Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Willis Launches Network N2, for Community Brokers
Mar 21 2008 // Following on the success of its Commercial Network, Willis Group Holdings has launched another unique offering, Willis N2 – described as a “new network aimed at giving community brokers access to the...
Pacific Underwriters Adopts (I-Bind)® For Private Company and Non-Profit Risks
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
McClelland Joins American E&S Brokers as Senior Broker
Mar 20 2008 // American E&S Brokers of California Inc. of Irvine, Calif., has named Barbara McClelland a senior broker-casualty and property surplus lines. She will specialize in construction, environmental and products liability....
Smith Joins AmWins Brokerage in California
Mar 20 2008 // Sheryl Smith has joined AmWINS Insurance Brokerage of California as senior vice president. Formerly assistant vice president at Crump Insurance Services, Smith has 25 years of insurance industry experience, from claims...
Connecticut Agents’ Group Elects New Officers
Mar 18 2008 // The Professional Insurance Agents of Connecticut elected officers yesterday during the group’s annual convention. The group’s new officers are • President Michael F. Keating of West Hartford, president of...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 17 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
New York Legislature Rejects Hikes in Insurance Law Fines
Mar 17 2008 // A series of significant fine increases for violating New York insurance law – proposed by outgoing Gov. Eliot Spitzer – have been rejected by the state legislature, a move that one New York agents’ group...
Laditi Joins Colemont Insurance Brokers’ Financial Services Team
Mar 13 2008 // Colemont Insurance Brokers has hired Vivian Laditi as assistant vice president and broker in the company’s Woodland Hills, Calif., office as part of the financial services team. Before joining Colemont, she served as...
ACE Europe Launches Private Finance Initiative
Mar 12 2008 // ACE has announced the launch of ACE PFI (Private Finance Initiative), which it describes as a “fully integrated insurance solution providing comprehensive cover and risk management advice for all aspects of a PFI...
Florida Insurance Commissioner Amends Citizens’ Take-Out Procedures
Mar 12 2008 // Florida Insurance Commissioner Kevin McCarty signed an order approving Citizens Property Insurance Corp. take-out plans for the year and requiring Citizens to notify policyholders whose agents have refused to allow their...
People
Mar 10 2008 // Willis Group Holdings, the global insurance broker, reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 10 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
Policyholders Need to be Educated on Importance of Flood Insurance
Mar 10 2008 // Eroding levees, flood map changes, lack of buyers highlight need for public outreach Levees can also erode and decay over time and require regular maintenance and upkeep to continue to offer the level of protection they...
As the Soft Market Continues, Calif. Wholesalers Seek Specialty Niches
Mar 10 2008 // Relationships with agents, brokers and regulators critical to CIWA members The members of the California Insurance Wholesalers Association (CIWA) play a vital role in the state’s insurance market. To find out how...
People
Mar 10 2008 // Denver-based Van Gilder added three persons to its staff. Tony Dodd joined the firm as an account executive specializing in homeowner association risk management programs. Kyle Krisman assumed the role of business...
How to Hire a New Producer
Mar 10 2008 // Hiring employees is a process crucial to the success of a business. Finding and keeping a good producer is even more crucial, since that person is responsible for growth in new sales. Therefore, the right selection and...
Who’s Worth What?
Mar 10 2008 // Agency Salary Survey: Survey reveals fewer pay raises in 2007 but most agencies’ salaries hold firm Fewer independent agencies gave salary increases to managers, sales producers and support personnel in 2007 compared...
The Basics About Appraisals
Mar 10 2008 // Agents should know when and why to refer clients to appraisers for their prized possessions Although like many insurance agents you may have worked with appraisers when insuring a client’s art, antiques or...
Special Policies For Special Cars
Mar 10 2008 // How to find new and existing leads in the collector auto market Everyone knows a car guy. Maybe he’s the neighbor who spends entire weekends in his driveway — armed with a toothbrush, cotton swabs and chamois...
Yates & Associates Names Vaglienty Underwriter/Broker
Mar 7 2008 // Tustin, Calif.-based Yates & Associates has hired Cynthea Vaglienty as commercial transportation underwriter/broker. Vaglienty began her insurance career in 1995 at Roger Stone Insurance. After a few years on the...