Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
How to Improve Productivity in a New Economy
May 4 2009 // Agencies Must Stop Money Wasting Financial Leaks The economy is in the tank and so is the stock market. Thousands are unemployed and many people do not know where to turn. No one is setting up charities for insurance...
‘Red Flags’ to Watch For When Choosing an MGA Partner in a Bad — and Good — Economy or Market
May 4 2009 // In today’s tough economy and prolonged soft market, some insurance firms are likely to get into financial trouble. Smaller wholesalers and managing general agencies (MGA) may be at risk. Their ability to stay afloat...
Agents, Rate Your Regional Carriers in a New Insurance Journal Sponsored Survey
May 4 2009 // Channel Harvest Research and Insurance Journal have announced a major new study in the independent agency system that will probe agents’ attitudes toward carrier relationships and the insurance companies they...
50 Reasons Why Retail Agents Choose Managing General Agency Partners
May 4 2009 // As a large broker, this is decided based on relationships, successes, volumes, commissions levels, service. In other words we are dictated by volume. Service, service, service, markets, price, service. Personal...
Social Networking in an Insurance World
May 4 2009 // Web 2.0 Tools Enhance the Face-to-Face Interactions in the Industry Insurance firms that have used the tools of Web 2.0 appear to be won over for good, and have little to say that is negative. McAuley, Woods &...
Florida’s Soto Honored with Top Insurance Agent Award
May 4 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. The Woodworth Memorial...
New York-Based Insurance Broker BWD Group Expands to Florida
May 4 2009 // With the addition of Saul Landesberg as regional vice president, BWD Group LLC opened a Florida office of its insurance and risk management brokerage operation. Landesberg, a long time resident of the Tampa area, will...
As Credit Scores Fall, Criticism of Insurers’ Credit Scoring Rises
May 4 2009 // Consumer Advocates Focus on How Insurers Treat Insureds in Difficult Economic, Credit Climate With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their...
La. Bond Broker’s ‘Straw Man’ Gets Probation
May 1 2009 // A California man described by prosecutors as a “straw man” for a convicted felon’s illegal insurance business in Louisiana has been sentenced to three years of probation. U.S. District Judge Carl Barbier...
Western Security Surplus Promotes Clark to Broker
Apr 28 2009 // Jason Clark has been promoted to broker in the Dallas, Texas, office of Western Security Surplus Insurance Brokers Inc. (WSS). Clark began his insurance career as a summer intern at WSS in 2007. After graduating from the...
What Young Agents Value About Being Independent
Apr 24 2009 // Good things come to those who wait and work hard. Even in today’s challenging economic climate, young independent insurance agents remain hopeful and happy to be in a profession that allows them to work...
Louisiana Agent Told to Stop Doing Business in State
Apr 24 2009 // A Crowley, La.-area agent was served by Louisiana Department of Insurance Fraud Section Investigators with a cease and desist order, notice of license revocation and a $10,000 fine notice for alleged misappropriation,...
Texas Agents Rate Companies on 2008 Hurricane Response
Apr 24 2009 // Insurance companies responding to last year’s hurricanes Dolly and Ike were given generally good marks by independent agents along the Texas coast in a recent member survey by the Independent Insurance Agents of...
Washington Reducing Agent Fingerprint Fee
Apr 24 2009 // Washington’s Office of Insurance Commissioner has announced that the fingerprint fee for resident insurance agents and brokers will be reduced to $45.25 beginning July 1, 2009. For non-resident applicants, the...
North Dakota Insurance Agent Accused of Pocketing Premiums
Apr 24 2009 // A North Dakota insurance agent has been barred from engaging in the business of insurance under a cease and desist order issued by the state insurance department. According to the order issued by North Dakota Insurance...
California AG Sues Wells Fargo Affiliates for Defrauded Investors
Apr 23 2009 // California Attorney General Edmund G. Brown Jr. filed suit against three Wells Fargo affiliates to recover $1.5 billion for California investors who purchased auction-rate securities based on “false and...
It’s Not Easy Being Green; But It’s Profitable
Apr 21 2009 // Jim Henson’s most famous Kermit the Frog said it the best, “It’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy going green, being green...
The Freedom to Grow
Apr 20 2009 // What Young Agents Value About Being Independent Profile of Young Agents Older Side of Young 62% are 31 to 40 years old 38% are 30 and under Career Choice 84% consider insurance to be a permanent career choice 14% are...
A New York State of Mind
Apr 20 2009 // Superintendent Eric Dinallo Redefines the Role of Regulator in the Insurance Industry New York Insurance Superintendent Eric Dinallo was thrust into the national spotlight last year as the insurance industry’s...
Timing Earthquake Coverage
Apr 20 2009 // Why Trying to Time Earthquake Coverage Purchase Is Like Trying to Time the Stock Market Ask anyone who has been impacted by the recent volatility of the stock market, and they will tell you that it’s almost...
