Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Penn Valley, Calif., Agent Sentenced for Fraud and Petty Theft
Apr 3 2007 // James Sepeda, 33, a former insurance agent from Penn Valley, Calif., has been convicted of one felony count of insurance fraud and three misdemeanor counts of petty theft, according to the California Department of...
Agents’ Group Honors N.Y.’s Franzese
Apr 2 2007 // Robert Franzese has been named the 2007 PIA National Professional Agent of the Year by the National Association of Professional Insurance Agents. Franzese is chief executive officer of Capital Bauer Insurance Agency, Inc....
Wis. Moore Recipient of National Young Insurance Professional Award
Apr 2 2007 // Michael J. Moore has been named the 2007 PIA National Young Insurance Professional of the Year. The award was presented March 31, 2007 by the National Association of Professional Insurance Agents (PIA). Moore is executive...
Safeco Consolidates Nonprofit Social Service Product Line with NIF Group
Apr 2 2007 // Seattle-based Safeco said its insurance product line for nonprofit social service agencies will now be available to all independent agents through NIF Group Inc. “NIF Group has successfully represented Safeco’s...
St. Pete Agent Chosen to Serve on Fla.’s Citizens Board of Governors
Mar 30 2007 // Carol Everhart, vice president for BB&T-Iler Wall & Shonter Insurance in St. Petersburg, Fla., has been chosen to serve on the Citizens Property Insurance Corp. board of governors. Nominated by Senate President...
Judge Rules Spitzer Suit May Continue; Liberty Mutual Not Giving Up Fight
Mar 30 2007 // Liberty Mutual has vowed to continue its court fight against charges begun by former New York Attorney General Eliot Spitzer that it engaged in anti-competitive bid-rigging and broker compensation practices after a judge...
Former La. Insurance Agent Arrested on Fraud Charges
Mar 29 2007 // The Louisiana State Police Insurance Fraud and Auto Theft Unit announced the arrest of a former Iberia Parish insurance agent on charges of Insurance Fraud and Forgery. Troopers believe David Sampy, 43, of Sugarhill Drive...
Homeowners Insurance Directory Begins Televised Ads
Mar 29 2007 // InsureMyHouse.com, a national directory of homeowners insurance agents, will be featured in commercials with the Better Business Bureau. Media, PA – InsureMyHouse.com started out two years ago as an insurance...
Ohio State Auto Completes Purchase of Beacon Insurance Group
Mar 29 2007 // Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto’s 29th state of operation, according...
Mass. Auto Report Urges Limited Price Competition; No Assigned Risk Change for Now
Mar 27 2007 // A special auto insurance study group appointed by Massachusetts Gov. Deval Patrick has recommended modest changes to introduce limited pricing competition while warning against a proposed overhaul of the state’s high...
Bipartisan Flood Insurance ‘Modernization’ Bill Boosts Borrowing, Maximum Limits
Mar 27 2007 // U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program’s borrowing authority to $21.5 billion, increases...
Ill. Speciality Underwriters Contracts with New Partner
Mar 27 2007 // Specialty Underwriters’ Alliance, Inc., through its subsidiary SUA Insurance Co., today announced a new Partner Agent agreement with Flying Eagle Insurance Services, Inc. (“Flying Eagle”) to market and...
Handle customer data with care – it’s the law
Mar 26 2007 // Insurance agents and brokers constantly deal with customers’ personal information. Yet many in the industry may not be aware of the legal requirements for handling or storing this information. How should agents and...
Top 10 myths of D&O liability insurance
Mar 26 2007 // Squelching frequent misconceptions of this valuable protection. In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However,...
Agents Hit U.S. Chamber Backing of Federal Insurance Regulation
Mar 26 2007 // As they prepare to converge on Washington, D.C. to meet with federal legislators, insurance agents are targeting a recent U.S. Chamber of Commerce endorsement of federal insurance regulation for criticism. The National...
The New Frontier
Mar 26 2007 // Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT...
Agents group and Texas PTA team up to fight teen drinking
Mar 26 2007 // The “Party 101: Consequences” development team involved teens in the creation, production and taping of the program. News Currents With Texas leading the nation in alcohol related deaths among young people, the...
Top 10 myths of D&O liability insurance
Mar 26 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
People
Mar 26 2007 // Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to...
The New Frontier: Hidden exposures and brewing claims in the tech liability field
Mar 26 2007 // Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT...