Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Thinking outside of the box
May 7 2007 // MGAs deliver more than just specialty packages as they prepare for changing market No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive...
People
May 7 2007 // Steve Taylor has been promoted to regional sales director for Encompass Insurance in New York and New Jersey. Taylor joined Allstate in 1978 as an underwriter trainee. He was promoted to various management positions in...
News Currents
May 7 2007 // Mass. ruling revives possibility of auto assigned risk plan Whether Massachusetts will implement an assigned risk plan for its private passenger auto market was considered a dead issue when in January the incoming Patrick...
Editor’s Note: It’s time, really
May 7 2007 // It will take the collective clout and leadership of agents everywhere to move more carriers and transactions to real time. Agents have the future of the agency system at their fingertips, literally. Many of those who have...
Agents welcome Citizens expansion of small commercial coverage statewide
May 7 2007 // Citizens Property Insurance Corp. is expanding its insurance coverage for small businesses beyond coastal areas to properties across Florida. “Our goal is to make coverage available as quickly as possible to the...
Fortified building standards: Gulf Coast market salvation?
May 7 2007 // Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges...
Editor’s Note: It’s time, really
May 7 2007 // It will take the collective clout and leadership of agents everywhere to move more carriers and transactions to real time. Agents have the future of the agency system at their fingertips, literally. Many of those who have...
People
May 7 2007 // Insurance broker Marsh Inc. has appointed Rob McGinnis as the leader of its U.S. Consumer Business, which includes the U.S. operations of the firm’s Affinity, Program, and Private Client Services...
People
May 7 2007 // Oklahoma City, Okla.-based BMSI Holdings, the holding company for BancInsure Inc., announced a number of promotions and appointments. Rodney N. Sargent was appointed president of BMSI Holdings and chief executive officer...
People
May 7 2007 // Doug Eden joined Main Street America Group as senior vice president, field operations. Eden will be a member of the company’s senior management team based at its corporate headquarters in Jacksonville, Fla. Eden...
Disruptive forces in the insurance industry: Constructive or chaotic?
May 7 2007 // Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the...
Declarations
May 7 2007 // Declarations Ongoing battle The California Office of Administrative Law’s ruling is “a major victory for all California insurance producers, ” but “the battle to protect the broker-carrier...
Violence in schools: Having a plan is key to survival
May 7 2007 // It’s a parent’s worst nightmare: worrying about the safety of a child. But many parents were thrown into that situation on April 16. As the nation well knows by now, on that day, student Seung-Hui Cho unleashed...
Are you truly independent?
May 7 2007 // Given today’s business environment, is it possible for independent agents to truly be “independent?” When we talk about an independent agent, we simply think of a producer who has access to many different...
Editor’s Note: It’s time, really
May 7 2007 // Agents have the future of the agency system at their fingertips, literally. Many of those who have long fantasized about SEMCI (single entry multiple company input) are unaware that this dream is just a keystroke away...
Commercial property/casualty premiums drop, underwriting relaxes, 1st quarter survey finds
May 7 2007 // Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting standards and price...
Agents tell it best – Do what you love and the rest will follow
May 7 2007 // As a national specialty provider of collector vehicle and collectibles insurance, American Collectors Insurance has been privileged to work with thousands of independent agents in our 30 plus years. Some of them —...
Garden Receives Insure Montana Outstanding Agent Award
May 3 2007 // Montana State Auditor John Morrison has recognized Western States Insurance Agent Tim Garden with the Insure Montana Outstanding Agent Award for 2007. Garden was chosen for his outstanding work to help reduce the ranks of...
Swiss Re Now Offering Nonadmitted E&O Coverage for Big ‘I’ Agents
May 3 2007 // Swiss Re is now offfering a nonadmitted coverage for the members of the Independent Insurance Agents and Brokers of America (IIABA). The nonadmitted product is designed for agencies with unique operations and special needs...
Consumer Advocate: Regulate, Not Eliminate, Contingent Commissions
May 3 2007 // Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I...
