Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Arthur J. Gallagher Buys Singapore Broker
May 24 2011 // Arthur J. Gallagher & Co. has acquired specialty insurance broker ITI Solutions Pte Ltd, located in Singapore. ITI’s speclaties include marine cargo, political risk, trade credit risk, and specialty lines. In...
Come Along For the Ride As We ‘Boomerize’ Our Marketing Plans
May 23 2011 // This week, I was in Plymouth Meeting, Penn., instructing a class on generational differences to some 20 insurance professionals. What a great group of people! There were Baby Boomers, Gen Xers and Gen Yers in the room,...
New Jersey Insurance Broker Indicted for Election Fraud
May 23 2011 // A New Jersey insurance broker already charged in a bribery scheme with a former schools superintendent has been indicted on federal election fraud charges. Francis Gartland is accused of scheming with another man to...
U.S. Refuses to Pay Michigan Insurer for Ferrari Wrecked by FBI Agent
May 23 2011 // The U.S. Justice Department has refused to pay $750,000 to a Michigan insurance company for a Ferrari that was wrecked in Kentucky while driven by an FBI agent. In a recent response to a lawsuit in Detroit, the Justice...
General Star Launches Insurance Agents, Brokers E&O Program Through All Risks
May 20 2011 // General Star Management Co. has launched an insurance agents and brokers E&O program, which will be offered through the National Specialty Programs unit of All Risks, Ltd., located Hunt Valley, MD. All Risks will be...
N.Y. Agents Appealing Compensation Disclosure Ruling
May 20 2011 // The Independent Insurance Agents & Brokers of New York (IIABNY) says it is moving forward with a legal appeal of a court ruling that forced agents in the state to reveal their commissions to clients. The group plans to...
West Virginia Seeks Bids on Workers’ Compensation for State Agencies
May 20 2011 // West Virginia is prepared to solicit bids from workers’ compensation insurers to provide coverage for its state employees. The West Virginia insurance department is scheduled to post the request for proposals on its...
Catlin Stokes Broker Compensation Controversy
May 20 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 this week...
Agency Salary Survey Reveals Frozen Salaries; Time to Evaluate Compensation
May 19 2011 // Any business owner knows that a great employee is worth a lot. That holds true for independent insurance agencies when it comes to great producers and the employees that support them. Agencies need good producers, says Al...
Why Bragging May Create a Greater Legal Duty of Care
May 19 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
Agents’ Group Gives $100K to Texas Volunteer Fire Departments
May 19 2011 // Independent Insurance Agents of Texas (IIAT) and its Trusted Choice agents are donating more than $100,000 to the State Firemen’s and Fire Marshals’ Association (SFFMA) to assist volunteer fire departments. The...
Integro Acquires Argo Insurance Brokers
May 18 2011 // Insurance brokerage and risk management firm Integro has acquired Argo Insurance Brokers, a San Francisco Bay Area broker offering commercial, private client services, employee benefits and specialty insurance programs....
Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial
May 18 2011 // In a bid to capture more business from customers who shop online, giant Allstate Corp. has agreed to pay $1 billion to buy two popular online insurance sellers — Esurance and the associated site, Answer...
Cooper Gay/Swett & Crawford Establish Marine Broker
May 18 2011 // Cooper Gay Swett & Crawford Ltd (CGSC) announced the establishment of a specialist marine insurance broker, Junge Verzekeringsmakelaars NV, in Antwerp. The office is part of Junge & Co, which is affiliated with...
Finaccord Forecasts Growth for Europe Professional Indemnity Coverage
May 18 2011 // A new study from financial market research consultants Finaccord forecasts that the market for professional indemnity insurance across ten European countries – Belgium, France, Germany, Italy, Netherlands, Poland,...
Wash. Agents Can File Contractors’ Proof of Insurance Online
May 17 2011 // Washington’s Department of Labor and Industries (L&I) has created an online system for insurance agents to create, cancel and reinstate general liability insurance certificates for contractors registered in the...
Florida Gov. Scott Signs Property Insurance Cost Control Bill
May 17 2011 // Florida Gov. Rick Scott has signed into law legislation that promises to lower costs for the state’s property insurers, including what they pay on sinkhole claims. While the memory of former Governor Charles...
Submit Today: Top 100 Independent Insurance Agencies
May 17 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...
Agents View Carrier Consistency of Product, Price Critical in Relationship
May 16 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...
Brassard Elected Chair of IIABNY
May 16 2011 // Insurance agent Christopher A. Brassard has been elected president of Independent Insurance Agents & Brokers of New York Inc. (IIABNY), heading a new slate of officers for the state trade group. Brassard — who...
