Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Alabama Insurance Agent Parker Wins Republican Runoff
Aug 4 2008 // Huntsville insurance agent Wayne Parker won the Republican nomination for an open U.S. House seat in Alabama. In the 5th District in north Alabama, Parker received 79 percent to 21 percent for Huntsville lawyer Cheryl...
Insurers, Agents Urge Coastal Wind Policy from Texas to Maine
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
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 …”...
People
Aug 4 2008 // Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. In his new role as regional president, Meholic will be accountable for the direction,...
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...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Study: Buyer Satisfaction Better When Local Agent Plays a Role
Aug 4 2008 // Buyers who purchase their auto insurance policies through local agents give higher average satisfaction scores compared with those who purchase policies from call center representatives or via Internet channels, a new...
People
Aug 4 2008 // Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th...
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 …”...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
People
Aug 4 2008 // Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck. Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the...
Broker Liability
Aug 4 2008 // Is There a Duty to Advise About Adequacy of Coverage? Author’s note: This month’s column will examine the liability of a broker for an alleged failure to advise the insured about the adequacy of insurance...
What Agencies Can Expect Accessing Bank Capital in the Current Credit Crunch
Aug 4 2008 // How to Properly Position an Agency When Planning to Borrow From a Bank Every morning, stories of financial sector gloom and doom fill the airwaves. A slowing economy has affected the ability of individuals and businesses...
Agents Weigh Independence, Commissions, Markets When Choosing Agency Networks
Aug 4 2008 // Rising Costs, Soft Market Cause Agents to Consider Network Options Maintaining their independence while gaining access to resources and markets are what independent agents consider when deciding whether to join an...
A Philosophy – and Practice – of Sharing
Aug 4 2008 // Shows How Sharing Success With Producers Keeps the Agency and Its Clients Happy Top 100 Agency Profile Ranking: No. 8 Insurance Office of America Headquarters: Longwood, Fla. Year Founded: 1988 Additional Locations: 22...
CNinsure Affiliates Receive High Rankings
Aug 1 2008 // China’s independent insurance agency and brokerage group CNinsure Inc. announced that “twelve of its affiliated insurance intermediary companies, including eight insurance agencies, one insurance brokerage and...
The Case for Risk Management and Insurance Education
Aug 1 2008 // If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.” Not that there’s anything wrong with that, mind...
Independent Insurance Agents of Mississippi Names New President
Jul 31 2008 // The Independent Insurance Agents of Mississippi elected Angelyn Treutel of Treutel Insurance Agency in Bay St. Louis president at their 110th Annual Convention in Destin, Florida. Treutel’s election follows an active...
Kentucky Insurance Legislation Affects Compensation and Investments
Jul 31 2008 // Kentucky lawmakers adopted insurance legislation during the 2008 regular legislative session that will affect agents and carriers working in the state. The Insurance Producer Modernization bill (HB 334) allows an agent to...
Texas Independent Agents Group Names Young Governmental Affairs Manager
Jul 30 2008 // The Independent Insurance Agents of Texas (IIAT) has named Rebecca Young governmental affairs manager to help serve as a liaison between association members and legislators. With more than 15 years’ experience...