Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Mich. Insurer Fined for Failing to Make Sure Agents Were Licensed, Appointed
Dec 21 2007 // A Michigan-based insurer has been fined $230,000 by the Conneticut Department of Insurance for failing to make sure agents were licensed and appointed to sell policies in the state. Foremost Insurance Co., which...
Ala. Insurance Agent Loses Runoff for House Distict 12 in Light Voting
Dec 21 2007 // Cullman County, Ala., Commissioner Wayne Willingham won the Republican nomination for Alabama House District 12 and advances to the general election Jan. 29 against Democrat James C. Fields. In light voting in the...
Wells Fargo Buys 4 Agencies
Dec 20 2007 // Wells Fargo & Co.’s Wells Fargo Insurance Services Inc. reports it has bought four insurance agencies. The insurance brokerage acquired Technology Insurance Services Inc., Redwood City, Calif; Rogers &...
Rating Agencies Positive on ACE, Aon, Munich Re Deal for Combined, Sterling
Dec 18 2007 // The rating agencies have generally been positive about ACE’s acquisition of Aon’s Combined Life Insurance Company and Munich Re’s purchase of Sterling Life. The specific reactions were as follows: A.M....
Rockwood Expands Agents’ E&O Coverage
Dec 17 2007 // Rockwood Programs Inc. has expanded its life, accident and health insurance agent’s E&O product offering to include two new endorsements. One enhancement expands coverage to include incidental property and...
Correction: Texas Insurance Professionals Honored by Utica National
Dec 17 2007 // Editor’s Note: The original version of this story incorrectly identified Mark Solomon, Jr. as being associated with All Auto Insurance Agency Inc. in Richardson and a TIP Board member. Mark Solomon, Jr. is head of...
Companies Suing West Va. Insurer BrickStreet Over Agent Commissions
Dec 17 2007 // Two companies are suing West Virginia’s workers’ compensation writer BrickStreet Mutual Insurance Co. over agent commissions. Aero-Fab Inc. and The Bunch Co. allege that Brickstreet is billing companies for the...
Latin American Agents Association Recognizes Valor Awards
Dec 17 2007 // The Latin American Agents Association has announced its Valor Award winners, honoring the “unsung heroes” of the insurance industry, the men and women who help front-line producers achieve success without any...
O’Neal Promoted to Broker for Colemont-Chicago
Dec 14 2007 // Colemont Insurance Brokers announced Judd O’Neal’s promotion to broker in the company’s Chicago office. Judd joined Colemont in November 2006 as part of a property brokerage team after four years with a...
Texas Insurance Professionals Honored by Utica National
Dec 13 2007 // Texas Insurance Professionals recently received the Outstanding Sales Achievement Award from the Utica National Insurance Group. Utica Special Programs Vice President/Director Curtis Pearsall praised Mark Solomon Jr., of...
Agent Association Report: Mich. House Fires and Deaths on the Rise
Dec 12 2007 // The number of reported house fires and fire-related deaths in Michigan increased last year, with many homeowners not maintaining working smoke alarms, according to a report released today by the Michigan Association of...
Ark. Woman Settles with Insurer in Agent Theft Case
Dec 12 2007 // A settlement in the amount of $435,298.25 has been reached between Reba Irons of Fort Smith, Ark., and Allianz Life Insurance Company of North America in a case involving John Phillip Middleton, an insurance agent who sold...
Colemont Adds Broker in Chicago Office
Dec 11 2007 // Colemont Insurance Brokers recently announced that it had promoted Andrea Watkins to broker in Colemont’s Chicago office. Watkins joined Colemont in 2004 as part of a casualty brokerage team. Previously she spent two...
N.J. Senate Passes Agent-Friendly Auto Insurance Changes
Dec 11 2007 // New Jersey insurance agents would no longer be required to offer auto insurance quotes from all of their companies under a bill recently passed by the state’s legislature. The bill, which carries the backing of both...
N.C. Insurance Agent Arrested on Embezzlement Charges
Dec 10 2007 // North Carolina officials arrested a Linwood, N.C., insurance agent charging her with with five counts of embezzlement by an insurance agent and three counts of providing false statements on an insurance...
Coastal Insurance Reform The Top Issue For N.Y. Agents’ Group in 2008
Dec 7 2007 // Improvements to New York’s coastal property insurance program and a prohibition against denying some late-reported claims top the list of issues the Independent Insurance Agents and Brokers of New York said it will...
30% of Mass. Agents Expect to Lose Auto Business under New Managed Competition
Dec 6 2007 // Massacusetts insurance agents dealing with the switch to managed competition are expecting a lot of business movement as a result of the competitive system, with almost one-third (30.7%) predicting they will lose accounts...
Encompass Insurance Product Expands Opportunities For Ky. Agents
Dec 6 2007 // Kentucky insurance agents can now offer their customers a product that combines accident forgiveness and discounts with rating tiers. Illinois-based Encompass Insurance’s new Encompass Edge, with its advanced rating...
Three Accused of Criminal Activity in La. While Acting as Bail Bond Agents
Dec 6 2007 // Louisiana Department of Insurance Fraud Investigators and Jefferson Parish Sheriff’s Deputies charged three Jefferson Parish men with aggravated burglary, aggravated false imprisonment, impersonating a police...
Mo. Department Officials Visit Agencies During ‘Capitol for a Day’ Event
Dec 5 2007 // Missouri Insurance Director Doug Ommen and Deputy Director Larry McCord will visit with employees of GM Peters Agency and JC Rupp Agency in Liberty today as part of the state’s “Capitol for a Day...
