Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Agencies Find New Markets at the Exchange
Jul 22 2008 // SAN DIEGO – (July 22, 2008) – With mounting economic pressure impacting the bottom line, insurance agencies increasingly look for new opportunities to expand their business. MyNewMarkets.com Exchange...
Conn. Woman Accused of Retaliation Against Insurance Agent Who Fired Her
Jul 22 2008 // Plainville, Conn. police have arrested a Portland woman, accusing her of trying to retaliate against her former boss by having electricity cut off to his home. Police say 33-year-old Susan Armato was fired June 25 from her...
American E&S Appoints New Broker in Tennessee
Jul 22 2008 // Paul McCulloch joined American E&S Insurance Brokers as senior vice president and broker in its Nashville, Tenn. office. McCulloch will focus on building national programs and facilities. With more than 20 years in...
People
Jul 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
Jul 21 2008 // In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them obtain the best-possible catastrophe coverage for their clients. Following the 2005...
Connecticut Fines Vermont Mutual Insurance Over Agent Licensing
Jul 21 2008 // Connecticut Insurance Commissioner Thomas R. Sullivan has fined Vermont Mutual Insurance Co. $144,000 for violations of state law. A market conduct exam conducted by survey alleged that Vermont Mutual had 104 agents who...
Heffernan Insurance Brokers Establishes Missouri Branch
Jul 21 2008 // California-based Heffernan Insurance Brokers today announced that it has opened a new branch office in Chesterfield, Mo. Tom Hebson, formerly of Tangram Insurance Services, Inc., will manage the branch and its growing team...
China’s CNinsure Expands into Jiangxi Province
Jul 18 2008 // CNinsure Inc. (NASDAQ:CISG), an independent insurance agency and brokerage company operating in China, announced the signing of a set of definitive agreements with several individual entrepreneurial agents to jointly...
Buchanan Joins AmWINS Brokerage in New York
Jul 18 2008 // Gary Buchanan has joined AmWINS Brokerage of New York of vice president. With over 25 years of experience in the insurance industry, Buchanan will focus mainly on financial risk placements, including directors and...
Lockton’s James Sees Bigger Role for Brokers as Risk Climate Worsens
Jul 17 2008 // The current global risk environment is a time to “analyze operations and take the tough decisions necessary to ensure survival in any downturn,” Julian James, a senior executive with global insurance broker...
Hickey, Gervang Join Wells Fargo International Insurance Group
Jul 17 2008 // Wells Fargo Insurance Services, Inc. has made two executive appointments in its international risk management and insurance services group. Patrick Hickey has joined as managing director and national practice leader for...
New York Hearings Pit Agents Against Compensation-Reformers
Jul 17 2008 // A top executive for a key insurance broker urged New York regulators to quash the practice of insurance agents taking contingent commissions, despite calls from agents that the practice would hurt their businesses, and do...
Allied Insurance Brokers Launches New Scaffolding Program
Jul 16 2008 // Pittsburgh, Pa.-based Allied Insurance Brokers Inc. introduced a new scaffolding program available nationwide to retail agents and brokers. The program offers general liability coverage with an A.M. Best “A+”...
North Dakota Lawmakers Want Review of Agency Spending
Jul 16 2008 // North Dakota legislators say the spending policies of state agencies should get a fresh look to make sure other administrators don’t find themselves facing criminal charges and prison time. Sandy Blunt, the former...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Jul 16 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...
2 Kentucky Highway Safety Agencies to Merge
Jul 16 2008 // Kentucky Gov. Steve Beshear announced a reorganization within the Justice Cabinet that will make Kentucky Vehicle Enforcement a division of Kentucky State Police. The two agencies share responsibility for highway...
Lexington Launches Truck Broker Liability Coverage
Jul 15 2008 // Lexington Insurance Company, a unit of AIG Commercial Insurance, introduced Lexington Truck Broker Liability Insurance, a primary liability insurance policy that addresses liability risks of truck brokers, who bring...
Study: Buyer Satisfaction Better When Local Agent Plays a Role
Jul 15 2008 // A new industry study says that buyers who purchase their auto insurance policies through local agents give significantly higher average satisfaction scores compared with those who purchase policies from call center...
Regional Brokerages Not Immune To Slump, Execs Say
Jul 14 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 from the...
HLA Becomes Wells Fargo Global Broker Network; Basso Named CEO
Jul 14 2008 // Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Co., said it has become the exclusive manager of the HLA Global Network, now known as the Wells Fargo Global Broker Network. The Network has 10,000...
