Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
In Memoriam: Paul H. Jones
Jan 28 2007 // Paul H. Jones, recognized as “Mr. Insurance of Arizona,” died on Dec. 30, 2006. Jones was born on Oct. 4, 1910, in Los Angeles. He was extremely active in civic activities and served as president of the Tucson...
Under new rules, bytes of electronically stored info could have big bite
Jan 28 2007 // Insurance agents want to avoid litigation, but it is not always possible. When they become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of...
Agents, brokers ready to pursue ambitious legislative agenda in 2007
Jan 28 2007 // There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House...
Delaware agent groups to merge
Jan 28 2007 // The Independent Agents Association of Delaware (IIAD) and the Insurance Agents & Brokers of Delaware (IA&B of DE) have agreed to merge their memberships. “Our members have clearly told us that they want a...
Agents, brokers ready to pursue ambitious legislative agenda in 2007
Jan 28 2007 // There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House...
Private equity market bullish on E&S brokers
Jan 28 2007 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based...
8 Customer satisfaction doesn’t guarantee agent, insurer loyalty
Jan 28 2007 // U.S. has second-highest level of satisfaction 9 Calif. Commissioner Poizner sworn in Vows to keep office independent, nonpartisan 10 Calif. declares claims emergency Freezing temperatures create citrus losses 12 Biggest...
Allied medical professional liability: healthy growth to continue
Jan 28 2007 // Allied Medical Professional Liability insurance provides coverage for those risks associated with the use of Allied Health care Providers (AHPs), commonly known as “nonphysician clinicians.” This coverage is...
Agents can score with varied sports and entertainment industry
Jan 28 2007 // The leisure industry is big business, and insuring the wide variety of sports and entertainment activities and venues is an equally large opportunity. From rock-climbing walls and inflatables on-call for children’s...
8 N.Y.’s Interboro Mutual’s back in
Jan 28 2007 // Long Island insurer reborn as stock insurer 8 Delaware agents groups to merge Group will be both Big ‘I’ and PIA 8 Mass. Diocese gives files to insurers Insurers may review handling of abuse cases 10 Royal...
Under new rules, bytes of electronically stored info could have big bite
Jan 28 2007 // Insurance agents want to avoid litigation, but it is not always possible. When they become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of...
AAMGA Leaders Conclude ‘Fact-Finding’ London Trip
Jan 26 2007 // Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit...
Marsh Granted First ‘Wholly-Owned’ License in China
Jan 26 2007 // Marsh announced it has been awarded China’s first ever Wholly-Owned Foreign Enterprise (WOFE) insurance broking license. The bulletin said the “new license provisions, subject to tax and regulatory approvals,...
Higginbotham & Assoc. Adds Reedy as P/C Broker in Austin Office
Jan 26 2007 // Texas-based Higginbotham & Associates announced it hired commercial property and casualty broker Ben Reedy, an Indiana transfer, as account executive in its Austin office. Reedy was most recently a top three producer...
Court Reverses $20 Million Jury Award to Ex-State Farm Agents
Jan 25 2007 // The Missouri Court of Appeals on Tuesday threw out a $20 million jury award to five former State Farm Insurance agents who claimed they were improperly terminated for criticizing the company’s treatment of...
Ohio State Auto Adds New System to Benefit Agent Force
Jan 25 2007 // Columbus, Ohio-based State Auto Insurance Cos. have eliminated an automation roadblock for independent State Auto agencies using Applied Systems agency management systems. State Auto has implemented IVANS Transformation...
Calls Link Agents with Dubious Medicare Sales Practices in Ark.
Jan 25 2007 // Arkansas Insurance Commissioner Julie Benafield Bowman has expressed concern upon hearing reports of questionable practices by insurance agents selling Medicare Advantage plans in the southwest area of the state. Calls...
Montgomery and Maynard Join RISC’s Brokerage Department
Jan 25 2007 // Dallas-based RISC announced that Sam Maynard and Cathy Montgomery have joined its Brokerage Department as vice presidents specializing in Casualty and Property respectively. Maynard began his insurance career with...
E.L.M. Insurance Brokers Forms Partnership, Launches Web Site
Jan 25 2007 // Executive Liability Managers Insurance Brokers (E.L.M.), based in El Segundo, Calif., has launched a new Web site available at www.e-o.com or e-insurebynet.com, to improve the application and binding process for...
Survey: Commercial Prices Continue Declining in Non-Catastrophe Areas
Jan 24 2007 // Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new...
