Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

ABI Responds to UK Treasury’s Travel Insurance Regulation Proposals

Feb 26 2007 // A report from the UK’s Treasury Department, which calls for more regulation and control over travel insurance sold through tour operators and travel agents, has brought a response from the Association of British...

Mass. auto assigned risk plan could be history before it even begins

Feb 26 2007 // Massachusetts insurance agents have urged the administration of Gov. Deval Patrick to scrap a proposed auto insurance assigned risk plan that the previous administration championed for four years. Former Insurance...

Don’t blame insurance agents for coastal mess

Feb 26 2007 // Over the past several months, a group of legislators from the Rhode Island House of Representatives has been meeting in an effort to understand and respond to the recent drastic — and, in some instances, draconian...

Flooding hazard alert: Melting ice and snow increases risk

Feb 26 2007 // We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to...

The Commissioners: Jim Poolman

Feb 26 2007 // Poolman says regulatory modernization, agent licensing are priorities Currently serving in his second term as North Dakota Insurance Commissioner, Jim Poolman has focused his efforts on working for and protecting insurance...

Keys to surviving it and thriving from it

Feb 26 2007 // To some outsiders, insurance agents appear to be threatened with obsolescence. Commoditized products, the extensive information available online and the decreasing value placed on personal relationships could lead insureds...

Should windstorm be added to the NFIP?

Feb 26 2007 // U.S. Rep. Gene Taylor, D-Miss., recently introduced the Multiple Peril Insurance Act, which would offer windstorm coverage as an option for consumers within the National Flood Insurance Program (NFIP). The bill has sparked...

Keys to surviving it and thriving from it

Feb 26 2007 // To some outsiders, insurance agents are threatened with obsolescence. Commoditized products, the information available online and the decreasing value placed on personal relationships could lead insureds to devalue the...

The Commissioners: George Dale

Feb 26 2007 // Battered but not beaten, Mississippi focuses on helping people A former high school principal, George Dale is now the longest serving state insurance commissioner in the nation. He has been elected by the people of...

Why a regional carrier might be an agent’s best friend

Feb 26 2007 // The old saying “all politics is local” is born of the realization that the things that most directly affect us are local issues. In that respect, one could say that insurance is a local business. Risk...

Washington’s 2007 Legislative agenda targets license reform

Feb 26 2007 // Washington Insurance Com-missioner Mike Kreidler recently promulgated his agency’s proposals for the 2007 Legislative session. Of nine proposals, Sandi Peck, deputy commissioner of public affairs for the Washington...

The Commissioners: Morris Chavez

Feb 26 2007 // Regulator committed to restoring ethics After replacing two insurance superintendents in less than a year over allegations of questionable activities, New Mexico’s Insurance Department seems to sorely need some...

Agents welcome windstorm debate; insurers warn against subsidies

Feb 26 2007 // The Independent Insurance Agents and Brokers of America (the Big “I”) says the debate over windstorm coverage is crucial for consumers and independent agents and brokers in many regions around the...

D&O experts show little tendency to drink from a glass ‘half full’

Feb 26 2007 // Corporate governance, stockholder activism, pricing discipline, a surprise event to define next D&O cycle Things are about as good as they can get right now in the directors and officers liability environment but that...

Coming to the Rescue: States get ready to modernize surplus lines regulation

Feb 26 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...

Congress gets bipartisan bills to repeal insurance antitrust immunity

Feb 26 2007 // Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited...

Five casual ways to pump up CSR sales

Feb 26 2007 // CSR selling doesn’t happen by decree. Principals can’t simply declare a sales quota and expect instant results. It is a long-term process getting customer service representatives involved in selling. Management...

A new direction for directors and officers coverage

Feb 26 2007 // Changes in attitudes, lawsuits, statutes worldwide force global companies to buy locally-admitted D&O A company that acquires a new property in a foreign country will usually review its property and casualty insurance...

Jim Poolman, North Dakota, Commissioner of Insurance

Feb 25 2007 // Currently serving in his second term as North Dakota Insurance Commissioner, Jim Poolman has focused his efforts on working for and protecting insurance consumers across the state. He served eight years in the North Dakota...

Editor’s Note: Flooding hazard alert: Melting ice and snow increases risk

Feb 25 2007 // We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to...