Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
New rules mean bytes could produce a big bite
Dec 24 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...
10 Calif. agents may get more calls from uninsured motorists
Dec 24 2006 // State issuing record number of registration suspension notices 10 Nevada proposes workers’ comp loss cost rate increase Inflationary pressures moving prices upward 11 Hawaii issues captive license to MHC...
Insurers, agents worry Conn. coastal rules could make matters worse
Dec 24 2006 // News Currents 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...
2006 New Markets Report
Dec 24 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...
Rating commission also denies rate hikes for La. Citizens
Dec 24 2006 // 10 No rule change for Allstate in La. 11 ID theft warning in Okla. AG cites scam targeting customers of Ketchum bank 11 Agents selling federal flood policies must have training Ark. reminds producers of their...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
California agents may get more calls from uninsured motorists
Dec 24 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,...
New rules mean bytes of electronically stored info could have big bite
Dec 24 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...
Latin American Agents Association Installs New Officers
Dec 21 2006 // The Latin American Agents Association installed its 2007 Board of Directors and officers at its Holiday Gala in December. For 2007, new officers will be: President Gustavo Contreras from Golden Financial Insurance Agency...
Networked Insurance Agents Appoints Hicks to Territorial Sales VP
Dec 21 2006 // Grass Valley, Calif.-based Networked Insurance Agents has appointed Cheryl Hicks territorial sales vice president in California’s northern central valley. Hicks started in the insurance industry as a rater for...
Report Hits Virginia Government’s Data Security Efforts
Dec 20 2006 // A majority of state government agenciesin Virginia are doing an unacceptable job of protecting information like Social Security and credit card numbers, driving records and medical information, according to a state...
Northeast Wholesaler Jimcor Expands with Purchase of Pa. Broker Federico
Dec 20 2006 // Northeast wholesale broker Jimcor Agencies has acquired Federico & Associates, a regional wholesaler based out of Lansdowne, Pa. Terms of the agreement have not been disclosed. Headquartered in Montvale, N.J., Jimcor...
Latin American Agents Association Names Valor Award Winners
Dec 19 2006 // The Latin American Agents Association named its Valor Award winners at its Holiday Gala. Valor Award recipients are said to exhibit the highest levels of professionalism and dedication, and were selected by LAAA members...
