Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Former Ohio Insurance Agent Sentenced to 97 Months in Prison

Sep 8 2009 // Ohio Department of Insurance Director Mary Jo Hudson reported that on Sept. 01, 2009, former Maineville insurance agent William R. Appleton, II, was sentenced in United States District Court to 97 months imprisonment for...

How to Work Better with Brokers

Sep 7 2009 // Sometimes throwaway questions can spark very interesting responses during an interview. In reporting the feature story on the excess & surplus lines industry (See N20), Insurance Journal reporters – just for the...

States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers

Sep 7 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...

People

Sep 7 2009 // CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for CNA’s $3.5 billion commercial...

People

Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....

Idaho Agent Knows Job Safety Training and Employee Communication Pay Off

Sep 7 2009 // Nielsen Teaches Employers How to ‘Close the Window’ On Rising Comp Costs The best way insurance agents can teach employers about workers’ compensation is to get to know their business. Idaho insurance...

Calif.’s Employers Direct Now Wants Agents

Sep 7 2009 // Just a short time after announcing it was leaving the California workers’ compensation insurance market because it was not profitable, direct writing Employers Direct Insurance Co. changed its tune and said it is...

Buyer and Agent Beware

Sep 7 2009 // BOP’s Changes for the Better or Worse? Just when I really think I understand a coverage I am blind-sided by the reality of what is actually happening in the insurance industry. I remember the good old days when a...

At Home and Abroad, Vacated Properties Posing Greater Risks

Sep 7 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...

E&S Brokers Look for Rays of Light at the End of the Tunnel

Sep 7 2009 // Flat Economy, Persistent Soft Markets Have Forced Leaner Business Models, More Automation A poor economy, natural catastrophes and an extended soft market have all combined to nip growth in the excess and surplus lines...

People

Sep 7 2009 // Markel Corp. has promoted Henry Lopez to president for Markel Midwest. Lopez has served as executive vice president for the Midwest region since November 2008. He joined Markel in 1995 as a financial analyst and has held a...

Man’s Best Friend

Sep 7 2009 // A friend of mine — or more accurately, a friend of my dog—became excited recently when he realized he could take advantage of the government’s “Cash for Clunkers” program. He had been wanting for...

Florida Agents Say Home Mitigation Effort Is Riddled with Fraud, Inefficiencies and Errors

Sep 7 2009 // Florida’s efforts to encourage homeowners to harden their homes to better withstand big storms by giving them insurance premium discounts is not getting the job done, according to a report from insurance agents in...

CEO Arends, Agent Crosby Inducted Into Michigan Insurance Hall of Fame

Sep 3 2009 // The Michigan Insurance Hall of Fame honored two leaders in the insurance industry at the sixteenth annual induction ceremony of the Michigan Insurance Hall of Fame recently on the campus of Olivet College. New members...

New York Eases Rules for Placing Difficult Risks in Excess Market

Sep 3 2009 // In a move widely supported by industry advocates, the New York State Insurance Department has approved new rules that would make it quicker and easier for to write some categories of higher-risk insurance that are...

Judge Says Rating Agencies Not Shielded by Free Speech Defense

Sep 3 2009 // Credit rating agencies may find it harder to argue that their opinions deserve free speech protection after a judge rejected efforts by Moody’s Investors Service and Standard & Poor’s to dismiss a fraud...

Japanese Agents Hope to Learn Best Practices from U.S. Agencies

Sep 2 2009 // The owners and producers of Japan’s estimated 300,000 insurance agencies can only dream of the success and freedom that the 40,000 independent agencies in the U.S. enjoy. But they can still learn best practices from...

Failure to Notify Leads to Revocation of North Dakota Agent’s License

Aug 31 2009 // North Dakota Insurance Commissioner Adam Hamm recently served an order to revoke the insurance license of Julia Beth Lutgen, a Fargo insurance agent who failed to notify the Insurance Department of an April 2009 criminal...

Hill County Insurance Joins Combined Agents Group

Aug 28 2009 // Combined Agents of America LLC (CAA) has added Hill County Insurance Agency Inc. in Hillsboro, Texas, as a member, bringing the group’s agency membership total to 42. CAA has agency members in Texas, Oklahoma and...

Insurance Journal Searches for the Best Agencies to Work For

Aug 28 2009 // Is your independent insurance agency or brokerage firm a great place to work? Insurance Journal is on the search for the best independent insurance agencies and brokerages in the U.S. to work for and we hope you will...