Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Court Says CalPERS May Pursue Lawsuit Against Rating Agencies
May 5 2010 // The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high”...
Main Street America Expands Product Lines To Grain Dealers Mutual Agents
May 4 2010 // The Main Street America Group has introduced its products to nearly 200 independent agents who represent new affiliate Grain Dealers Mutual Insurance Co. throughout North Carolina, Virginia and Tennessee. Specifically,...
Networked Insurance Agents Acquires AmCom
May 4 2010 // Grass Valley, Calif.-based Networked Insurance Agents, a subsidiary of Strongwood Insurance Holdings Corp., has announced its acquisition of AmCom Insurance Services Inc. AmCom, established in 1996, is a full service...
74% of Nation’s Top Insurance Companies Are Hiring
May 4 2010 // The insurance industry employment outlook for 2010 is guarded, but cautiously optimistic, according to a new survey that also revealed 74 percent of the nation’s top insurance companies are currently...
Brownyard Group Launches Client Services Division for Agents
May 4 2010 // New York-based program administrator The Brownyard Group has formed a new division to serve as a facilitator between its agents and brokers and its underwriting and claims teams. The new division, Brownyard Client...
Connecticut Agent to be Sentenced Today for $1.3M Theft
May 4 2010 // A Connecticut businessman faces sentencing for stealing more than $1.3 million from clients and using the money to gamble at Connecticut’s casinos. Thomas Cipriano has pleaded guilty to mail fraud and money...
Wash. Judge: Insurer Can Be Held Liable for Agent’s Actions
May 3 2010 // In a ruling that’s being closely watched by some insurers, a Thurston County, Wash., judge has affirmed that the state insurance commissioner may hold an insurance company liable for the actions of the...
Argo Group’s Insight Services Expands Insurance Agent E&O Coverage
May 3 2010 // Professional liability insurer Insight Insurance Services, Inc. has expanded its errors and omissions coverage for insurance agents and agencies and is now licensed to offer its product in 42 states and the District of...
Florida Lawmakers Pass Omnibus Property Insurance Bill
May 3 2010 // On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for...
The Times They Are A-Changin’
May 3 2010 // How Agents Can Manage Technology Change Changes in technology such as real-time processing and more competition coming from every side are spurring agency owners to change their operations in order to survive and thrive....
New York Agents’ Groups Join Forces to Fight Pay Disclosure Rules
May 3 2010 // The Independent Insurance Agents and Brokers of New York (IIABNY) and the Council of Insurance Brokers of Greater New York (CIBGNY) say they will team up to sue the state over new rules that will require agents to disclose...
People
May 3 2010 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Agents Aren’t Quite Ready for the Social Media Revolution
May 3 2010 // The insurance industry is not as quick to adapt to change as other industries,” but independent insurance agents need to acknowledge that having “a Web presence is non-negotiable,” said Michael LaRocco,...
For Tennessee Agent, NCAA Referee Maxwell, Teamwork Is Essential
May 3 2010 // While NCAA men’s basketball tournament referee and insurance agent Gary Maxwell won’t tell you which team was his pick to win (it’s against NCAA rules), he can share what he’s learned on the court...
AmWINS CEO DeCarlo on Colemont Merger and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
People
May 3 2010 // Heffernan Insurance Brokers headquartered in Walnut Creek, Calif., hired Keith W. Newell as senior vice president, Southern California Construction Practice Leader in its Los Angeles office. Newell will expand...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
May 3 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Master Agency Launched in New Jersey
Apr 29 2010 // Two New Jersey insurance agencies have joined forces to launch a master agency named Consolidated Insurance Agents. Pavese McCormick Insurance Agency, of Monmouth Junction, and Valvano Insurance Agency, of Linden, say the...
