Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Swiss Re Launches U.S. Agency Umbrella E&O Coverage
Aug 13 2008 // Swiss Re’s Commercial Insurance group has introduced Errors and Omissions (E&O) agency umbrella coverage in all 50 states and the District of Columbia. “The insurance policy offering was developed in...
Michigan Agents Association Names New President
Aug 12 2008 // Dale Simmon of the Simmon Insurance Agency in Lansing has been named president of the Michigan Association of Insurance Agents (MAIA). As president, Simon will work with the MAIA board of directors and staff to implement...
Ohio Agent to Pay School $372,500 in Unfair Practices Settlement
Aug 11 2008 // A Columbus, Ohio insurance agent accused of unfair business practices has agreed to pay $372,500 to a school district as part of a settlement. The Ohio Department of Insurance had accused agent Fritz Neuhart and his...
Former Insurance Agent Redman Starts Atlanta Falcons Preseason Opener
Aug 11 2008 // Chris Redman has edged rookie Matt Ryan and started at quarterback in the Atlanta Falcons’ preseason opener Aug. 9 at Jacksonville, Fla. Redman was out of the NFL for a while and spent time getting an idea of life in...
Clements International Joins Council of Insurance Agents and Brokers
Aug 11 2008 // (Washington, D.C.) Clements International announces it has been formally accepted as an association member of the Council of Insurance Agents and Brokers (CIAB). Being a member of the CIAB enhances Clements’ ability...
Aon Risk Services Adds Rover to Southern California Brokerage
Aug 11 2008 // Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., announced Stuart Rover has joined the firm’s Los Angeles office as senior account executive. In this role, Rover is responsible for...
MyNewMarkets.com Announces Two More Exchange Conferences
Aug 8 2008 // Due to the success of it’s inaugural Exchange conference, MyNewMarkets.com, has scheduled two additional conferences in San Diego on Sept. 4, 2008. and Dallas on Sept. 30, 2008. MyNewMarkets.com Exchange conferences...
Arizona’s Sterling Grant Names Shunk Broker
Aug 7 2008 // Phoenix-based Sterling Grant & Associates has named Eric Shunk to the new position of broker. Shunk specializes in comprehensive health, life, property and casualty insurance. Shunk began his career in the IT industry...
N. D. Insurance Agent Accused of $5 Million Theft From Clients
Aug 7 2008 // A judge has set bail at $100,000 cash or bond for a Fargo insurance agent accused of stealing more than $5 million from clients. Larry Atkins, 65, appeared on Aug. 5 in East Central District Court on charges of engaging in...
Georgia Insurance Agent Arrested for Allegedly Pocketing Client Premiums
Aug 6 2008 // Georgia Insurance Commissioner John W. Oxendine said authorities arrested a Powder Springs insurance agent for allegedly pocketing his clients’ premiums instead of paying insurance companies for coverage. Ellery...
Social Service Agencies Group Receives $300K Texas Mutual Dividend
Aug 5 2008 // Texas Mutual Insurance Company reported a $304,515 dividend to the Social Services Agencies of Texas purchasing group. The dividend rewards the group for preventing workplace accidents and controlling claim...
People
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...
There’s No Crying in Insurance
Aug 4 2008 // Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins. There may be some truth to the complaints aired at recent New...
Challenges and Strategies for the 21st Century Independent Agency
Aug 4 2008 // The letter from the Palatine Insurance Co. to the independent insurance agency, written in the dawn of a new century began: “The insurance business is experiencing perilous and unprecedented challenges …”...
Contingent Commissions Legal, N.Y. Court Rules
Aug 4 2008 // In a twist to a scandal that has rocked the insurance industry in the past several years, a New York appeals court recently ruled that contingent commissions paid out by Boston-based Liberty Mutual Group Inc. are not...
Moving Beyond the Perception Trap
Aug 4 2008 // Key to Growth: Become Remarkable, Indispensable to Your Customers Scott Addis’ biggest pet peeve is the way consumers perceive insurance agents. After an unpleasant encounter with a stranger at a cocktail party who,...
The Spitzer Error
Aug 4 2008 // Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal. “Contingent commission agreements between brokers and insurers are not...
People
Aug 4 2008 // Colemont Insurance Brokers promoted Matt Carpenter to assistant vice president in the company’s Chicago office. Carpenter joined Colemont in 2002, specializing in brokering casualty lines. His expertise has since...
Reducing the Risk in Florida Surplus Lines
Aug 4 2008 // Build Relationships, Advises FSLA Board Member O’Leary Like trapeze artists performing without a net, surplus lines specialists operate without the backing of the state guaranty fund, which picks up the pieces for...
What Retail Agents Need to Know to Access Florida Surplus Lines
Aug 4 2008 // 10 +1 Questions of Advice for Agents Thinking of Sticking Their Toes into Florida’s Surplus Lines Waters Gary Pullen, executive director, and the staff of the Florida Surplus Line Service Office supplied answers to...
