Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
10 Little Known Secrets Insurance Agents Should Know About Insurance Leads
May 3 2007 // People are more comfortable using the Internet than they used to be. Many insurance consumers start shopping for insurance online. QuotesAuction.com, an insurance marketing agency reports over 1 million visitors on a...
Citi to Acquire BISYS for $1.47 Billion; Crump to Get Insurance Group
May 2 2007 // Financial services outsourcing firm and insurance wholesaler BISYS has agreed to be acquired by global financial giant Citi. Under the deal, Citi would acquire all of the outstanding shares of BISYS in a transaction valued...
Professional Program Insurance Brokerage Lowers Property Rates Nationwide
May 1 2007 // Due to the huge success and continued growth of all of their offered programs, combined with a catastrophe free season, Professional Program Insurance Brokerage has reduced their property rates nationwide. New rates take...
New Yorkers’ Personal Information Exposed by Brokerage Firm
Apr 30 2007 // A company that lost track of a computer containing the personal information of 540,000 New Yorkers but didn’t tell the state about it for five weeks has agreed to promptly notify people if security is breached again,...
Texas Agent Honored With Big ‘I’ Woodworth Award
Apr 30 2007 // Matt Berry of the William Gammon Agency in Austin, Texas, and former president of the Independent Insurance Agents of Texas, has received the Woodworth Memorial Award, the highest honor the Independent Insurance Agents...
Professional Insurance Agent Ads Feature Women Business Owners
Apr 30 2007 // The National Association of Professional Insurance Agents has introduced the newest additions to its compelling PIA Branding Program, “Local Agents Serving Main Street America.” Both ads concentrate on...
Willis Rejects Insurers’ Alternatives for Contingent Commissions
Apr 30 2007 // After a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it will not be accepting these incentive arrangements because, it says,...
Agent Leader Soto Renews Vow to Defend Contingent Pay
Apr 30 2007 // The leader of the nation’s biggest independent insurance agent association has promised agents his group will vigorously defend their incentive pay and contingent commissions that have come in for criticism by some...
Big ‘I’ Honors N.Y’s Emek and Louisiana Affiliate
Apr 30 2007 // The Independent Insurance Agents & Brokers of America (the Big “I”) honored an agent leader and one of its state associations for their legislative accomplishments in 2006 at the Big “I”...
Insurance and Small Business Addressed at Big ‘I’ Conference
Apr 27 2007 // Sen. Joe Lieberman, D-Conn., and House Republican Whip Roy Blunt R-Mo., addressed 1,400 independent insurance agents and brokers at the Independent Insurance Agents & Brokers of America’s National Legislative...
What Insurance Agents Have to Say about Internet Insurance Leads
Apr 26 2007 // Indeed today more and more people are going online to shop for insurance from various insurance carriers. Most consumers start the insurance shopping process online before they finalize the sale with agents in their state....
Secret Math of Making Money with Insurance Leads
Apr 25 2007 // To increase sales insurance agents should: “Put themselves in their prospective client’s shoes.” More and more consumers are shopping online for insurance. Thousands of insurance prospects go online to...
E.L.M. Insurance Brokers Enters Commercial Casualty Market
Apr 25 2007 // E.L.M. Insurance Brokers based in El Segundo, Calif., has formed a new commercial package division to be managed by Clancy Johannsen. Johannsen has been with the company for the past six years, five of which have been as a...
Assurex Global Welcomes New Indonesian Partner
Apr 24 2007 // Assurex Global, the independent insurance brokerage network, announced that it has added an Indonesian brokerage to its Partner list – PT. Mitra, Iswara & Rorimpandey (MIR) Insurance Brokers. The firm was...
Garner and Arsuaga Join All Risks in Dallas Office
Apr 24 2007 // All Risks Ltd., a national independent wholesale broker and managing general agent headquartered in Hunt Valley, Md., announced that Elaine Garner and Julie Arsuaga have joined the firm in its Dallas, Texas, office. Garner...
2007 Agency Salary Survey says …
Apr 23 2007 // More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual...
Brokers experience no shortage in M&A activity in first quarter 2007
Apr 23 2007 // Stock Prices: Brokers’ stock prices have been mixed through the first quarter of 2007. Hub International Ltd. and USI Holdings Corp. have experienced stock price increases due to take-over premiums, as both companies...
Banks’ total insurance revenue dipped
Apr 23 2007 // The nation’s bank holding companies (BHCs) experienced a slight decline of 1.3 percent in their total insurance revenue from $44.1 billion in 2005 to $43.5 billion in 2006. Citigroup Inc. (N.Y.), Wells Fargo &...
News Currents
Apr 23 2007 // Delaware agent groups on verge of merger The boards of directors for the Insurance Agents & Brokers of Delaware (IA&B of DE) and the Independent Insurance Agents of Delaware Inc. (IIAD) have unanimously voted to...
News Currents
Apr 23 2007 // Judge rejects antitrust, racketeering charges in brokerage suit Plaintiffs in a class action suit alleging bid rigging and account steering by commercial insurers and brokers have failed to show that the defendants’...
