Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Two Massachusetts Agents Appointed to CAR Governing Committee
Sep 9 2010 // Commonwealth Automobile Reinsurers, which oversees Massachusetts’ residual market for auto insurance, has appointed two members to its governing committee. The new committee members are Joseph P. Leahy Jr., a...
Outsourcing – Small Agencies in Small Towns
Sep 8 2010 // This week’s post continues to discuss solutions for managing the work in small agencies in small towns. A number of the solutions that I have been and will be discussing work for small agencies anywhere and some of...
AmWINS/Colemont Acquires So. Korea’s CMK Insurance Brokers
Sep 8 2010 // Colemont Global Group, the international division of wholesale insurance broker AmWINS Group, Inc., has acquired a majority share of CMK Insurance Brokers Company Limited. CMK Insurance Brokers will operate under the trade...
Hub Acquires Ontario Insurance Broker Sinclair Cockburn
Sep 8 2010 // Chicago-based insurance broker Hub International Limited has acquired the shares of Sinclair Cockburn Financial Group (SCFG), a Toronto, Ontario-based insurance and financial services firm with approximately $11 million in...
Brokers Insurance Group Names McAdara Director
Sep 7 2010 // Brokers Insurance Group (BIG) has named Justin McAdara a director. McAdara has a diverse background, including realtor, insurance marketing representative and professional musician. He was a top producing real estate agent...
Ryan Group Denies Any Wrongdoing by Former AmWINS Employee
Sep 7 2010 // North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new...
Brokers Marsh, Cooper Gay, RK Harrison to Test iPads at Lloyd’s
Sep 7 2010 // Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s...
Mississippi Agent to Pay $66,500 Refund
Sep 7 2010 // Mississippi Insurance Commissioner Mike Chaney says his office has reached an agreement with an agent to refund $66,5000 in policy fees to poultry farmers. Chaney said in a news release Friday that the action was taken...
6 Ways Agents Fail Their Workers’ Comp Customers
Sep 6 2010 // Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you...
People
Sep 6 2010 // Aon Consulting has named Shelly Blackstone as vice president of business development in its Richmond, Virginia office. In her new role, Blackstone will develop new products and services clients in Central and Southern...
People
Sep 6 2010 // Louisiana Workers’ Compensation Corp. (LWCC) promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit. Buffone...
AZ Court Decision Could Increase Agent E&O Premiums
Sep 6 2010 // The Arizona Supreme Court is weighing in on the state’s uninsured/underinsured motorist coverage selection form – a decision that could dramatically increase insurance agency’s errors and omissions...
A Wealth of Risks
Sep 6 2010 // Serving High Income Clientele For insurance agents, there is a lesson to be learned from Hulk Hogan – particularly about the pitfalls of selling coverage to wealthy clients. The well-known, ex-professional wrestler...
A Year in Social Networking
Sep 6 2010 // 5 Lessons for Insurance Brand Decision-Makers Since its inception just a few years ago, social networking has provided both hype and hope for businesspeople. Social networking practitioners in the insurance industry have...
The Competitive Advantage: Agency Valuations
Sep 6 2010 // A Victim of the Credit Bubble? In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key...
P/C Insurance Brokers Profitable Despite Tough Economy, Soft Pricing
Sep 6 2010 // It takes more than a bad economy and declining prices to weaken property/casualty insurance brokers. Moody’s Investors Service says in its new Industry Scorecard report that the insurance brokerage sector remains...
InVEST Names Three New Board Members
Sep 2 2010 // InVEST, an insurance industry classroom to career education program founded by the Independent Insurance Agents & Brokers of America (the Big “I”), named three new members to its national board: Joey...
Webb Joins Austin-Based Watkins Insurance Group
Sep 2 2010 // Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in Central Texas, has added agent Andy Webb to its sales team. Webb began his career in the insurance industry in March...
North Carolina Commissioner Urges Preparation
Sep 2 2010 // With Hurricane Earl on a path to skim the barrier islands and the coast of North Carolina beginning this evening, state Insurance Commissioner Wayne Goodwin is reminding all North Carolinians to take precautions before the...
Hub Acquires Nevada, Florida Agencies
Sep 2 2010 // Hub International Limited (Hub) has acquired two insurance agencies in the Nevada and Florida. Hub acquired the assets of McFadden Insurance Agency Inc. (McFadden), a Las Vegas–based firm. Terms of the acquisition...
