Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
2010 Will Challenge Calif. Insurance Agents, But Bright Spots Ahead
Feb 7 2010 // In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up. But 2010 may...
IBA West Pacific Northwest Chapter Joins Big ‘I’ Washington
Feb 7 2010 // Insurance Brokers and Agents of the West (IBA West) has disbanded its Pacific Northwest Chapter and joined forces with the Independent Insurance Agents and Brokers of Washington (Big “I” Washington). According...
Social Service Organizations in Tough Times
Feb 7 2010 // Brokers Keep Watchful Eye as Tough Economy Forces Workforce, Program Changes It’s no secret that nonprofits are feeling the effects of a battered economy. Donations are down. State and federal funding is also down....
Dos and Don’ts of Errors and Omissions Lawsuits
Feb 7 2010 // How to Respond and React When Threatened With an E&O Suit Ask any agent who has suffered through an errors and omissions (E&O) suit, and he or she will provide sage-like insight into the professional and even...
Hales Reports Brokerage M&As Down 40% in 2009; Expects Better 2010
Feb 7 2010 // A prolonged soft market coupled with the worst economic period since the Great Depression as well as uncertainty related to national health care reform, caused insurance brokerage buyers and sellers to struggle with how to...
Property Casualty Market’s Love Affair With Main Street Business
Feb 7 2010 // Why Small Business Means Big Business for Insurers and Brokers Alike Main Street business often means different things to different people, but it generally refers to small commercial establishments that would be found in...
Age and Wisdom
Feb 7 2010 // Top 100 Agency Profile Agency Name: Marshall and Sterling Enterprises Inc. Headquarters: Poughkeepsie, N.Y. Year Founded: 1864 Additional Locations: 17 2008 Total Premium Volume: $342 million Property/Casualty: $289...
iPeople to Offer Merger, Acquisition Services
Feb 5 2010 // iPeople LLC will launch a new merger and acquisition service for insurance agencies, brokerage firms and managing general agents throughout the United States. iPeople, a Washington, D.C.-based insurance consulting firm,...
Massachusetts Encouraging Brokerage Agreements for Former ERPs
Feb 5 2010 // Most Massachusetts insurance agents who were appointed as exclusive representative producers (ERPs) under the state’s previous insurance regime have obtained voluntary contracts with insurers or have merged with...
Game Day Prediction: Pizzerias and Insurers Win on Super Bowl Sunday
Feb 5 2010 // February 7 — Super Bowl XLIV Sunday — may be the most hyped-up day of the year for football fans, and it’s also the most exciting day of the year for many pizza parlors that see record sales that day. Yet...
Western Security Surplus Insurance Promotes 3 in Brokerage Unit
Feb 4 2010 // California-based Western Security Surplus Insurance Brokers (WSS) has announced changes in the personnel for the WSS Brokerage Division. In the Pasadena, Calif., office, Philip Tiomico, who has been with WSS since 2008,...
ASPN Forms Marketing Alliance with ISU Network
Feb 4 2010 // Chicago-based ASPN, the Agency Specialty Products Network Insurance Agency LLC, formed a new alliance with San Francisco-based ISU International and the ISU Network, one of the nation’s largest group of independently...
Louisiana Agent Accused of Insurance and Bank Fraud
Feb 3 2010 // The Louisiana Department of Insurance says a Baton Rouge agent has been served with two cease and desist orders, and two fine notices, for alleged insurance fraud, bank fraud, issuing worthless checks, filing false public...
Last Chance: Young Insurance Agents Survey
Feb 3 2010 // Young insurance agents, 40-and-younger, what are you thinking? Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. It’s your...
Agents Honor Texas House Speaker with Leadership Award
Feb 3 2010 // The Independent Insurance Agents of Texas (IIAT) on Feb. 2 presented its 2010 Independent Leadership Award to Joe Straus III, speaker of the Texas House of Representatives. Speaker Straus was elected to the House of...
Agents’ Group: On a Cost per Home Value Basis, Texas Rates Are Down
Feb 2 2010 // Texas insurance agents — want to show your customers that the common perception that homeowners rates in Texas always go up but never come down is false? Look to your agency management system, say educators from the...
IBA West Pacific Northwest Chapter Joins Big ‘I’ Washington
Feb 1 2010 // Insurance Brokers and Agents of the West (IBA West) has disbanded its Pacific Northwest Chapter and joined forces with the Independent Insurance Agents and Brokers of Washington (Big “I” Washington). According...
Insurance Agents 40-and-Younger: What Are YOU Thinking? Exclusive Young Agents Survey
Feb 1 2010 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Who are you? What do you really think about your career? About your industry?...
Dallas Agency, Agent Partner to Form Lipscomb & Cathey
Feb 1 2010 // Dallas-based Lipscomb Insurance Group has partnered with Ronnie Cathey to form Lipscomb & Cathey. Cathey’s expertise includes real estate and marine insurance. Lipscomb is a full service agency offering...
New York-based Equity Firm Invests $20M in Michigan Brokerage
Jan 29 2010 // Greenhill Capital Partners LLC announced it has invested $20 million in Acrisure LLC, a Midwest insurance brokerage company headquartered in Grand Rapids, Mich. Formed in 2005, Acrisure has acquired 17 insurance agencies...
