Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Pa. Court Upholds Rights of Terminated Insurance Agents
Jan 29 2008 // A new decision by a Pennsylvania court could have far-ranging implications on what happens to an insurance agency’s book of business if a carrier terminates its contract. The decision, rendered last week by Judge...
InsuranceLeadz.com Verifies Customer Data Through New LeadReady™ System
Jan 29 2008 // Columbus, OH, Jan 29 2008 – InsuranceLeadz.com, Inc. has just launched a new comprehensive lead verification service called LeadReady™. LeadReady™ allows InsuranceLeadz.com to instantly review and check every...
10 Tips for Mass. Insurance Agents Moving into Competitive Market
Jan 29 2008 // Massachusetts independent agents are facing a challenge to hang onto their whopping 86 percent market share in personal lines as the state embarks upon a new competitive auto insurance system that will bring some of the...
AIG Pays $12.5M to Settle with States Over Bid-Rigging Allegations
Jan 29 2008 // American International Group, Inc. (AIG) confirmed today that it has reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and...
Willis to Broker Airbus China Assembly Plant
Jan 28 2008 // EADS, the European consortium that designs and builds the Airbus coimmercial aircraft, has selected Willis Group Holdings as the insurance broker for a new Airbus A320 final assembly line in Tianjin, China – the...
Pa., Del., Md. Agent Group Offers Members Human Resources Tool
Jan 28 2008 // Independent insurance agents in Delaware, Maryland and Pennsylvania now have access to a five-component, Web-based resource created to simplify agency management. The HR Solution includes an audit survey, employee handbook...
People
Jan 27 2008 // Swett & Crawford appointed Meredith Dyson as senior vice president. Dyson, who will assist the company with its marketing efforts and other related activities, will be based in New York. Most recently, Dyson was with...
Continuing Education Serves a Positive Purpose
Jan 27 2008 // Continuing education is a fact of life for all agents and brokers. Because states require CE credits, it translates into the reality of a continuous, and often repetitive, obligation — a career-long commitment of time...
How to Fulfill Agent Continuing Education Requirements
Jan 27 2008 // Continuing education (CE) is a fact of life for all agents and brokers. Since states require CE credits, the reality can be a continuous and often repetitive obligation — a career-long commitment of time and attention...
Despite Woes, Biggest Insurance Brokers Still Make the Grade
Jan 27 2008 // Fitch reports leaner and more transparent brokers are better equipped to deal with changing market conditions Taken as a group, the nation’s largest public insurance brokers did better in 2007 than 2006, although the...
Calif. Agents Brace for Rising Workers’ Comp Rates
Jan 27 2008 // In the largest survey of its kind, fewer than half of California’s 10,000 business insurance agents see California’s business economy improving, either for themselves or for their clients, in 2008. The study...
An Insurer’s Success Relies on the Expertise of Its Underwriters
Jan 27 2008 // An insurer’s success rests largely in the expertise of its underwriters. As the U.S. Department of Labor noted in its Career Overview series, “Great trust is placed in underwriters as an insurance company may...
Agents Have Options to Profit as Cycles Turn
Jan 27 2008 // Trust, efficiency, quality, knowledge are among the values independent agents bring to the insurance transaction Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard...
People
Jan 27 2008 // Zurich named Kevin Dunham senior vice president and global relationship leader for the western region of its Global Corporate in North America Business unit. Dunham is based in Glendale, Calif., and will manage accounts...
European Risk Managers, Industry Face New and Not so New Challenges
Jan 27 2008 // FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the...
Setting and Tracking Goals for Agency Producers
Jan 27 2008 // Every inexperienced agent and seasoned producer is hired with some general production goals in mind. In the first few weeks and months that follow, their managers diligently watch over their new hires, much like they check...
Agents Mind Your Es & Os
Jan 27 2008 // As insurance companies face larger, more frequent catastrophe losses, they are increasingly playing hardball with their insureds. Hurricanes, wildfires, tornadoes, floods and earthquakes can put pressure on a...
To Thrive and Survive
Jan 27 2008 // E&S brokers seek new ways to grow, prosper in today’s changing market For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving...
Brown & Brown Acquire Diversified Insurance Brokerage of Ind.
Jan 25 2008 // J. Scott Penny, regional executive vice president of Brown & Brown, Inc. and Kevin Mandrell and William Lantrip, principals of Diversified Insurance Brokerage Group, Inc. of Indianapolis, Ind. recently announced the...
Calif.-based MOC Insurance, Farallon Assoc. Announce Merger
Jan 25 2008 // Van Maroevich, president and CEO of MOC Insurance Services/Maroevich, O’Shea & Coghlan, and Peter Brown and Harry Humphrey of Farallon Associates Insurance Brokers, both based in San Francisco, announced the...