Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Illinois Fines Insurance Agent, Agency $100K and Revokes Licenses
Jan 26 2010 // The Illinois Department of Insurance has revoked the licenses to sell insurance of Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency Danny Martin CLU and Associates (collectively “Martin”) and...
Georgia Insurance Broker’s Bookkeeper Charged With Stealing $1 MIllion
Jan 25 2010 // A 63-year-old former bookkeeper at a Dalton, Georgia insurance brokerage is facing federal charges she embezzled more than $1 million from her employer. Prosecutors say Carolyn Lynn Cherry of Chatsworth forged her...
Washington to Tackle Credit Scoring, Streamline Agent/Broker Licensing
Jan 24 2010 // Bills to ban the use of credit scoring, streamline the licensing of agents and brokers, and improve health care are all on Washington’s Office of the Insurance Commissioner’s (OIC) legislative agenda for 2010....
People
Jan 24 2010 // Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas....
Will Gay Marriage Bring Marketing Opportunities for Agents?
Jan 24 2010 // The Market Is Huge, but Some Independents Say It’s Difficult In business, change brings opportunity. And when it comes to the rapid wave of states that have recently legalized gay marriage, some see a marketing...
New York Sees Promise in Own London-Like Market
Jan 24 2010 // But Skeptics Question Timing for Revival of U.S. Insurance Exchange A recently announced plan by New York’s governor to boost his state’s financial services industry by recreating the New York Insurance...
Insurers to Curb Agency Compensation in 2010, Ward Group Study Finds
Jan 24 2010 // Total property/casualty insurance agency compensation is expected to decrease slightly in 2010, largely due to contingent commission changes. Four out of 10 insurance companies plan to modify their agent compensation plans...
Why Carriers Invest in Education
Jan 24 2010 // Carriers Say Benefits in Producer Sales Education Well Worth the Investment For years, many insurance companies prided themselves on running successful producer training programs for the independent agents who represented...
Insurance Journal Founder, Publisher Enter Insurance Hall of Fame
Jan 24 2010 // The Insurance Media Association named Insurance Journal‘s Founder Mark Wells Sr., and Publisher Mark Wells Jr. as the 2009 inductees into the Insurance Media Hall-Of-Fame. Insurance Journal, considered the most-read...
How Small Group Partnerships Help Agencies to Grow Employee Benefits Revenue
Jan 24 2010 // Gibson Insurance Group, Bolton & Co. Tell Their Tales of Growth In today’s challenging economic environment, property/casualty brokers are struggling to thrive. Toss in management of increasingly complex employee...
5 Issues Agents Should Watch in 2010
Jan 24 2010 // With insurance agents across the nation breathing a sigh of relief that 2009 is behind them, their focus has turned to the future: What will 2010 bring for the industry? These emergent issues are important not only for...
Worldwide Facilities Adds Assistant VP, Broker
Jan 22 2010 // Worldwide Facilities Inc. has added John Matthews as assistant vice president and Debra Kaser as broker in its Irvine, Calif., office. Mathews spent 17 years with International E&S. Prior to International, he was a...
Pacific Wholesale Insurance Brokers Names Janes VP
Jan 22 2010 // Pacific Wholesale Insurance Brokers LLC, an ISG Co., announced that Brian Janes has joined as vice president/property broker in the Burbank, Calif., office. His responsibilities include developing his book of property...
Six CAA Members Retain Best Practice Agencies Status for 2009
Jan 22 2010 // Austin, Texas-based Combined Agents of America LLC (CAA) announced six of its member agencies – Bigham-Kliewer-Chapman-Watts Insurance Agency, The Bridges Group Inc., Bryan Insurance Agency, Ed Berrong Insurance...
Bramlett Agency in Oklahoma Named Trusted Choice Agency of the Month
Jan 22 2010 // The Bramlett Agency, headquartered in Armdore, Okla., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The Bramlett Agency...
Insurance Agent, Researcher Charged in Illinois Murder-for-Hire Scheme
Jan 21 2010 // A suburban Chicago insurance agent and a former university research technologist are charged in an alleged murder-for-hire scheme aimed at killing a federal prosecutor and drug enforcement agent, officials said. Jack Mann,...
Lockton Acquires Equity Stake in South Korean Broker IMI
Jan 21 2010 // Lockton announced that it has obtained a “significant equity holding in South Korean insurance broker IMI, with options to purchase an increased shareholding.” IMI has also been renamed Lockton Companies...
Former Insurance Co. Employee Sentenced for Stealing from Carrier, Agents
Jan 21 2010 // Mark Camacho, 41, of Cedar Hill, Texas, a former employee of Americo Life Insurance Co., was sentenced in federal court for stealing more than $900,000 from the carrier and its agents’ commission accounts. Chief U.S....
Agents’ Disciplinary-Action Bill Signed into Law in New Jersey
Jan 19 2010 // Insurance agents will be required to notify the state if they have been disciplined by any non-governmental regulatory agency under a new law signed yesterday. The new law requires insurance producers licensed in New...
The Hanover Insurance: Focused on Niches, Says More Acquisitions Likely
Jan 14 2010 // The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal...
