Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Durham and Bates Agencies Names Hurst President, CEO
Jan 24 2011 // Portland, Ore.-based Durham and Bates Agencies Inc. has selected William D. Hurst as CEO and president. Hurst, an internationally known marine insurance broker, and leader of Durham and Bates’ Marine Practice for 25...
2010 Ends with a Bang
Jan 24 2011 // Fourth Quarter Brings In Record M&A Activity Following a year of historically low merger and acquisition (M&A) activity in 2009, market, economic and political dynamics fueled the fourth most active year of M&A...
Six Keys to Harleysville’s Turnaround
Jan 24 2011 // How The Pennsylvania Insurer Made a Company-Wide Shift in its Business Approach Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year...
Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule
Jan 24 2011 // California Insurance Commissioner Dave Jones has signed an emergency order to enforce the medical loss ratio. The MLR rules require insurers to annually disclose the percentage of premium revenue spent on reimbursement for...
Medicare Set Asides in Workers’ Compensation
Jan 24 2011 // What Agents & Brokers Need to Know One of the most important services a broker provides its customers is workers’ compensation claims review. Successful resolution and prompt closure of workers’...
Sidelining Agents
Jan 24 2011 // In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging...
Court: Only English Required in Arizona Uninsured/Underinsured Form
Jan 24 2011 // The Supreme Court of Arizona has ruled that the state’s uninsured motorist (UM) and underinsured motorist (UIM) coverage selection or rejection form only needs to be filed in English ā even when dealing with...
People
Jan 24 2011 // National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside...
China’s Continental, Korea’s Daewoo INS Join Assurex Global Broker Network
Jan 24 2011 // Assurex Global, the worldwide broker network, announced that it has added two new firms to the network: Continental Insurance Brokers Limited (CIB), with headquarters in Beijing, China, and Daewoo INS Korea Corp. in Seoul,...
Crump Adds Domitrovich as Assistant VP-Broker in Chicago
Jan 21 2011 // Crump Insurance Services has hired Matthew Domitrovich as assistant vice vresident, broker in its Chicago office. Domitrovich has more than four years’ experience placing casualty risks. He previously was with...
Main Street America Introduces Personal Auto, Property Product to Grain Dealers Agents in Indiana
Jan 20 2011 // The Main Street America Group has introduced its Personal Auto MVP property and liability product via its network of nearly 100 Grain Dealers Mutual Insurance Company independent insurance agents throughout Indiana. Super...
Florida Suspends Lake Worth Agent’s License
Jan 19 2011 // A Lake Worth, Fla. insurance agent’s license has been suspended after he allegedly misappropriated automobile insurance premiums and issued bogus insurance identification cards to consumers. Hector Marcano, owner of...
Agent Group Sounds Alarm Over Federal Insurance Study
Jan 19 2011 // Congress should refuse to fund a study of insurance regulation that the new Federal Insurance Office is supposed to conduct, an insurance agents’ trade group said. The National Association of Professional Insurance...
Insurers Fined More Than $580,000 in Washington
Jan 19 2011 // Washington Insurance Commissioner Mike Kreidler fined insurers more than $580,000 in 2010 for violations including illegal telephone solicitation and overcharging customers. Kreidler also revoked the licenses of more than...
Agents Notified of TWIA, Texas Fair Plan Information Requests
Jan 19 2011 // The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) recently notified insurance agents that the organizations have received a formal request to inspect or copy some of their files. The...
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Hub Acquires Assets of Canadian Broker Grande Prairie
Jan 11 2011 // Hub Acquires Assets of Canadian Broker Phoenix Grande Prairie Group Hub International Limited announced that it has acquired the assets of Phoenix Insurance Group Grande Prairie Inc., headquartered in the Canadian Province...
Combined Agents of America Expands with Agencies in Texas, Kansas
Jan 11 2011 // Austin, Texas-based Combined Agents of America, LLC (CAA) announced it has added two new agency members, one located in Kansas and one in North Texas. With the addition of the two new members of the group — Elliott...
Employers With Foreign Labor Face Increased Liability
Jan 10 2011 // Insurance Considerations for Agents Insuring Agricultural Employers Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable...
People
Jan 10 2011 // Pennsylvania-based wholesaler USG Insurance Services has named Jason Holloman as property broker specializing in large commercial and CAT-exposed risks. Holloman most recently served as a wholesale property broker with...
