Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Study: Agent Satisfaction Rises According to Size of Business Placed
Feb 11 2010 // The more personal lines business an agency places with a particular carrier, the more satisfaction the agency reports having with that same carrier. That’s according to a new industry study which states that insurers...
Wholesale Insurance Broker Towerstone Adds to Staff
Feb 11 2010 // Dallas-based Towerstone Inc., a wholesale insurance broker and managing general agency, announced that Rachel Blais, Jennie Conditt, J.B. Hill, Amy McCarty and Ryan Taylor have joined the company. Conditt is an assistant...
New York Requires Agents to Reveal How Much They’re Paid
Feb 10 2010 // The New York Insurance Department has officially released a new set of rules that will require insurance agents and brokers to provide some detailed information to clients about how agents are paid. The new regulation,...
New York Agents Group Suing State over Pay-Disclosure Rules
Feb 10 2010 // A trade group for New York insurance agents says it will sue the state over newly issued rules that would force agents to reveal to clients how much they are paid. The Independent Insurance Agents and Brokers of New York...
New York to Issue Watered-Down Disclosure Rules for Agents
Feb 9 2010 // New York regulators are expected to release new rules tomorrow that require agents to disclose to clients some aspects of their compensation, although the rules are more palatable to agents than previous proposed...
Keystone Insurers Continues Kentucky Expansion; Adds 5 Agencies
Feb 8 2010 // Five more insurance agencies have joined the Keystone Insurers Group in Kentucky, bringing to 11 the total number of KIG agencies in the state. The latest to join are Hayes-Utley-Hedgspeth, Moore Insurance, Cambridge...
Four Steps to Using Agency Technology for Target Marketing
Feb 7 2010 // Conducting a target marketing campaign used to be cumbersome and expensive. Today, with an up-to-date agency management system, getting started is a snap. It still takes persistence to succeed, but getting going...
Four Steps to Using Agency Technology for Target Marketing
Feb 7 2010 // Conducting a target marketing campaign used to be cumbersome and expensive. Today, with an up-to-date agency management system, getting started is a snap. It still takes persistence to succeed, but getting going...
On Average, Texas Homeowners Rates Are Down, Agents Group Says
Feb 7 2010 // Reduction Is in Cost per $1,000 in Property Value There’s a common perception that homeowners insurance rates in Texas go up and up, and never come down. That’s not necessarily true, however, according to the...
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,...
