Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Colemont Adds Vice President, Broker in Chicago Office

Oct 16 2007 // Colemont Insurance Brokers recently announced the addition of Paul Long as its new vice president and broker in the Chicago office. Long specializes in property and inland/ocean marine insurance. Long brings over 20 years...

SFA Brings Ohio and New England Retail Agents Better Access To Specialty Workers’ Compensation Markets

Oct 15 2007 // October 15 2007, Newtown, PA – Alternative risk broker and consultant Self-Funded Alternatives has announced an expanded marketing effort to assist retail agents in the State of Ohio and the New England region with...

Apollo Agencies Names Ferrel President

Oct 15 2007 // Manhattan Beach, Calif,-based Apollo Agencies Inc. has named John Ferrel president, overseeing all operations of Kinecta’s wholly owned property and casualty subsidiary. He joined the organization as vice president...

Mass. Agents Launch Site on Mandatory Health Insurance Law

Oct 15 2007 // In an effort to clarify business and individual responsibilities under the Massachusetts Health Reform Act, the Massachusetts Association of Health Underwriters (MassAHU) has launched the Web site at...

Ohio Agents Recognize Outstanding Leaders at Annual Business Meeting

Oct 12 2007 // The Professional Insurance Agents Association of Ohio, Inc. (PIA), held a special awards ceremony during its annual Business Meeting and Awards Ceremony on October 4th. Individuals were recognized for outstanding...

Lawson-Hawks Acquires Stephens and Long Insurance Brokerage

Oct 12 2007 // Lawson-Hawks Insurance Associates has acquired the Stephens and Long Insurance Brokerage in San Francisco. Stephens and Long was founded in 1925 as an independent insurance brokerage and has, a presence in the San...

Agents Fear N.Y. Coast Insurance Market Worse; Pols Weigh Options

Oct 11 2007 // New York lawmakers are considering taking action to improve coastal insurance availability while insurance agents are telling them they fear market restrictions are worsening. Insurance companies, meanwhile, claim the...

La. Agent to Lead National Assoc. of Professional Insurance Agents

Oct 11 2007 // Robert P. Page of Houma, La., has been installed as president of the National Association of Professional Insurance Agents (PIA National), the trade association reported. Page’s one-year term of office as head of the...

Munich Re Changes Model in Push for More U.S. P/C Business

Oct 10 2007 // Munich Re announced a new long-term “profitable growth strategy” aimed at increasing its share of both direct and broker reinsurance, as well as primary insurance, in the U.S. P/C market. The Group writes more...

Calif. Agents Alliance Installs New Officers

Oct 9 2007 // The Alliance of Insurance Agents and Brokers helected new officers for the 2007-2008 year at its annual business meeting held Sept. 26-30. Elected were: President/CEO Joe Jimenez of CSIS Insurance; Vice President Scott...

Calif. Governor Signs Insurance-Related Bills

Oct 9 2007 // California Gov. Arnold Schwarzenegger has signed insurance-related bills into law, including those affecting the California Earthquake Authority, excess investment and auto insurance licenses. Senate Bill 430 was signed on...

Conn. AG Alleges Reinsurance Antitrust Conspiracy Drives Up Consumer Prices

Oct 9 2007 // A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely unregulated reinsurance business. Connecticut Attorney General Richard...

Broker Kinloch Taps Corrigan as Chief Financial Officer

Oct 9 2007 // New York-based Kinloch Holdings, Inc., an insurance brokerage holding company focusing on middle market clients, has named William Corrigan as chief financial officer. Before joining Kinloch, Corrigan held a number of...

STATE OF LOUISIANA CLEARS BROOKE OF WRONGDOING

Oct 8 2007 // The Louisiana Department of Insurance investigated complaints earlier this year against Brooke from former franchisees in that state and cleared the company of all wrongdoing except for a few minor licensing snafus. The...

Fla. agents advise consumers of coverage gaps, likelihood of assessments with Citizens

Oct 8 2007 // Florida’s insurance agents are advising consumers seeking coverage from Citizens Property Insurance Corp. to proceed cautiously, especially for those making comparisons with the private market. Coverage in the state...

Former franchisees challenge Brooke agent dealings

Oct 8 2007 // Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now...

Case Watch

Oct 8 2007 // Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance.An insured accepted a commercial general liability...

Texas agents: Be ready for financial responsibility verification

Oct 8 2007 // In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of...

Former franchisees challenge Brooke agent dealings

Oct 8 2007 // Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now...

Plaintiffs fail to prove racketeering by Marsh, insurers and brokers

Oct 8 2007 // Dismissal of corruption conspiracy charges follows earlier dismissal of antitrust complaint The same federal judge who early in September dismissed all federal antitrust charges against Marsh & McLennan Companies and...