Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Moving Beyond the Perception Trap
Aug 21 2008 // ‘Never walk out of a meeting with out introducing RIOS. Get to insurance later.’ Scott Addis, ‘Purple Cow Leadership Workshop.’ Photo: Brian Ruark, IIAT. Scott Addis presents his ‘Purple...
Obtaining Optimal Catastrophe Coverage
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking...
Regional Brokerages Not Immune to Slump, Execs Say
Aug 21 2008 // Large regional insurance brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection and a few...
Entrepreneurs at Heart
Aug 21 2008 // People think and act differently when they’re owners. They take more ability to shape the outcome of the company. Privately-owned companies can be more nimble in the marketplace, and this is very important...
Responding to an Insurance Department Request for Assistance
Aug 21 2008 // providing [the Department of Insurance] a well-crafted response. Receiving a letter from the California Department of Insurance concerning a customer’s complaint is truly an unsettling experience for many agents. The...
Regional Brokerages Not Immune To Slump, Execs Say
Aug 21 2008 // Large, regional brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection from the insurance...
Moving Beyond the Perception Trap
Aug 21 2008 // Scott Addis’ biggest pet peeve is the way consumers perceive insurance agents. After an unpleasant encounter with a stranger at a cocktail party, who upon learning that Addis was an insurance broker rather than a...
Editor’s Note: The Spitzer Error
Aug 21 2008 // To conclude the Liberty Mutual ruling marks the end of the Spitzer era may be wishful thinking. Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements...
People
Aug 21 2008 // W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley...
Nevada Countersignature Law Officially Null and Void
Aug 21 2008 // protectionist requirement that served only the self interests of small protectionist agents. The battle to defeat countersignature laws is finally over, now that the July 9, 2008, deadline has passed for Nevada to file a...
Study: Buyer Satisfaction Better When Local Agent Plays a Role
Aug 21 2008 // Insurers who disappoint buyers during the shopping and sales process run the risk of losing sales from new and existing customers. Buyers who purchase their auto insurance policies through local agents give higher average...
NATIONAL COVERAGE
Aug 21 2008 // S&P Says Nationals Safe, While Midwest- Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Insurance Regulation Bills N4 | Home Insurers Bitten by $350 Million in Dog Claims Average...
Contingent Commissions Legal, N.Y. Court Rules
Aug 21 2008 // Agent groups praised Liberty Mutual for fighting the battle in court and winning. In a twist to a scandal that has rocked the insurance industry in the past several years, a New York appeals court has ruled that contingent...
Obtaining Optimal Catastrophe Coverage
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. The savvy wholesale broker keeps tabs on which surplus lines insurers have the appropriate capacity for In the midst...
House Subcommittee Moves Key Federal Insurance Regulation Bills
Aug 21 2008 // By Andrea Wells In a busy month for insurance issues on Capitol Hill, the U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises marked up bills creating a federal...
New MPL Endorsements Create Opportunities for Agents
Aug 21 2008 // Miscellaneous Professional Liability Classes • Advertising agencies • Answering services • Audio/visual consultants • Business/management consultants • Communications/media/public...
Insurance Specialty Group Acquires E.L.M. Insurance Brokers
Aug 19 2008 // Insurance Specialty Group LLC has completed its acquisition and merger with E.L.M. Insurance Brokers Inc. of El Segundo, Calif. The company said the combined company will be a “$150 million marketing...
Access E&S Insurance Services Names Menegus Senior Broker
Aug 19 2008 // Access E&S Insurance Services of La Mesa, Calif., has named Mike Menegus senior broker, responsible for bringing in new agents and new business with an emphasis on professional lines including errors and omissions,...
Agents’ Group Promotes Wright to Assistant Vice President
Aug 19 2008 // The Independent Insurance Agents & Brokers of New York has promoted Regina Wright to assistant vice president of finance. Wright most recently served as director of finance for the DeWitt-based trade group for...
American E&S Promotes Insurance Broker in San Francisco
Aug 18 2008 // American E&S Insurance Brokers appointed Vivian Plein to broker after five years with the company. She will focus on general liability and property coverages. Plein has 14 years of experience in the insurance industry.
