Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
People
Apr 23 2007 // Doug Eden has 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., and...
Editor’s Note: A ‘hot career path’
Apr 23 2007 // With this being Insurance Journal’s “Salute to Independent Agents” issue, I got to thinking about what it means to be an independent agent. I’m not an agent of course so I can’t speak from...
People
Apr 23 2007 // Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the...
News Currents
Apr 23 2007 // Texas AG, Allied World Assurance settle antitrust suit A settlement has been reached in an investigation that Texas Attorney General Greg Abbott says uncovered collusion between a Bermuda-based commercial casualty insurer...
Editor’s Note: A ‘hot career path’
Apr 23 2007 // With this being Insurance Journal’s “Salute to Independent Agents” issue, I got to thinking about what it means to be an independent agent. I’m not an agent of course so I can’t speak from...
People
Apr 23 2007 // Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the...
8 Texas AG, Allied World settle antitrust suit
Apr 23 2007 // Company admits no wrongdoing but agrees to pay $2.1 million 8 La.’s governor, commissioner unveil legislative plan Package of bills aimed at increasing competition in insurance market 10 Ark. commissioner tells U.S....
McCarran-Ferguson emerges as No. 1 threat to independent agents
Apr 23 2007 // As 1,200 independent agents and brokers from around the country descend on Washington, D.C., this month for the Big “I” Legislative Conference & Convention, they will be greeted with a new legislative...
Utah Court: Agents should take care when making verbal statements
Apr 23 2007 // The Utah Supreme Court has found that a “party may recover under the doctrine of estoppel when an insurance agent makes material misrepresentations as to the policy provisions, the party reasonably relies on those...
Editor’s Note: Spring ritual
Apr 23 2007 // It’s that time of year when, if you are a member of Congress and you don’t have a meeting with at least one independent insurance agent from back home, you are probably not running for re-election. Like cherry...
People
Apr 23 2007 // The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for...
Declarations
Apr 23 2007 // Declarations Policy talk “The law holds insurance agents to accurately representing policy provisions and honestly answering consumer questions. Agents who are not trained to act with complete honesty and integrity...
Mentoring process is at the core of new producer development
Apr 23 2007 // Most high performance, high growth independent agencies have a lot in common when it comes to finding, hiring and mentoring new producers: They dedicate the necessary time for their mentoring program and couple the...
McCarran-Ferguson emerges as No. 1 threat to independent agents
Apr 23 2007 // As 1,200 independent agents and brokers from around the country descend on Washington, D.C., this month for the Big “I” Legislative Conference & Convention, they will be greeted with a new legislative...
Disruptive Forces in the Insurance Industry: Constructive or chaotic?
Apr 23 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...
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...
Double Duty
Apr 23 2007 // Twenty-nine year old Peter Webb served his country in the U.S. Marines for eight years. Since then, Sergeant Webb has spent four years serving small businesses as an account manager and producer for an Oklahoma City...
News Currents
Apr 23 2007 // Banks’ total insurance revenue dipped 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....
Maine Law Restricts Agents’ Cross-Selling of Insurance Products
Apr 20 2007 // Prompted by complaints from Maine consumers, the Legislature has enacted a law to prohibit insurance agents who schedule appointments to discuss Medicare from trying to interest people in other policies. Gov. John Baldacci...
