Latest Agencies Headlines

Jul 5 2010 // Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one...

Behavioral Economics and Insurance

Jul 5 2010 // Making and Keeping Profitable Customer Relationships How much of our decision-making is really up to us? It turns out many decisions might be made before we can even act. When new employees were given a choice to join a...

USLI Expanding with Retail Agent Distribution; No Longer Exclusively Wholesale

Jul 5 2010 // After years of doing business exclusively though wholesale brokers, United States Liability Insurance Group (USLI) is expanding its distribution to work directly with retail insurance agencies. “We are expanding our...

What Agents Think Makes a Great Insurance Carrier Field Rep

Jul 5 2010 // Underwriting Authority, Marketing Assistance and Communication Considered Valuable Traits Independent insurance agents often rate a carrier with great field representatives higher than others – sometimes elevating...

Hit a Home Run with Wholesalers

Jul 5 2010 // How to Make Wholesale-Agent Partnerships Work It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled...

Tower Completes Acquisition of OneBeacon’s Personal Lines Business

Jul 1 2010 // Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance...

NationAir Selected as Broker for Cessna Affiliates Insurance Program

Jul 1 2010 // NationAir Aviation Insurance President Jeff Bauer announced that the West Chicago, Ill.-based company has been selected by XL Insurance to serve as a broker in the Cessna Affiliates Insurance Program. The program offers...

New Jersey Agent Allegedly Made Up Company, Kept Premiums

Jul 1 2010 // A New Jersey grand jury has indicted a Burlington County insurance agent for pocketing payments from three clients, according to Attorney General Paula T. Dow. Lee Schaffer, of Marlton, was charged with insurance fraud,...

Webinar to Help P&C Agents Benefit from Health Insurance Boom Under Reform Law

Jul 1 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...

NetComp Opens Workers Comp Program to Agents in 5 States

Jul 1 2010 // NetComp Insurance, a newly-formed program manager based in Columbia, S.C., has opened its online program (www.netcompinsurance.com) for small to-mid size workers’ compensation business to all independent agents in...

New Jersey to Cease Printing Agents’ Licenses

Jun 30 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department issued a new bulletin advising agents and public adjusters in the state...

Rockwood Adds General Liability to Life Agents’ Errors & Omissions

Jun 30 2010 // Rockwood Programs, Inc. has revised its life/accident and health insurance agents’ errors and omissions (E&O) offering by embedding $100,000 limit general liability coverage in the product. These coverage...

Keystone Insurers Group Adds 3 More Indiana Agencies

Jun 29 2010 // Keystone Insurers Group (KIG), headquartered in Northumberland, Penn., has added three Indiana franchisees to its growing list of partner agencies. Hummel Insurance Group, Associated Agencies and Rosemeyer Agency bring the...

USLI Expanding with Retail Agent Distribution; No Longer Exclusively Wholesale

Jun 25 2010 // After years of doing business exclusively though wholesale brokers, United States Liability Insurance Group (USLI) is expanding its distribution to work directly with retail insurance agencies. “We are expanding our...

Breckenridge IS Acquires Georgia’s Overby-Seawell

Jun 24 2010 // Breckenridge IS, Inc., a specialty underwriter and program management company based in Cleveland, has acquired Overby-Seawell Co., a Kennesaw, Georgia-based specialty financial services insurance broker to...

UK Broker Price Forbes Launches Treaty Reinsurance Division

Jun 24 2010 // Price Forbes & Partners, an independent, London-based specialist insurance broker, announced the expansion of its business through the establishment of a Treaty Reinsurance Division. Starting October first, the...

Cooper Gay Sees Opportunities in Local Professional Liability Laws

Jun 24 2010 // Charles Binns, Divisional Director of Professional Risks at London-based broker Cooper Gay, told delegates at last week’s BrokersLink Global Conference that the introduction of new laws in a number of countries,...

Last Chance: Insurance Journal Top 100 Agencies

Jun 24 2010 // The deadline is here! Last chance to join the ranks of the industry leaders among privately-held retail independent insurance agencies by completing this quick survey for the 2010 Insurance Journal Top 100 P/C Independent...

ICW Group Named ‘Company of the Year’ By Agents Association

Jun 24 2010 // ICW Group, a super regional property and casualty insurance company based in San Diego, has been named the 2009-2010 “Company of the Year” by the Nevada Independent Insurance Agents (NIIA). The award was based...

Texas Association Honors Outstanding Insurance Agents

Jun 23 2010 // Corpus Christi, Texas independent insurance agent Wallace C. (Wally) Goodman has won the Independent Insurance Agents of Texas’ Drex Foreman Award, and Landon Ogilvie, partner at Gans & Smith Agency in Longview,...