Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
How Consumer Reps Feel About Internet Sales, State Regulation
Mar 23 2009 // Consumer Advisors See Pros and Cons to Internet; Role of Independent Agent Clouded By Commissions Insurance Journal spoke with some of the National Association of Insurance Commissioners (NAIC) consumer liaisons and found...
What is Your Agency Worth?
Mar 23 2009 // Most calls from prospective insurance agency sellers start with, “What are agencies selling for these days?” or “What kind of multiple can I expect if I sell my agency?” Insurance agencies are like...
Defending Data
Mar 23 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...
Minico Offers Select Agent Program for Independent Insurance Agents, Brokers
Mar 20 2009 // Phoenix-based MiniCo Insurance has an expanded benefits program for independent agents and brokers who write a larger volume of business with the company. Those with at least four in-force policies with MiniCo Insurance...
NIP Specialty Launches New Facility for Businesses in Bankruptcy
Mar 19 2009 // NIP Specialty Brokerage, a division of New Jersey-based NIP Group, Inc., launched a new facility to help agents/brokers replace business insurance policies cancelled or non-renewed because their clients have filed for...
Regulators: AIG Not Using Bailout Funds to Underprice Insurance
Mar 18 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...
Insurance Agents 40-and-Younger: What Are YOU Thinking? Exclusive Young Agents Survey
Mar 18 2009 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Who are you? What do you really think about your career? about your industry?...
The Paradox of Flood Insurance Coverage
Mar 17 2009 // Whether you are an attorney, an insurance agent, adjuster or broker, or an individual insured, when dealing with claims under flood insurance policies, you may be surprised to discover that many things you think you know...
Glencairn Energy Appoints Pickering Deputy Chairman
Mar 16 2009 // Glencairn, the Property, Casualty, Accident and Health broker within Faber & Dumas, the third-party wholesale insurance broker of the Willis Group, announced that Tony Pickering has joined Glencairn Energy as Deputy...
Insurance Agents 40-and-Younger: Where Are You? What Are YOU Thinking? Exclusive Survey
Mar 16 2009 // Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Who are you? What do you really think about your career? about your industry?...
Marsh Sets Up Mid-Size UK Broker Network
Mar 13 2009 // Marsh announced the formation of “a nationwide community of independent mid-sized UK brokers who share a commitment to innovation on behalf of clients and are looking to protect and grow their businesses.” The...
North Carolina Insurance Agent Arrested on Embezzlement Charges
Mar 13 2009 // North Carolina insurance agent Pam S. Bollinger, 44, has been charged with stealing from her former employer, a Rockwell insurance agency. State insurance department investigators allege that from 2007 until Sept. 26,...
Russell Named Agent of the Year By Connecticut Agents’ Group
Mar 13 2009 // A Sandy Hook, Connecticut insurance agent has been picked as Agent of the Year by the Professional Insurance Agents of Connecticut Inc. Timothy Russell, a senior member of the Russell Agency in Southport, Connecticut, will...
Facilities Broking Team Joins Oxygen Insurance Brokers
Mar 11 2009 // London-based Oxygen Insurance Brokers has announced the creation of a Facilities broking team, headed up by Donald Alcorn and Jonathan Woods. The team “will place bespoke binding authorities for UK/European...
Florida Surplus Lines Insurance Industry Seeks Regulatory Certainty
Mar 11 2009 // Surplus lines insurance industry leaders in Florida hope legislation working its way through the state Legislature will clarify how the industry will be regulated. The industry has had concerns about its future since court...
Louisiana Insurance Agent Arrested
Mar 11 2009 // The Louisiana Department of Insurance reported that a St. Martinville insurance company employee has been arrested, served with a cease and desist order, notice of license revocation and a fine for alleged misappropriation...
CAA Adds Agencies from Oklahoma and Kansas
Mar 10 2009 // Austin, Texas-based Combined Agents of America LLC (CAA) announced it has expanded outside of Texas with two new members, Ed Berrong Insurance Agency, based in Oklahoma and Bridges Group Inc., based in Kansas. A...
Capitol County Mutual Non-Renewing Texas Policyholders
Mar 9 2009 // The Texas Department of Insurance announced that Capitol County Mutual Fire Insurance Company has notified policyholders that their industrial fire insurance coverage will end effective with the policy monthly anniversary...
A Letter to the President
Mar 9 2009 // President Barack Obama recently received the following letter from the Independent Insurance Agents & Brokers of America congratulating him on becoming the 44th President of the United States of America, and...
Maximizing Sales Starts With Source-to-Sale Tracking
Mar 9 2009 // I consistently hear from agencies: “Can you give me ideas to make my phone ring more often?” This tells me right away that the agent associates sales activity with actual sales. Consider how much revenue an...
