Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Jan 25 2009 // American International Group Inc. (AIG) named Russell Johnston president and CEO of AIG Environmental, a unit of AIG Commercial Insurance. Johnston joined AIG in 1990 serving in senior management positions within...
Agents Speak Out on ‘Putting Back the Pieces’ After Brooke
Jan 25 2009 // Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/...
New Season Kick-Off
Jan 25 2009 // You sometimes have to go backward a little before you can take two steps forward. With the nation still reeling from the events of 2008 — the constricting economy, the housing and credit crises, the Wall Street...
Wholesaler Innovation Helps Close the Gaps
Jan 25 2009 // E&S Exists to Provide Coverage for Unique and Emerging Risks Before the 1980s, employers bore all the risks associated with employment litigation. As this litigation and the financial costs associated with employee...
North Dakota Revokes Agent’s License Over False Jewelry Claim
Jan 23 2009 // North Dakota Insurance Commissioner Adam Hamm recently revoked the insurance license of Crystal Gayle Just, a Bismarck insurance agent who officials said confessed to filing a false police report and an insurance claim for...
Who’s Worth What in the Independent Agency System?
Jan 23 2009 // It’s that time again! Insurance Journal is polling insurance agents and brokers nationwide in its annual quest to find out who’s worth what in the independent agency system. More than 1,000 agencies nationwide...
Liberty Mutual Drops Direct Sales to Middle Market Businesses; Puts Faith in Independent Agents
Jan 22 2009 // Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment —...
Timmons Named Communications Director for Texas Agents Group
Jan 22 2009 // Linda Timmons has been promoted to director of communications for the Independent Insurance Agents of Texas (IIAT). In this position, Timmons will manage the organization’s internal and external communications,...
Louisiana Agent Who Pocketed Premiums Gains Fine, Loses License
Jan 22 2009 // A Gretna, La., insurance agent has been issued a cease and desist order, notice of license revocation and fine for misappropriation of premiums and felony theft, the Louisiana Department of Insurance reported. Nancy Marie...
Insurance Brokerage Scanlon, Guerra, Burke Names Schneir Partner
Jan 22 2009 // Justin Schneir has been named a partner in the Woodland Hills, Calif.-based insurance brokerage firm of Scanlon, Guerra, Burke. He has been with SGB since 2003. According to the company, the promotion of Schneir continues...
Abacus Insurance Brokers Offers Online Builder’s Risk Program, Stunt Coverage
Jan 22 2009 // Los Angeles-based Abacus Insurance Brokers Inc., a program has launched an online builder’s risk program, as well as has enhanced its portfolio of production programs to include stunt coverage. Eligible projects in...
U.S. Risk Launches Real Time Quote Application
Jan 21 2009 // Dallas-based managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has rolled out a new online platform through which agents can rate, quote and bind a policy in minutes. According to the...
Willis HRH Announces New Executive Appointments
Jan 21 2009 // Willis HRH, the North American unit of Willis Group Holdings, announced a series of senior leadership appointments that the company says will drive growth and innovation in key areas of its retail brokerage business. With...
Menegus Joins R.E. Chaix & Associates Insurance Brokers
Jan 20 2009 // R.E.Chaix & Associates Insurance Brokers Inc. has hired Michael Menegus as a broker in the San Diego office. Menegus began his insurance career with GEICO in 1985 and after 10 years, moved into an underwriting...
North Dakota Yanks Fargo Insurance Agent’s License
Jan 20 2009 // North Dakota Insurance Commissioner Adam Hamm says he’s revoked the license of Bruce Hager, a Fargo insurance agent who pleaded guilty to selling unregistered securities and acting as an unregistered securities...
Fox Elected President of Professional Insurance Agents of Ohio
Jan 20 2009 // The Professional Insurance Agents Association of Ohio, Inc. (PIA) elected Douglas J. Fox, of Perrysburg, president of its board of directors. Fox’s term commenced Jan. 1. Fox is an independent insurance agent, with...
Uy Joins Sullivan Brokers
Jan 16 2009 // Sullivan Brokers Wholesale Insurance Services announced that Alekhine Uy has joined the firm as casualty manager in the company’s Los Angeles office. He is recognized for his brokering expertise in casualty...
New York’s NIF Group Acquires California’s HDR
Jan 16 2009 // Manhasset, New York-based specialty insurance firm NIF Group has acquired HDR Insurance Services of Sacramento, California. HDR specializes in providing innovative programs for independent agents. HDR will continue to...
Group Changes Name to Independent Insurance Agents of Illinois
Jan 15 2009 // The Springfield-based Professional Independent Insurance Agents of Illinois has unveiled a new name. The statewide group will now be known as the Independent Insurance Agents of Illinois (IIA of IL) It has also implemented...
Alabama Arson Suspect Lunceford Faced Foreclosure, Federal Agents Say
Jan 13 2009 // Witnesses testified that businessman and former Auburn University’s punter Tommy Lunceford Jr. was in a dispute with a couple leasing his Gulf Shores (Alabama) restaurant and faced foreclosure when the building...