Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
North Carolina Coastal Broker Ready to Ride Beach Plan Reform Wave
Sep 21 2009 // Hanover Excess Sees State Pool Changes A Boost For Business Still Recovering From Recession, Soft Market The Web site for Hanover Excess (www.hanoverxs.com) proclaims that the people at this North Carolina excess and...
California Insurance Agents Cater to Medical Marijuana Clinics
Sep 21 2009 // Ever since the Obama Administration said it would not pursue medical marijuana dispensaries, the number of such businesses has exploded in California. Now, a few insurance agents are catering to them. Medical marijuana...
People
Sep 21 2009 // Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team. Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice...
Timely Claims Reporting: A Serious Obligation for Agencies
Sep 21 2009 // In many insurance agencies, customer service representatives (CSRs) are responsible for handling claims submissions for clients. Larger agencies may have a separate claims department. Various problems can arise when the...
Feds, Regulators, Congress Eye the Future of Credit Rating Agencies
Sep 21 2009 // The nation’s insurance regulators, Congress and the SEC have eyes on credit rating agencies and the standards they must follow in the future. The National Association of Insurance Commissioners (NAIC) said it will...
Employers Must Keep Company Picnics and Team-Building Activities Voluntary
Sep 21 2009 // When Fun ‘n Games at Work Take a Bad Turn Phyllis Young and her co-worker and friend, Sarah Bales, won the hula-hoop contest and the balloon toss, making them the favorites to also win the three-legged sack...
SEC Tightens Regulation of Credit Rating Agencies
Sep 18 2009 // Credit agencies will have to disclose more of their ratings history, and creators of financial products will have to share data with all credit raters, under rules adopted by U.S. regulators Thursday. The U.S. Securities...
California to Probe Credit Rating Firms
Sep 18 2009 // California Attorney General Jerry Brown issued subpoenas on Thursday to Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings as he launched an investigation of whether they broke state law with...
Illinois Agent Fined $100K for Allegedly Stealing Premiums
Sep 18 2009 // The Illinois Department of Insurance as revoked the license of an agent and his agency, and fined him $100,000 for keeping his clients’ payments and committing several other frauds. Investigators say Earl D....
San Diego Insurance Broker Pleads Guilty to Theft
Sep 17 2009 // Insurance agent Louise May Batchelor, 55, of San Diego, has pled guilty to two felony counts of grand theft. Her sentencing has been set for November 6, 2009 in San Diego Superior Court. According to California Department...
Dressel Insurance Named Trusted Choice Agency of the Month
Sep 16 2009 // Dressel Insurance Agency Inc. in Saint Bonifacius, Minn., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. “The team...
Text: Senate Finance Committee’s America’s Healthy Future Act of 2009
Sep 16 2009 // Chairman’s Mark America’s Healthy Future Act of 2009 Scheduled for Markup By the Senate Committee on Finance On September 22, 2009 America’s Healthy Future Act of 2009 TITLE I—HEALTH CARE...
California Insurance Agents Cater to Medical Marijuana Clinics
Sep 14 2009 // Ever since President Barak Obama came into office and his attorney general said the administration would not pursue medical marijuana dispensaries, the number of such businesses has exploded. Now, a few insurance agents...
U.S. Mulls Liability Standards for Credit Rating Firms
Sep 14 2009 // U.S. securities regulators are roughing out ideas that would make Moody’s Corp., Standard & Poor’s and other credit raters more accountable to investors by potentially exposing the firms to greater...
New York Issues New Draft of Disclosure Rules for Agents
Sep 11 2009 // The New York State Insurance Department released proposed new rules mandating how and what insurance agents must reveal to clients about how they are compensated in the sale of a policy. The so-called transparency rules...
Rhode Island Agencies Form Network
Sep 11 2009 // Two Rhode Island insurance agencies have launched an affiliation group and are searching for potential partners, they said. Hunter Insurance and Loiselle Insurance Agency have created the Trusted Insurance Alliance (TIA)...
North Carolina Young Insurance Agents Bestow Annual Awards
Sep 10 2009 // The Young Agents Committee of the Independent Insurance Agents of North Carolina (IIANC) recently named its Agent of the Year, Broker of the Year and Company of the Year for 2009. Eric Stevens, of Moore and Johnson Agency...
Louisiana Agent Accused of Pocketing Insurance Premiums
Sep 10 2009 // A Thibodaux, La., insurance agent and his agency have been issued a cease and desist order, summary suspension of licenses and fine notice for 12 counts of alleged misappropriation of premiums, the Louisiana Department of...
Insurance Regulators Vow to Examine Role of Credit Rating Agencies
Sep 9 2009 // The nation’s insurance regulators are looking into the role that credit rating agencies play in the insurance regulatory system. The National Association of Insurance Commissioners (NAIC) said it will hold a public...
North Carolina Diamond Broker Robbed of $1.5 Million Had No Insurance
Sep 8 2009 // The bad news for Peter Kaplan is even worse than first reported. The North Carolina diamond broker, whose $1.5 million inventory was stolen in New Mexico last week, didn’t have insurance. “My business is...
