Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
North Carolina Agents Honor Newmister of Montgomery Insurance
Oct 20 2010 // Montgomery Insurance Co. Regional Vice President Nancy Newmister has been named the Independent Insurance Agents of North Carolina’s (IIANC) Company Professional of the Year. The award was presented to Newmister...
Allstate Looking for 40 New Agency Owners in Michigan
Oct 20 2010 // Allstate Insurance Co. said it has launched a recruitment campaign to sign on 40 new agency owners in Michigan by the end of 2011. In addition, the insurer said new and existing Michigan Allstate agencies are projected to...
Michigan Alleges $50 Million Fraud Involving 41 Agents
Oct 19 2010 // Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar...
Lloyd’s McGovern Works to Expand No. American Business; Part II
Oct 18 2010 // Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to...
Some Rezoned Flood Insurance Policyholders Get Price Break
Oct 18 2010 // The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in...
New York Agents Group Praises Coastal Reform Plan
Oct 18 2010 // A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY)...
Out-of-State Agents Blast Massachusetts Paperwork Requirement
Oct 18 2010 // A trade group for agents in several Northeast states are urging Massachusetts regulators to shelf new paperwork requirements for out-of-state businesses’ workers’ comp coverage. Massachusetts Division of...
New Jersey Insurance Broker Pleads Guilty in Loan Scheme
Oct 18 2010 // A former partner in a New Jersey insurance brokerage firm has admitted stealing more than $20 million in a fraudulent loan scheme. Forty-eight-year-old Gavin Gatta of Wayside pleaded guilty in U.S. District Court in Newark...
In Developing Producers, a Little Help From One’s Friends Goes a Long Way
Oct 18 2010 // As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend...
Kansas Commissioner Revokes Agents’ Licenses
Oct 18 2010 // Kansas Commissioner of Insurance Sandy Praeger recently revoked the licenses of three Crawford County insurance agents and warned area citizens who may have been customers of the agents to check with their insurance...
People
Oct 18 2010 // Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join...
A Franchise Model for Insurance Agencies
Oct 18 2010 // Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like a strange idea, but that’s what John Rost, founder,...
How a Smaller Georgia Agency Plays with the Big Boys
Oct 18 2010 // This is the David versus Goliath story of how the Mallory Agency, a small independent insurance agency in LaGrange, Georgia, has faced off against bigger agencies and won. Its weapons: “face time,” professional...
People
Oct 18 2010 // Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services. Holcombe brings more than 20 years of experience as an insurance counseling...
California’s Commissioner Hopefuls
Oct 18 2010 // Unlike many voters, the hundreds and thousands of independent insurance agents and brokers in California know the November 2 election will be a pivotal one. After all, on that day, Californians will select a new insurance...
Commercial Lines Leaders
Oct 18 2010 // About the Commercial Lines Leaders: The 2010 Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property/Casualty Indepdendent Agencies as reported in August. This list...
Online Client Access – Get Your Agency on Board
Oct 18 2010 // More Customers Demand 24/7, Real-Time Access to Policy Information Today, people continue to migrate to the Internet to accomplish many of their day-to-day tasks. And as we move into the second decade in the 21st century,...
Who’s Giving in Federal Politics
Oct 18 2010 // Top Insurance Contributors to Federal Candidates and Parties Property/casualty insurance advocacy groups, including the Independent Insurance Agents & Brokers of America, the Council of Insurance Agents & Brokers...
User Experience and the Generation Gap
Oct 18 2010 // Currently, the insurance industry is on the brink of a demographic shift, and as more young professionals begin to enter the field and veterans begin to retire, a whole new set of expectations arises regarding technology...
The Power of More
Oct 18 2010 // Why the Time is Right for Agency Networks They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for...
