Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Florida Agent Leader Johnson to Retire
Dec 3 2010 // After more than 40 years in the insurance industry, Scott Johnson, executive vice president of the Florida Association of Insurance Agents (FAIA), will be retiring in December. Johnson has served the FAIA since...
Investors Like Aon’s Growth Strategy
Dec 2 2010 // Top global insurance broker Aon Corp. looks to grow over the next couple of years on the back of improved pricing and a recent key acquisition, which appears to be attracting smart investors to the stock. While some...
Kauffman Installed as President of Indiana Agents Group
Dec 2 2010 // The Independent Insurance Agents of Indiana has installed Byron C. Kauffman as president of the organization for 2011. Kauffman is with Wetzel Insurance Agency Inc., North Manchester, Ind. Other officers installed for 2011...
Brokerslink Adds Three New Members in Global Expansion
Dec 2 2010 // Brokerslink, one of the world’s largest independent insurance broker alliances, has added three new members expanding its presence in key geographical markets and specialist business areas. The new members...
Colemont Texas Now Operating as AmWINS Brokerage of Texas
Dec 1 2010 // AmWINS Group announced that effective Dec. 1, the Texas operations of Colemont Insurance Brokers has been officially renamed AmWINS Brokerage of Texas. AmWINS and Colemont announced in April 2010 that they planned to...
E&O Insights: Nothing Standard About Professional Liability
Dec 1 2010 // Typically, when looking to move an account from one carrier to another, you can count on some degree of similarity in policy forms. For the most part, a general liability policy with one standard company will look similar...
State Regulators Worried About Future of Health Insurance Brokers
Nov 29 2010 // State insurance regulators have established a task force to monitor the negative effects the new federal health reform law might have on health insurance agents and brokers. The National Association of Insurance...
Former North Dakota Agent Gets Probation, Makes Restitution
Nov 29 2010 // An insurance agent who conned a Grand Forks, N.D., real estate company into paying for nonexistent home insurance policies has been given four years of probation. A judge also ordered 44-year-old David Glessner to have...
The Time is Not Right to Drop Real Estate Professionals E&O
Nov 29 2010 // The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market realtors would not consider dropping their errors and...
Texas to Insurers and Agents: Don’t Misrepresent Insurance Coverage
Nov 29 2010 // The Texas Department of Insurance issued a bulletin reminding insurance companies and agents that misrepresentation of insurance policies by failing to state a necessary material fact, or by making a statement in a manner...
Breckenridge Buys St. Louis Wholesale Broker IPSICO
Nov 24 2010 // Ohio-based wholesale insurance broker and program administrator Breckenridge Insurance Services has acquired the assets of International Placement Services, LC (IPSICO), a wholesale insurance brokerage firm in St. Louis....
UK MGAs Gather to Support New Managing General Agents’ Association
Nov 24 2010 // The UK’s insurance industry has spawned numerous professional and trade associations over the years, but, oddly enough, one of the most important sectors, the managing general agents, or MGA’s, who underwrite...
IIAH Young Agents Begins 2nd Annual Be An Angel Drive
Nov 24 2010 // The IIAH Young Agents of Houston kicked off their second Annual Be An Angel Drive with a silent auction that was held at the IIAH 2010-2011 Officer Installation Dinner in September. By the end of the night, the Young...
California Delays Licensing Implementation Six Months
Nov 24 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...
Sierra Specialty Names Silberstein Broker in Hawaii
Nov 23 2010 // Sierra Specialty of Clovis, Calif., has added Jean Silberstein as a broker to expand the company’s presence in Hawaii. Silberstein moved to Hawaii in 1978 and worked in the insurance wholesale business before...
Black Friday, Cyber Monday: Holiday Shopping Rush Brings Risks
Nov 23 2010 // Americans’ spending hits a fever pitch during the holidays and two days in particular – “Black Friday” and “Cyber Monday” – leave retailers and consumers vulnerable to different...
Trustees for LexisNexis Insurance Exchange Named
Nov 22 2010 // The insurance technology platform that promises to streamline transactions between insurance agents/brokers and their carriers now has a formal advisory board to guide data privacy, pricing and other policies. The new...
New York Agents Lose Court Battle over Compensation Disclosure
Nov 22 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 just-released decision by Supreme Court Justice...
Health Insurance Brokers May Ask Congress to Protect Commissions
Nov 22 2010 // As insurance brokers feared, the Obama Administration has not exempted broker commissions from the formula for the medical loss ratio that health insurers must adhere to beginning in 2011. Brokers say they may ask Congress...
Hong Kong Broker Houlder Insurance Joins Assurex Global
Nov 18 2010 // Assurex Global, the international network of independent insurance brokers, has added Houlder Insurance Brokers Far East Limited of Hong Kong to its exclusive list of Partners, bringing total membership in the network to...
