Latest Agencies Headlines

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

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’...

News Currents

Apr 23 2007 // Maryland agents get notice relief Maryland insurance agents are applauding the General Assembly for relieving them of liability in the delivery of notices about flood and homeowners insurance. The Senate and House of...

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...