Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Young Insurance Agents’ Service Project to Kick Off Texas Conference
May 20 2009 // A first-ever Young Agents Community Service Project, which benefits St. Peter – St. Joseph Children’s Home, kicks off the Independent Insurance Agents of Texas (IIAT) 112th Annual Conference & Trade Show...
Missouri Insurance Agents Honored With Trusted Choice Award
May 20 2009 // Trusted Choice has awarded the inaugural Dan Fulwider Award for Community Involvement to Kevin and Kathy Flynn of K. Flynn Insurance Agency in Troy, Mo., the Independent Insurance Agents and Brokers of America...
MyNewMarkets.com Announces 5th & 6th Exchange Events
May 20 2009 // San Diego – (May 20, 2009) – Acquiring new customers, reducing costs, finding new ways to do business, are all increasingly important in today’s economy and are the reason for the success of the Exchange...
Former New Hampshire Insurance Agent Sentenced to Prison
May 20 2009 // A New Hampshire state employee has been sentenced to two years in federal prison and pay back more than $164,000 to clients she defrauded in her previous job as an insurance agent. Raye Ellen Douville of Bedford, who had...
Economy Forcing Changes in Carrier Investments
May 19 2009 // The current economic environment has produced several influences that in combination are negatively affecting, or at least stressing, property casualty insurance carriers in unique ways, according to one experienced...
American Collectors Insurance Offers Collector-Vehicle Coverage in Alaska
May 19 2009 // American Collectors Insurance, a provider of specialty insurance for collector vehicles and collectibles, has expanded to offer collector-vehicle insurance coverage in Alaska. The coverage applies to a range of collector...
Arthur J. Gallagher & Co. Acquires Nourse Insurance Brokers
May 19 2009 // Arthur J. Gallagher & Co. has acquired Nourse Insurance Brokers Inc. in Walnut Creek, Calif. Terms of the transaction were not disclosed. Founded in 1935, Nourse Insurance Brokers Inc. is a retail insurance broker...
North Dakota Commissioner Revokes Insurance Agent’s License
May 19 2009 // North Dakota Insurance Commissioner Adam Hamm has revoked the license of Rex Graves, a Jamestown insurance agent who the insurance department says engaged in deceitful and dishonest practices involving his insurance...
People
May 18 2009 // Zurich Financial Services Group appointed Francis Bouchard head of the Climate Office. Bouchard will succeed Mike Kerner, who was appointed CEO of Global Corporate in North America. Bouchard will work to institutionalize...
Recession Increasing Insurance Fraud
May 18 2009 // Areas Where Agents Might See an Increase in Fraud Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau....
P/C Insurance Agents Battle Public Health Care Reform Option
May 18 2009 // Lobbyists for property/casualty insurance agents have elevated health care reform to the top of their political agenda. P/C agents have addressed health insurance legislation in the past but the issue has taken on new...
AAMGA Meeting <em>LIVE</em>: Dealing With Ups and Downs; <em>IJ</em> Reports on Twitter, Facebook
May 18 2009 // Managing general agents have a positive attitude about the soft market and recession, figuring what went down must come up again, according to Curtis Anderson, incoming president of the Association of Managing General...
People
May 18 2009 // W. R. Berkley Corp. appointed Richard M. Baio to the newly created office of vice president – treasurer. He will manage the investment accounting and tax departments, global currency, banking relationships and all...
Merry Crist Mess
May 18 2009 // Not all deregulation measures are good; some are a mixed blessing. Consider HB 1171 that passed the Florida House and Senate and was sent to Gov. Charlie Crist, a regular critic of the industry who was reportedly hesitant...
People
May 18 2009 // The Independent Insurance Agents & Brokers (the Big “I”) has awarded Alex Soto with the Woodworth Memorial Award, the highest honor the association bestows on one of its members. Soto is president and CEO...
Every Agency Can Measure and Maximize Its Performance
May 18 2009 // Clear Roles, Documentation, Communication Among Lessons Shared By Consultants for High-Performing Agencies Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively...
Workers’ Compensation Group Trusts: E&O Friend or Foe?
May 18 2009 // Agents Advised to Know How Trusts Differ From Typical Insurance Companies To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is: [A] group of...
What Agents Want
May 18 2009 // Money is the lifeblood of any business. But when it comes to running insurance agencies, money isn’t the main thing that principals look for when they do business with a certain carrier. Claims handling, it turns...
What Do Agents Want?
May 18 2009 // What do agents want from their insurance carriers? Surprisingly, compensation is not No. 1 on the list. Rather, independent insurance agents would rather have a good relationship with a carrier that is responsive. One...
Amid Obstacles, Opportunities Exist
May 18 2009 // In today’s environment, the value of personal relationships, soar. Nobody fosters these better than insurance agents. You don’t need to get too deep into conversation these days to find out people are afraid....
