Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Appalachian Underwriters Buys Florida Brokerage Business
May 16 2007 // Nationwide managing general agency Appalachian Underwriters, Inc. of Oak Ridge, Tenn., has completed the purchase of the renewal rights to the brokerage business of Creative Insurance Underwriters in Florida. “It was...
N.Y. Big ‘I’ Celebrates 125th Year; Zogby Installed as President
May 16 2007 // The newly elected chair of the Independent Insurance Agents & Brokers of New York, Inc. believes the same standards that first established IIABNY 125 years ago are still evident today. Advancing business interests...
Fla. Officials Move to Shut Down Viatical Provider for Dishonest Practices
May 15 2007 // The Florida Office of Insurance Regulation issued a Notice and Order to Show Cause to Coventry First LLC alleging violations of the Florida Insurance Code and for “engaging in fraudulent or dishonest...
Mendez Joins PWIB Texas as Sr. Broker/Underwriter
May 15 2007 // Dallas-based PWIB Texas announced that Holly Mendez has joined the firm as senior broker/underwriter. Mendez formerly was associated with other leading insurance wholesalers, having served in the industry in brokerage and...
ACE to Pay $9 Million in Pennsylvania to Settle Bid-Rigging Allegations
May 15 2007 // The parent company of ACE INA Holdings Inc., a Pennsylvania insurance company, will pay a record $9 million to settle allegations of bid-rigging and market collusion, according to Acting Pennsylvania Insurance Commissioner...
La. Agent Accused of Pocketing Premiums
May 11 2007 // An Alexandria, La., insurance agent has been arrested and issued a cease and desist order and summary suspension of his licenses for allegedly misappropriating premium money from policyholders and failing to remit premiums...
Colo.’s Cadence Joins Strategic Independent Agents Alliance
May 10 2007 // Cadence Insurance Services of Colorado Springs, Colo., has become a member of the Strategic Independent Agents Alliance, a network of independent insurance agencies. The company was the 2,200th Independent Strategic Member...
Find Out Where Insurance Leads Come From
May 10 2007 // The answer is not as obvious as you may think. In the age of the internet, most insurance leads are internet generated. Yes internet insurance leads are generated from websites, but not all websites are equal. There are...
Pa. Broker Arrested For Alleged Premium Finance Fraud
May 10 2007 // A former Bucks County, Pennsylvania insurance broker has been arrested by the Pennsylvania Attorney General’s Office for allegedly defrauding four insurance premium companies and the state’s bureau of...
Double Duty: Agent-Soldiers Who Serve Their Country and Their Customers
May 10 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...
N.H. Agents Suggest Changes to Fiduciary, Licensing Rules
May 9 2007 // The Professional Insurance Agents of New Hampshire Inc. recently said it supports two insurance department proposals and offered further recommendations to clarify fiduciary and licensing rules affecting agents. The...
Republic Group’s Rush to Speak at San Antonio Agents’ Luncheon
May 9 2007 // Parker W. Rush, president and CEO of Dallas-based regional insurer The Republic Group, is slated to speak at the May membership luncheon of the Independent Insurance Agents of San Antonio. The luncheon will take place May...
Ohio American Modern Insurance Offers Incentive Program for Agents
May 8 2007 // The companies of American Modern Insurance Group, a national specialty insurance leader, are sponsoring a sweepstakes designed to demonstrate the ease of use of their on-line modernLINK suite of applications, most notably...
Florida Agent Recognized with National Award
May 8 2007 // Melissa Champany of the Florida Association of Insurance Agents recently received the 2006 InsurPac Young Agent Award at a luncheon in Washington, D.C. Champany was recognized for her efforts in launching a 2006...
Ga. Commissioner Charges Columbus Agent with Fraud
May 8 2007 // A Columbus, Ga., insurance agent has been charged with three counts of insurance fraud for allegedly keeping premiums paid to her for property and taxicab liability coverage instead of forwarding the payments to an...
“The Big I” State Associations Co-Sponsor Agribusiness Conference
May 8 2007 // “The Big I” associations of Colorado, Kansas, Idaho, Nebraska, Oregon, Utah, and Washingto are co-sponsoring Insurance Skills Center’s Agribusiness Conference in Denver on June 25-26, 2007. The Rocky...
Independent Agents’ and Brokers’ Market Share Holds Steady
May 8 2007 // The results of the 2005 market share study by the Independent Insurance Agents & Brokers of America, Inc. (the Big “I), again show that the independent agency system remains strong with plenty of growth...
Editor’s Note: It’s about 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...
Calif. OAL rules agent-broker relationships case not “precedential”
May 7 2007 // The California Department of Insurance (CDI) has been handed a procedural setback in its effort to crack down on agents charging broker fees. Last week, the California Office of Administrative Law (OAL) determined that...
Thinking outside of the box
May 7 2007 // No one knows just how many managing general agencies (MGAs) operate in the United States, but the insurance industry couldn’t survive without them, says Scott Anderson, current president of the American Association...
