Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

U.K. Brokerage Acquires Dallas-based CSI Entertainment Insurance

Mar 8 2011 // Doodson Broking Group, an entertainment insurance specialist based in the United Kingdom, has acquired Dallas-based CSI Entertainment Insurance to form Doodson Entertainment. The partnership creates an insurance broker for...

Schulte Joins Lockton’s Brokerage Team in St. Louis

Mar 8 2011 // Insurance brokerLocktonhas added Scott Schulte as producer in its St. Louis, Mo., office. Schulte brings more than 13 years of experience in the health care industry to Lockton.His employee benefits consulting expertise...

Heffernan Insurance Brokers Adds Murphy as New Board Member

Mar 8 2011 // Walnut Creek, Calif.-based Heffernan Insurance Brokers, one of the largest independent insurance brokerage firms in the United States, has added Leslie Murphy to its board of directors. Murphy is a Marin County resident...

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...