Latest Agencies Headlines

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

Heffernan Insurance Brokers Names Davis VP

Dec 7 2010 // San Francisco-based Heffernan Insurance Brokers announced that Julie Davis has joined its San Francisco team as a vice president specializing in the technology industry sector and product specialization in network risk,...

Reward Offered in Killing of Michigan Insurance Agent 3 Years Ago

Dec 6 2010 // Three years after insurance agent Janna Kelly went missing, friends are hoping a $50,000 reward will help solve the mystery of who abducted and ultimately killed the 60-year-old Grand Rapids, Michigan woman. Kelly last was...

Two Charged in 6-Year Fraud Scheme Against Insurance Agent Group, MDRT

Dec 6 2010 // Bond has been set at $1 million for two Illinois men charged with bilking an insurance industry association out of more than $1 million in a scheme that spanned six years, officials said. The allegations involve an...

PowerGuard Specialty Insurance Names Hilsendager VP

Dec 6 2010 // PowerGuard Specialty Insurance Services, a managing general agent and Lloyds cover holder specializing in insurance and risk management solutions for the wind and solar energy industries, added Fred Hilsendager as vice...

Be a Crocodile

Dec 5 2010 // Keeping up with technology can be mind-boggling, even if you’re not the type of person who calls for tech support every time your computer crashes. After all, the past decade has given birth to the iPod, iPhone,...

New York Agents Lose Court Battle over Compensation Disclosure

Dec 5 2010 // New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That decision by Supreme Court Justice Richard M....

Sidelining Agents

Dec 5 2010 // The MLR does not protect agent and broker compensation. In their zeal to control health care costs, federal policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business....

Network Matches At-Home Insurance Retirees with Employers

Dec 5 2010 // Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy...

People

Dec 5 2010 // Frost Insurance in Austin, Texas promoted Sheri Smyth to vice president of personal lines. Smyth, a 23-year insurance industry veteran, manages the personal lines department’s growth and retention efforts, and...

The Problem With Certificates

Dec 5 2010 // Certificates of insurance can create problems for insurance agents, especially in the areas of commercial property and the construction industry. The potential for disputes to arise is so great that the Texas Department of...

The Problem With Certificates

Dec 5 2010 // Certificates of insurance can create problems for insurance agents, especially in the areas of commercial property and the construction industry. The potential for disputes to arise is so great that the Texas Department of...

Fireman’s Fund Ready to Rally

Dec 5 2010 // Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But...

People

Dec 5 2010 // Oakland, Calif.-based catastrophe risk modeling firm EQECAT Inc. named Bill Keogh president. He will be based in the Hackensack, N.J., office. Keogh previously served as senior vice president of strategic initiatives. He...

Employers With Foreign Labor Face Increased Liability

Dec 5 2010 // Insurance Considerations for Agents Insuring Agricultural Employer Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable workforce...

The Problem With Certificates

Dec 5 2010 // Certificates of insurance can create problems for insurance agents, especially in the areas of commercial property and the construction industries. The potential for disputes to arise is so great that a regulator recently...

California Delays Licensing Implementation Six Months

Dec 5 2010 // The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance. AB 2782 would have required existing...

Feds Erred in Loss Ratio Decision

Dec 5 2010 // Congress May Need to Intervene After months of discussions, the interim final rule on Medical Loss Ratios (MLRs) released by the U.S. Department of Health and Human Services (HHS) was a huge disappointment. The rule...

Why Top Performing Agencies Focus on Compensation Expenses

Dec 5 2010 // Performance Benchmarks Help Agencies Measure Success There are a lot of performance benchmarks to focus on to become a top performing insurance agency and to achieve high profitability. One of the areas agencies need to...

Nation’s Fastest Growing Agencies Revealed

Dec 5 2010 // About this report: The economy and soft insurance market have continued to dampen results for many independent insurance agencies. But despite challenging conditions, some agencies have managed to grow their agency P/C...

Motorists Insurance Named Company of the Year by Indiana Agents Group

Dec 3 2010 // Motorists Insurance Co. was among those individuals and groups recognized by the Independent Insurance Agents of Indiana at the agent group’s recent annual convention. The IIAI honored Columbus, Ohio-based Motorists...