Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Scanlon Guerra Burke Insurance Brokers Names Schneir Partner
Apr 16 2009 // Scanlon Guerra Burke Insurance Brokers of Woodland Hills, Calif., has named Justin Schneir a partner. He specializes in metal goods manufacturing and malpractie insurance. He has been with the company for four years and...
Broker Lockton Advises Insurance Buyers to Expect Firming of Prices
Apr 16 2009 // Insurance buyers can expect upward pricing pressure in the coming months, according to global insurance broker Lockton. According to Lockton brokers writing in a new marketplace overview, insurers saw a “perfect...
Martinez Joins General Insurance Agent J.M. Wilson in Southern Region
Apr 16 2009 // Michigan-based managing general agency J.M. Wilson has added Debbie Martinez as Sales and Underwriting manager for its southern regional office in Charleston, South Carolina. Martinez will be responsible for developing...
Group Urges Congress to Lift Credit Rating Agencies’ Liability Exemption
Apr 15 2009 // Credit rating agenies would lose their protection against private lawsuits under current U.S. securities fraud law if a proposal by an institutional investors group becomes law. The Council of Institutional Investors (CII)...
20-Year Sentence Sought for Bond Broker in Insurance Scheme
Apr 15 2009 // Federal prosecutors in New Orleans are seeking a 20-year prison sentence for a woman convicted of participating in a money laundering scheme with a former Louisiana lawmaker. A jury convicted Gwendolyn Moyo last year of...
Survey: Claims Handling is the Key to Winning over Agents
Apr 15 2009 // Quality claims handling is the most important factor to independent agents in evaluating an insurer, according to a recent survey of 450 agents conducted by the Professional Insurance Agents Associations (PIA) of...
Oklahoma Commissioner Declares Emergency After Wildfires
Apr 13 2009 // Oklahoma Insurance Commissioner Kim Holland has declared a state of emergency to allow insurance companies to more rapidly respond to the recent Oklahoma wildfires. The declaration enables emergency adjusters to be...
Why Insurance Agents Should Follow Stimulus Package
Apr 13 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. Even though it does not include direct benefits to the insurance...
Georgia Charges Tennessee Trucking Insurance Agent with $2.6 Million Fraud
Apr 10 2009 // A Chattanooga, Tenn. insurance agent has been charged with insurance fraud and theft for allegedly adding commissions to policies when he told policyholders that the coverage was being sold on a net basis — with a...
Texas-based Gibraltar Group Joins Sitkins International
Apr 9 2009 // The Gibraltar Group, a full-service insurance and risk management firm headquartered in Lubbock, Texas, announced that the company has been selected to become a part of Sitkins International, an organization whose...
Misidentification Creates Problems for Insureds, Agents, Attorneys
Apr 8 2009 // Among the issues that plague coverage lawyers and insurance agents, and especially insureds, is that of a misnamed, unnamed or mischaracterized insured. All too often in insurance policies, corporations are designated as...
Connecticut AG Criticizes Bailout Money for Credit Rating Firms
Apr 8 2009 // Connecticut Attorney General Richard Blumenthal is questioning why up to $400 million in federal bailout money is going to the big three credit rating agencies that he says helped create the economic meltdown. Blumenthal...
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...
