Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Allstate To Appoint 51 New Agents in Colorado in 2010
Apr 29 2010 // Allstate Insurance Co. has sannounced it is looking to appoint 51 exclusive agency owners in Colorado in 2010. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own...
New Mississippi Insurer to Compete for Coastal Home Insurance Business
Apr 29 2010 // A newly-formed Mississippi company with backing from a Florida insurer and local private investors including six independent agencies will begin writing homeowners policies on the coast in Mississippi. Gulfport-based...
Employers Direct Relaunched as PacificComp to Work With Independent Agents
Apr 28 2010 // Agoura Hills, Calif.-based Pacific Compensation Insurance Co. (PacificComp), formerly Employers Direct Insurance Co., has relaunched its business with a new name and transformation from a direct writer of workers’...
Willis Urges Risk Managers to Fight Against Contingent Commissions
Apr 27 2010 // Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue...
Insurance Agents Not Quite Ready for Social Media Revolution
Apr 26 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...
Mixed Ruling in Connecticut Contingent Commissions Case
Apr 26 2010 // A Connecticut court has ruled that Wells Fargo-owned insurance brokerage Acordia Inc. broke the law by failing to disclose it received contingent commissions from five insurers. At issue in the case was an internal...
Why Captive Solutions Might Grow Your Hospitality Book, and Revenue Too
Apr 23 2010 // Compare the estimated $30 billion in after tax profits that the U.S. property and casualty marketplace will likely book for 2009 to the year end results of the hospitality industry, whose lodging (occupancy near 56...
Liberty Mutual Surety Introduces Liberty SuretyFirst
Apr 22 2010 // Liberty Mutual Surety has introduced Liberty SuretyFirst as its new operating unit exclusively serving independent agents whose customers have small to mid-sized bonding capacity needs. Liberty SuretyFirst provides the...
Ganis Consulting Now a Part of Astonish Results
Apr 22 2010 // Warwick, RI – April 22, 2010 – Astonish Results is proud to announce the addition of Ganis Consulting as part of their insurance marketing and web services team. Ganis Consulting is an insurance agency...
Ganis Consulting Joins Astonish Results’ Insurance Marketing Team
Apr 22 2010 // Astonish Results has added Ganis Consulting to its insurance marketing and Web services team. Ganis Consulting is an insurance agency consultancy and business brokerage that helps agencies across the country with agency...
Divinsky Joins Momentous Insurance Brokerage as Account Executive
Apr 20 2010 // Momentous Insurance Brokerage Inc. of Van Nuys, Calif., has announced that Marifel Divinsky, former senior account manager from USI of Southern California, has joined the company as an account executive. Divinsky has more...
Many Insurance Professionals on Fantasy Island
Apr 20 2010 // Many insurance industry professionals are living in a dream. Their fantasy is that the soft market is ending, but nothing could be further from the truth. As long as our economy stays weak, the soft market will continue. A...
New York Agents’ Groups Join Forces to Fight Pay Disclosure Rules
Apr 20 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...
How to Keep Employees Happy
Apr 19 2010 // One way that agency owners can keep their employees happy in today’s tough times is by making their compensation more accountable to agency growth. Al Diamond, president of the Agency Consulting Group, says in...
The Rollercoaster of M&A
Apr 19 2010 // Continued Soft Market, Taxes and Health Care Reform to Boost Activity in Second Half of 2010 January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter...
Wholesale Insurance Brokers AmWINS, Colemont Merge
Apr 19 2010 // AmWINS Group, Inc. and Colemont Insurance Brokers announced that the two companies will be combined to form a specialty insurance distributor placing more than $4.8 billion in annual premiums with more than 1,800 employees...
Salary Blues
Apr 19 2010 // Agency Salary Reveals Who’s Worth What, State of Stff Morals Independent agency salaries maintained or decreased slightly in 2009, but employee morale may be registering at an all time low. And agents don’t...
Calif. Proposes Agent/Broker Regs to Alleviate Under-Insurance
Apr 19 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations governing standards and training for...
E&O Insights: Dangers of Renewing Business Interruption Coverage ‘As Is’
Apr 19 2010 // Understand Where Property Coverage Ends and BI Coverage Begins It would probably be rather difficult to find many agents unaware of business interruption coverage. Most recognize that for their business customers, business...
The Other Time Element Coverages
Apr 19 2010 // Off-Premises, Contingent Business Income and Other Time Element Options for Clients The impact of recent high-profile natural catastrophes has brought to the forefront the need for businesses to have appropriate time...
