Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
E&O Insights: Common Auto, Homeowners Errors
Mar 7 2011 // An Estimated 30% of All Agency E&O Claims Arise from Handling Auto and Homeowners Business When dissecting Errors & Omissions claims frequency, it is apparent there is real E&O exposure for agencies writing...
Bed and Breakfast Industry Makes Room for Web
Mar 7 2011 // Niche Market Rebounds from Recession, Looks to Connect with Gen X and Y Travelers The bed and breakfast industry is shaking off its fusty, lace and ruffles image in a serious attempt to attract younger patronage and...
Agency Management by TV Reality Shows
Mar 7 2011 // What Agency Owners Might Learn from ‘Kitchen Nightmares’ and ‘Undercover Boss’ Reality shows have taken over television. Every network has at least a few each week. They range from absurd spin-offs...
People
Mar 7 2011 // The Property Casualty Insurers Association of America named Jeffrey Junkas regional manager, state government relations. Junkas brings to PCI 15 years of public affairs experience, including six in the property/casualty...
Florida’s E&S Brokers: Doing Business in a World Gone Flat
Mar 7 2011 // Brokers Hoping Improving Economy, Changes in Tallahassee, Rate Deregulation Will Bring Some Relief The numbers alone tell the story. According to the Florida Surplus Lines Office, the total surplus lines premiums written...
People
Mar 7 2011 // Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the...
Pennsylvania Considers Tort Reform, Again
Mar 7 2011 // Pennsylvania lawmakers are once again eyeing a tort reform package — a resurrection of the “Fair Share” act — that many in the insurance industry say would rein in what critics say is a legal system abused...
California Earthquake Authority Targets $5 Million to Help Agents Sell Insurance
Mar 7 2011 // New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with total insured losses ranging between $3 billion and $12 billion. And it’s not...
Texas Windstorm Insurance Litigation Costs Too High, Lawmaker Says
Mar 7 2011 // The amount the Texas Windstorm Insurance Association (TWIA) has paid out in litigation costs as a result of lawsuits stemming from Hurricane Ike claims is far too high, said one Texas lawmaker who’s working on...
Young Agents: What Are YOU Thinking? Exclusive Young Agents Survey
Mar 7 2011 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Gen X, Gen Y agents: who are you? What do you really think about your career?...
People
Mar 7 2011 // San Diego-based Barney & Barney LLC named Michael Bailey and Mark Doscher principals of the firm. Longtime commercial producers in the firm’s San Diego office, both have been key players in the success and...
Why Restaurants’ Insurance Menu Should Include Cyber Risk Coverage
Mar 7 2011 // Many businesses have not updated their insurance to keep pace with today’s world of cyber liability. Restaurants are no exception. Today restaurants use the Internet. A restaurant will likely have its own Web site, a...
NRRA Surplus Lines Requirements: The Devil is in the Details
Mar 7 2011 // Editor’s Note: This is the second installment of a two-part article on compliance with the Nonadmitted and Reinsurance Reform Act. Part one appeared in the West region of Insurance Journal’s February 21, 2011...
California Earthquake Authority Targets $5 Million to Help Agents Sell Earthquake Insurance
Mar 7 2011 // New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with total insured losses ranging between $3 billion and $12 billion. And it’s not...
Web Exchange
Mar 7 2011 // Man v. Machine InsuranceJournal.com reported on the adventures of IBM’s artificial intelligence machine, Watson, and its victory on the TV game show “Jeopardy.” In the article and podcast, What’s...
Social Media Package Policy Provides Answer to New Exposures
Mar 7 2011 // Instant messaging, electronic newsletters, online gaming, discussion forums such as chat rooms and online dating Web sites just to name a few — these are the new ways we communicate and interact with one another. Social...
Restaurants Rebound: Insurance Market Heats Up
Mar 7 2011 // It is no secret that the restaurant industry has been in a slump. As families have cut back on eating out, restaurants have suffered three straight years of a decline in business: -.2 percent in 2010, -2.8 percent in 2009...
People
Mar 7 2011 // Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the...
How Agents Can Serve Their Local Technology Sector
Mar 7 2011 // Late last year, Paul Allen, co-founder of Microsoft, filed a lawsuit over alleged patent infringement against some of the biggest names in technology, including Facebook, Google and Apple. For some, the lawsuit may appear...
Kansas Studying Impact of Health Insurance Act on Agents, Insurers
Mar 3 2011 // Kansas Insurance Commissioner Sandy Praeger will conduct a public fact-finding hearing March 14 regarding the impact on Kansas insurance companies and agents of a medical loss ratio (MLR) provision in the federal...
