Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Kevin Dahlke Offers Professional Liability Program for Farmers Agents
Apr 8 2009 // Professional Liability coverage for the Agents of Farmers Insurance Group, Inc. The United Farmers Agents Association has introduced a group professional liability program exclusively for agents of Farmers Group Inc. The...
Louisiana Insurance Agent Accused of Misappropriating Premiums
Apr 8 2009 // A Vidalia, La., insurance agent has been issued a cease and desist order, license revocation and fine notice for alleged misappropriation of insurance premiums. William Christopher Jackson, 38, was served by Department of...
Ohio Agent Named 2009 PIA National Professional Agent of the Year
Apr 7 2009 // Mike Grushon of Thomas & Grushon Agency in Bellbrook, Ohio, was honored by National Association of Professional Insurance Agents (PIA) with the 2009 PIA National Professional Agent of the Year Award. Grushon received...
Louisiana Agents See More Drivers Dropping Insurance
Apr 6 2009 // The Louisiana Workforce Commission said initial claims for unemployment insurance rose 3.4 percent for the week ending March 28 and remained at rates approaching double of those from a year ago. And amid these tough...
6 Steps to Take Before the Soft Market Hardens
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...
Workers’ Compensation Group Trusts: E&O Friend or Foe?
Apr 6 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]...
Defending Data
Apr 6 2009 // Data Security Breaches Present Emerging Risks and Opportunities for Agents Data security represents both a new market opportunity to sell insurance coverage and a new risk – especially for independent insurance...
6 Steps to Take Before the Soft Market Hardens
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...
6 Steps to Take Before the Soft Market Hardens
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...
Workers’ Compensation Group Trusts: E&O Friend or Foe?
Apr 6 2009 // Agents Advised to Know How Workers’ Comp 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,...
Regulators: AIG Not Using Bailout Funds to Under-Price Insurance
Apr 6 2009 // Despite some complaints by competitors, American International Group (AIG) does not appear to be using federal bailout funds to lower its insurance prices to keep and attract business, state and federal officials told a...
Florida Finds People Can’t Trust People’s Trust Insurance
Apr 6 2009 // One of Florida’s new startup property insurance companies that was expected to help pick up the slack when State Farm Florida exits the market has been barred from selling any new policies. The company was found to...
What is Your Agency Worth?
Apr 6 2009 // Insurance agencies are like snowflakes, no two are alike. Most of the calls from prospective insurance agency sellers start with, “What are agencies selling for these days?” or, “What kind of multiple can...
6 Steps to Take Before the Soft Market Hardens
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...
People
Apr 6 2009 // Higginbotham & Associates, an independent insurance brokerage firm based in Ft. Worth, Texas, added employee benefits brokers John Collins, Dana Jones and Rob Marsh to its managing director team for 2009, in...
Five Reasons Why Agents Should Pay Attention to the Stimulus Package
Apr 6 2009 // The American Recovery and Reinvestment Act of 2009, or the Stimulus Package, is the largest infusion of government funds into the private sector in history. Although it does not include direct benefits to the insurance...
People
Apr 6 2009 // Barney & Barney appointed Arlene Lieberman, a principal of the firm, to the board of directors. This governing board is made up of senior leadership and has responsibility for overall governance matters and setting...
Five Tips for Agents From a Part-Time CFO
Apr 6 2009 // Tax time isn’t the only time insurance agents need someone to look at their books. Business owners should be informed monthly of their tax liability. In fact, agencies can benefit from having someone offer...
Liaisons Highlight Consumer Insurance Concerns
Apr 6 2009 // Consumer Advocates Focus on How Insurers Treat Insureds in Difficult Economic, Credit Climate Insurance agents, brokers and regulators should be aware that when it comes to insurance, consumers are concerned with such...
6 Steps to Take Before the Soft Market Hardens
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...