Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
MarketScout Access Portal Connects Retail Agents to Starr
Oct 26 2010 // MarketScout, a Dallas, Texas-based electronic insurance exchange, has established Target Agent Gateway (TAG), which is a portal providing retail agent’s rapid access to Starr Insurance Companies. Also, to help agents...
Liberty Mutual Enhances Commercial Umbrella Policy
Oct 25 2010 // Enhanced coverages, the need for fewer endorsements, and language that is easier to understand are some of the key ingredients of the new umbrella liability policy now available through Liberty Mutual’s Commercial...
New Jersey School Chief Charged in Insurance Kickback Scheme
Oct 25 2010 // The superintendent of New Jersey’s fourth-largest school district surrendered to the FBI on Thursday and was charged with fraud and bribery over an alleged insurance-kickback scheme that federal officials called...
Agents Put $300,000 Behind Wash. Workers’ Comp System Privatization
Oct 25 2010 // A recent poll shows that Washingtonians are divided over whether to open the state workers’ compensation system up to the private market. Elway Poll results indicate 31 percent of voters are in favor of passing voter...
3 Ways to Improve Your Business with the Virtual Insurance Marketplace
Oct 21 2010 // What is the Virtual Insurance Marketplace? What if you could get all the benefits of attending an insurance trade show without any expense or leaving your office? • Find New Markets • Connect with Existing...
California Commissioner Hopeful: Assemblyman Dave Jones
Oct 21 2010 // On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why...
Georgia Insurance Commissioner Race: Attracting Insurers, Value of Agents
Oct 21 2010 // The three politicians who want to be Georgia’s next insurance commissioner see eye-to-eye on the need for the insurance regulator to be involved in attracting new insurers and insurance jobs to the state. According...
Specialty Products Manufacturing: Multiple Opportunities for Injury
Oct 21 2010 // In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council. While the statistics reveal injuries from seemingly innocuous...
Louisiana Agent Told to Stop Selling Insurance
Oct 21 2010 // A West Monroe agent was served by the Louisiana Department of Insurance Fraud Section investigators with a cease and desist order, license revocation and $5,000 fine notice for alleged misappropriation. Jennifer Dianne...
Defining Your Core Values – Small Agencies In Small Towns
Oct 20 2010 // The question I continue to be asked is how do I make sure that employees will take care of my customers the same as I do. We have previously discussed training the receptionist. However, before you consider adding the...
Lloyd’s to Restructure Claims Management Procedures
Oct 20 2010 // Tom Bolt, Lloyd’s Underwriting Performance Director, outlined plans in a speech last week to reorganize Lloyd’s claims handling procedures. He received immediate, and no doubt expected, support from...
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...
