Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
6 Characteristics of the Best Agencies Today
Oct 4 2010 // Sales Focus, Employee Appreciation, Compensation and Planning All Key Element The best way to get to the top fast is to do the same things that those who are already there are doing. Essentially, management should practice...
Surplus Lines Premiums Down in 2009; But Brokers Say Market is Stabilizing
Oct 4 2010 // The surplus lines industry continues to experience a decline in direct premiums written (DPW). For a third consecutive year in 2009, the surplus lines industry’s DPW fell 4.1 percent, an improvement over 2008 where...
16 Brokers to Use New Single-Entry Commercial Lines Insurance Exchange
Oct 4 2010 // Sixteen insurance brokerage firms have agreed to be the first to use a new Internet-based single entry submission system to transact commercial lines business with carriers, a system that will be made available to all...
Syndicates – The Heart of the Market
Oct 4 2010 // Catlin, and Other Lloyd’s Syndicates As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their...
EU Finance Ministers Seek to End Bank-tax Dispute; Grill Rating Agencies
Oct 1 2010 // European Union finance ministers met on Friday in a fresh attempt to agree a common approach on taxing banks as well as to grill credit rating agencies about how they arrive at their ratings. Three years since the onset of...
Enrollment for Farmer’s Professional Liability Coverage to Begin
Oct 1 2010 // Enrollment for the United Farmers Agents Association’s Errors and Omissions Plan for all qualified agents will begin 10/1/2010 for the coverage period beginning 1/1/2011. Premium will be collected in January when the...
Kansas Commissioner Revokes Licenses of 3 Pittsburg Agents
Oct 1 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...
Indiana Agent to Lead National Association Leadership Team
Oct 1 2010 // J. Michael “Mike” Miley of Gibson Insurance Group was installed as the chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the conclusion of the Big...
NRG in Seattle Named Trusted Choice Agency of the Month
Oct 1 2010 // The NRG Seattle Agency, headquartered in Seattle, Wash., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The NRG...
New York Agents Group Praises Coastal Reform Plan
Oct 1 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)...
Louisiana Agent Joins National Big “I” Leadership Team
Oct 1 2010 // The Independent Insurance Agents & Brokers of America (the Big “I”) announced that Randy Lanoix of Donaldsonville, La., has been installed as the newest member of the association’s executive...
Michigan Young Agents Earn ‘Outstanding’ Award from Big ‘I’
Sep 30 2010 // The National Young Agents Committee (YAC) of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) presented its Outstanding Young Agents Committee of the Year for 2010 award to the...
Best Independent Agencies to Work For
Sep 30 2010 // The results are in from the 2010 Best Independent Insurance Agency to Work For survey by Insurance Journal. The owners of the Best Agencies to Work For in 2010 accent different programs or benefits depending upon their...
Best South Central Agency to Work For: Bryan Insurance Agency
Sep 30 2010 // “I would never consider leaving this agency for another job.” That’s what one obviously very happy employee said of Bryan Insurance Agency in Graham, Texas, one of Insurance Journal’s 2010 Best...
Insurance Agent for Mississippi School System Denies Complaint
Sep 30 2010 // Mississippi Insurance Commissioner Mike Chaney said his office is looking into a complaint that a retiree benefit adviser in the Pascagoula school system steered retirees to private plan she was selling. Chaney told The...
Post-Katrina Duties and Liabilities of Insurance Agents and Brokers
Sep 30 2010 // Following Hurricane Katrina, many insurance agents and brokers found themselves being sued by their customers when they realized that they were underinsured for their losses caused by the hurricane. It is fair to say that...
Training Part II – Small Agencies in Small Towns
Sep 29 2010 // In my previous post Training Part I – Small Agencies in Small Towns I promised that we would discuss meeting and greeting prospects and customers in your office. While we all functionally know how to meet and greet...
Former Illinois Insurance Agent Pleads Guilty to Theft of $375K
Sep 29 2010 // A former insurance agent in Illinois has pleaded guilty to charges of theft of more than $375,000 in insurance premiums, state Attorney General Lisa Madigan has announced. Larry Chouinard, 56, entered guilty pleas in...
Jennings Joins Wholesale Trading Co-Op as President and CEO
Sep 29 2010 // Wholesale Trading Co-Op LLC has announced that John Jennings has joined the firm as president and CEO. He is an experienced wholesale brokerage industry veteran and will lead the WTC founding team managing retail broker...
Abacus Insurance Brokers Expands Online Builder’s Risk Program
Sep 28 2010 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has expanded its Abacus Online Builder’s Risk program. With the...
