ruling that allowed the state to require agents to reveal their commissions to clients. The...
Don’t Forget: Top 100 Independent Insurance Agencies
Jun 3 2011 // Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall...
TKg Appoints Senescu Assistant VP
Jun 3 2011 // TKg has appointed David Senescu assistant vice president, casualty broker, in tKg’s Southern California office in La Quinta. In this role, Senescu will be responsible for the production of brokerage business in the...
U.S. Cuts Premiums for High Risk Plans, Begins Paying Brokers
Jun 1 2011 // Premiums for new federal health insurance plans that cover high-risk people with pre-existing conditions will drop by as much as 40 percent, federal health regulators said Tuesday. The government also will begin paying...
Ustun Inan Insurance Joins The Iroquois Group
May 31 2011 // Ustun Inan Insurance, an agency celebrating its 29th year of business in Fremont, Calif., has joined The Iroquois Group, according to agency principal Ustun Inan. Inan has been in the property and casualty insurance...
Certificates of Insurance Bill Heads to Texas Governor
May 31 2011 // The Texas Legislature has passed a measure that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of coverage. Certificates of insurance are widely used in...
Confie Seguros Buys Two New Jersey Agencies
May 27 2011 // Confie Seguros has acquired two New Jersey insurance brokerages – Royale Insurance and First Americano Insurance Agency. The agencies’ founder and CEO, Remberto Perez, will continue to serve as head of the two...
Georgia’s PointeNorth and Love, Douglas & Pope Agencies Merge
May 26 2011 // Georgia’s PointeNorth Insurance Group and Love, Douglas & Pope Inc. have merged. Effective June 1, the company will operate as PointeNorth Insurance Group. The merger is the third transaction of the year for...
Georgia Insurance Agent Sentenced for Insurance Fraud
May 26 2011 // A Georgia insurance agent who took premiums from a nonprofit pleaded guilty in Bibb County Superior Court to one count of insurance fraud. Broadus W. Marshall Jr. of Macon was sentenced to 10 years of probation, 500 hours...
