Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
28.5 Million Holiday Party Hosts Likely Underinsured, Study Says
Dec 28 2006 // Most of the 28.5 million Americans who plan to host a party between Thanksgiving and the Super Bowl are underinsured, according to a new study by Trusted Choice. Of those 28.5 million party hosts, 21.3 million do not have...
Former La. Insurance Agent Arrested on Fraud Charges
Dec 28 2006 // A former Oakdale, La., insurance agent was arrested and issued a cease and desist order on charges of fraud and misappropriation of funds, Louisiana Commissioner of Insurance Jim Donelon announced recently. John Craig...
Declarations
Dec 25 2006 // All I want for Christmas is … “On our Christmas wish list is to have somebody come back into the residential artisan contractor market. Pricing has gone way up for small guys in the artisan...
Commissioners, compensation rules, earthquakes made for shaky ground
Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
2006: Agents fight to keep their pay and insurers wise up to the future
Dec 25 2006 // The fight to save contingent commissions topped the minds of agents across the nation as a few select states drove public policy efforts to end their use by insurers. The industry grabbed hold of predictive modeling and...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
October, November see 29 M&As; stock prices continue to vary
Dec 25 2006 // Stock Prices: Stock prices have varied year-to-date among brokers. Brown & Brown Inc.’s (NYSE:BRO) stock was down 4.4 percent through Nov. 30, 2006, while Hub International Ltd.’s (NYSE:HBG) stock was up...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Private equity market increasingly bullish on insurance and E&S
Dec 25 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
Insurers, agents worry Conn. coastal rules could make matters worse
Dec 25 2006 // Insurers aren’t happy and agents are worried about new restrictions on coastal property underwriting being imposed by Connecticut Insurance Commissioner Susan Cogswell in a reversal of her previous policy. They warn...
2006: Mother Nature and political deals made 2006 an unsettling year
Dec 25 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
New rules mean bytes could produce a big bite
Dec 25 2006 // Insurance agents want to avoid litigation, but it is not always possible. When agents become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of...
New rules mean bytes of electronically stored info could have big bite
Dec 25 2006 // Insurance agents want to avoid litigation, but it is not always possible. When agents become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of...
California agents may get more calls from uninsured motorists
Dec 25 2006 // Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500,...
Brown & Brown settlement with Florida: no charges, no guilt, no fines
Dec 25 2006 // After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the probes to a...
October, November see 29 M&As; stock prices continue to vary
Dec 24 2006 // Stock Prices: Stock prices have varied year-to-date among brokers. Brown & Brown Inc.’s (NYSE:BRO) stock was down 4.4 percent through Nov. 30, 2006, while Hub International Ltd.’s (NYSE:HBG) stock was up...
Top 10 Stories of the Year – West
Dec 24 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Top 10 Stories of the Year – East
Dec 24 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
Brown & Brown settlement with Florida: no charges, no guilt, no fines
Dec 24 2006 // News Currents After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the...
Private equity market increasingly bullish on insurance and E&S
Dec 24 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
