Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
‘Free agents’ and other 2007 management trends
Apr 9 2007 // What are the trends agency management owners should pay attention to? Here is a list of the key issues that many firms are struggling with today and a few suggestions on how to handle these trends. 1. “Free...
Agents Group Updates Technology Site with Real-Time Features, Vendors, More
Apr 6 2007 // To help members explore and implement the myriad benefits of technology into their businesses, the Professional Insurance Agents of New York State, New Jersey, Connecticut and New Hampshire unveiled an updated PIA...
Broker Integro Forms International Unit Based in London
Apr 5 2007 // Integro Ltd., a New York-based insurance brokerage and risk management firm, is forming an international insurance and reinsurance business unit based in London. The new group will offer worldwide insurance and reinsurance...
Delaware Agent Groups Closer to Merger; Members to Vote April 18
Apr 5 2007 // 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 approve the plan for merger of their...
Maryland Assembly OKs Measure to Shield Agents from Notice Liability
Apr 4 2007 // 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 Delegates unanimously passed companion...
Ohio Casualty Sponsors Agent Branding Program, The Partnership
Apr 3 2007 // Ohio Casualty Group® today has announced its sponsorship of two key projects of the National Association of Professional Insurance Agents (PIA). The company is an official sponsor of the PIA Branding Program, Local Agents...
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,...
