Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Aug 21 2008 // Ruby Chan has joined the Needham, Mass.-based Provider Insurance Co. as director of Internet marketing. Chan has worked for Hewlett Packard and was one of the founding members of the Alta Vista search engine. She moved on...
Jessica M. Frankovich
Aug 21 2008 // Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and...
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
Aug 21 2008 // For regional brokers, a saving grace has been diversification. Large regional insurance brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and...
Japan: Risk and Rewards
Aug 21 2008 // In Japan, agencies write 93 percent of P/C insurance. The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of...
Cindy Downs
Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team. Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...
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...
