Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Brokers’ stock prices up 8%; 23 M&As posted in April and May
Jun 18 2007 // Stock Prices: Overall, brokers’ stocks have performed well year-to-date, up 8 percent. A strong contributor to the stock price increase is the merger and acquisition premium related to the high prices private equity...
Strength in Numbers
Jun 18 2007 // Today’s demands on independent agents are plentiful: competition, risk management, compensation disclosure, quality markets and carrier’s demands for premium quotas, to name a few. Such demands could be one...
News Currents
Jun 18 2007 // Risk managers take strong stand against contingent commissions RIMS issues new policy statement denouncing such incentive pay for all agents and brokers, whether Wall Street or Main Street The largest association of...
How to avoid common producer sales management mistakes
Jun 18 2007 // There is more to working with producers than just paying and praying. It also takes continuous in-office supervision. Some agencies are fortunate enough to have the time and talent to coach their sales staffs. Regretfully,...
More agents turn to outside organizations to access markets, study finds
Jun 18 2007 // More independent agents are seeking outside help to access markets and arrange other business services, according to a newly-released survey presented by the Independent Insurance Agents & Brokers of America...
Selling workers’ comp like it’s not a commodity
Jun 18 2007 // Everybody needs workers’ compensation coverage and to some that translates to a commoditization of the product line. But to be successful at selling workers’ comp, producers have to change the way they sell the...
Brooke, Siddons and Watkins Elected Directors at IIAT Conference
Jun 14 2007 // The Independent Insurance Agents of Texas elected three directors at the trade association’s 110th Annual Conference & Trade Show, held recently in San Antonio. Elected to fill three-year terms each were: Cory...
Agents Are Finding New Client Leads In Top Ranked Insurance Directory
Jun 13 2007 // Thousands of potential new clients search for insurance agents everyday in the popular Insurance Agents Directory at CCAuctions www.calcruising.com. With a new advertising campaign, CCAuctions is promoting one featured...
Risk Managers Wrong to Oppose Contingent Pay, Charge PIA Agents
Jun 13 2007 // The National Association of Professional Insurance Agents has criticized a statement issued by the Risk and Insurance Management Society (RIMS), saying the group’s position on incentive compensation undermines the...
How Insurance Agents Can Advertise Online with a Small Budget
Jun 8 2007 // QuotesAuction.com, nation’s leading insurance leads provider gives insurance agents an opportunity to take advantage of online marketing without the risk of loosing money. QuotesAuction.com advertises on search...
IIAT Introduces Officers, Award Winners at Annual Conference
Jun 8 2007 // The Independent Insurance Agents of Texas introduced its new officers for the coming year at its 110th Annual Conference & Trade Show, held recently in San Antonio. The organization also recognized the winners of two...
Former La. Agent Arrested for Alleged Felony Theft, Fined $10K
Jun 8 2007 // A former Shreveport, La., insurance agent has been arrested, issued a cease and desist order and served with a $10,000 fine notice for alleged felony theft and filing false public documents, the Louisiana Department of...
Willis’ CEO Stresses Broker’s ‘Commitment to the Chinese Market’
Jun 7 2007 // Willis Group Holdings Chairman and CEO Joe Plumeri, at a press conference in Shanghai, spoke of the global broker’s commitment to the Chinese market. “We are focusing our business on domestic companies so that...
IIAT Names Arn and Flores ACSR, Young Agent of the Year, Respectively
Jun 7 2007 // Ann Arn, a commercial lines CSR with Gans & Smith Insurance Agency in Longview, Texas, has won the Independent Insurance Agents of Texas Accredited Customer Service Representative of the Year award. Additionally, Lori...
WIAA Appoints Leader for Legislative and Regulatory Advocacy Program
Jun 7 2007 // Ken Nigohosian, the executive vice president for Western Insurance Agents Association will be assuming additional duties to spearhead the association’s legislative and regulatory affairs. Nigohosian joined WIAA eight...
New California P/C Brokerage Firm Formed
Jun 7 2007 // Trident IV L.P., a private equity fund managed by Stone Point Capital, announced that it, along with John G. Hahn and Dan R. Francis, have committed to invest up to $100 million to form Edgewood Partners Insurance Center,...
Agents Criticize RIMS’ Lack of Support for Contingent Commissions
Jun 6 2007 // California’s Alliance of Insurance Agents and Brokers has issued a statement, criticizing the Risk and Insurance Management Society’s support of eliminating contingent commissions. In May, RIMS called...
Banks Boost Insurance Brokerage Fees for First Quarter
Jun 6 2007 // Bank insurance brokerage fee income was up 3.9 percent year-to-date through March 31, 2007, compared to the first quarter of 2006, according to the Michael White-Symetra Bank Fee Income Report (Bank-FIR). The Bank-FIR...
Progressive, Asi Lloyds Partner to Offer Discounts in Texas
Jun 6 2007 // Progressive County Mutual, a member of the Progressive Group of Insurance Companies, and ASI Lloyds announced they will each offer discounts on their products to Texans who buy both through a local independent insurance...
QuotesAuction.com Beats the Competition in the Insurance Lead Generation Industry
Jun 5 2007 // QuotesAuction.com, an insurance marketing company that specializes in real time insurance lead generation beats all the competition in terms and tools offered to insurance agents for purchasing leads. QuotesAuction.com...
