Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Eye on Insurance Industry Regulation
Jan 12 2009 // In Financial Turmoil, Agents and the Industry Must Work Together It has been said that “a rising tide lifts all boats.” That also raises the question, what happens to the boat when the tide goes down? The...
Progressive Redesigns Agents’ Only Web Site
Jan 12 2009 // Progressive Insurance redesigned its Progressive Brand Express Web site for independent agents. The updated site – located on Progressive’s agency-dedicated Web site, ForAgentsOnly.com – gives agents...
FBI Reports Drop in Crime Including Arson
Jan 12 2009 // The nation experienced a 3.5 percent decline in violent crime and a 2.5 percent decline in property crime for the first six months of 2008, according to the federal Bureau of Investigation (FBI). Violent crime was down in...
Massachusetts Agents Want Regulator to Rein in Progressive
Jan 11 2009 // It’s the second time in the seven months Progressive has been selling personal auto insurance online that the company has become a target of agents’ ire. A trade group for Massachusetts insurance agents has...
Independent Agents: State Regulation Big Issue in 2009
Jan 11 2009 // The New Year always brings out great hope for a new beginning, a fresh start and greater resolve for the coming year. But with all the financial and economic turmoil of the second half of 2008, independent agents could...
People
Jan 11 2009 // Markel Corp. has promoted Henry Lopez to executive vice president for the Markel Midwest region. Lopez has been with Markel since 1995 and most recently was the vice president, director of business development for...
People
Jan 11 2009 // National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional...
Summary of New State Laws
Jan 11 2009 // Alaska — Ignition Interlock Devices – HB 19, which took effect Jan. 1, 2009, limits driver’s license privileges relating to the crime of avoidance of ignition interlock devices when a person knowingly...
New California Licensing Laws Take Effect
Jan 11 2009 // The California Department of Insurance is reminding producers of new licensing laws that took effect Jan. 1, 2009, as a result of the passage of Assembly Bill 2044. Several changes resulted from the bill, including many...
Eye on Insurance Industry Regulation
Jan 11 2009 // In Financial Turmoil, Agents and the Industry Must Work Together It has been said that “a rising tide lifts all boats.” That also raises the question, what happens to the boat when the tide goes down? The...
Private, Independent and Free
Jan 11 2009 // Ohio-based The Hylant Group Has 12 Locations But Only One Philosophy — Give Customers and Staff What They Need to Succeed Top 100 Agency Profile RANKING: No. 7 Agency Name: The Hylant Group Headquarters: Toledo,...
Construction Insurance Brokers Say Building Backlog is Saving Commercial Sector… For Now
Jan 11 2009 // But Challenges Could Lie Ahead in 2009 Even With Government Stimulus Package Commercial construction insurance brokers from the northeast to the west coast, from Texas all the way to North Carolina, say the market and...
Schroeder Heads New Minnesota Surplus Lines Insurance Association
Jan 9 2009 // Nicholas Schroeder is the first executive director of the new Surplus Lines Association of Minnesota (SLAM), a non-profit organization of brokers of insurance that is placed with companies that are not licensed in...
Marsh Settles Insurance Bid-Rigging Charges with 9 States for $7 Million
Jan 6 2009 // Nine states have reached a $7 million settlement with New York-based insurance broker Marsh, Inc., Marsh & McLennan Companies, Inc., resolving a four-year investigation into Marsh’s role in a nationwide bid...
Arkansas Agent Sought for Alleged Investment Scam
Jan 5 2009 // An Arkansas insurance agent accused of bilking retiree investors out of tens of thousands of dollars and converting the money to his own use is being sought by the Arkansas Securities Department. Terry Mitchell of...
2008: Top Stories of the Year
Jan 5 2009 // 2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to...
After Stormy 2008, P/C Industry Facing Uncertainty in New Year
Jan 5 2009 // Ask agents and executives in the insurance industry about the new year and they’ll say they expect that the market will harden, at least slightly. In fact, 73 percent of agents predict prices will firm, according to...
Oklahoma Electronic Insurance Verification System Not Reliable Yet
Dec 29 2008 // A new electronic system to verify automobile insurance in Oklahoma is operational, but not yet reliable. A law passed in 2006 takes effect Jan. 1, 2009, allowing law enforcement agencies and tag agents to check for...
Worldwide Facilities Hires Brokers in Seattle, Phoenix and Los Angeles
Dec 29 2008 // Los Angeles-based Worldwide Facilities Inc., has hired new brokers in its Property & Casualty and Financial Services departments. Joe Smith has joined the company as a directors and officers broker in the Seattle...
Bollinger Acquires BK International Insurance Brokers
Dec 29 2008 // Short Hills, New Jersey-based insurance agency Bollinger Inc. has acquired BK International Insurance Brokers of Greenwich, Connecticut. The acquisition is the second this month and the fourth this quarter for Bollinger,...
