Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
USRisk Brokers Relocates Irvine Office
Dec 19 2006 // USRisk Brokers has relocated to a larger office in Irvine. The previous location was 2600 Michelson. The new address is: USRisk Brokers 18300 Von Karman, Suite 850 Irvine, CA 92612 949-863-0020 or toll-free 800-856-7025...
Acordia Disputes Charges by Attorneys General in N.Y., Conn., Ill.
Dec 19 2006 // Acordia Inc., an insurance brokerage owned by Wells Fargo & Co., said it will vigorously defend against allegations brought by the attorneys’ general of New York, Connecticut and Illinois. “Contingent...
Iowa Hawkeye-Security Insurance Expands Agent Network in Mo.
Dec 15 2006 // Hawkeye-Security Insurance, a member of Liberty Mutual Group, recently announced the recent appointment of six new agencies to its group of independent agents in Missouri. The following appointments broaden...
California Agents May Get More Calls From Uninsured Motorists
Dec 14 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,...
Hagerty Launches Electronic Policy Delivery System
Dec 14 2006 // Traverse City, Mich.-based Hagerty introduced an electronic policy delivery (EPD) program that will provide immediate customer policy information to agents. The e-mail system will inform agents of the customer’s name...
Calif. Reaches Settlement with Prudential To End Payment of Undisclosed Commissions
Dec 13 2006 // California Insurance Commissioner John Garamendi on Tuesday announced that Prudential Insurance Co. of America agreed to settle its dispute with the division over alleged abusive practices. As part of the agreement,...
Nielson Named Executive Director of California Agents Alliance
Dec 13 2006 // The Alliance of Insurance Agents and Brokers has appointed David G. Nielson its new executive director. A former Alliance Board of Directors president, Nielson left an indelible legacy with the association. During his...
Firm Boosts Insurance Agency Web Sites on Google, Yahoo
Dec 12 2006 // I-Marketing Management has launched a search engine optimization service to help improve the placement of agency and broker Web sites on popular online search engines such as Google and Yahoo. According to Laurie Donohue,...
La. Insurance Agent Arrested and Issued C&D Order
Dec 12 2006 // An Albany, La., insurance agent was recently arrested and issued a cease and desist order on charges of fraud, forgery and misappropriation of funds, the Louisiana Department of Insurance reported. Roberta Ann...
Texas Agent Accused of Issuing Bogus Insurance Certificates in La.
Dec 12 2006 // The Louisiana Department of Insurance announced that a Texas insurance agent has been told to cease and desist engaging in allegedly fraudulent insurance activities in Louisiana where he is not a licensed agent. The...
Texas Agents and Empower Insurance Respond to Christmas Wishes
Dec 12 2006 // Texas-based auto insurance provider Empower Insurance Group announced it is teaming up with numerous independent insurance agents across the state to reach out to families in need this holiday season through the Empower...
Brown & Brown to Reimburse Fla. Municipalities $4.8 Million in Fees
Dec 11 2006 // Insurance agency Brown & Brown, Inc. has agreed to reimburse up to 400 cities and counties in Florida approximately $4.8 million for collecting undisclosed fees or commissions when it placed various coverages with...
Safeco lists on NYSE, hopes to grow by improving agent incentives
Dec 11 2006 // Seattle-based Safeco said it is expecting independent agents, in part, will help the company grow organically and provide predictable returns for investors. In a question and answer session following its listing on the New...
Suit against Miss. agent over flood policy advances
Dec 11 2006 // A federal judge has ruled that a Gulf Coast couple can sue their insurance agent for negligence after he allegedly allowed their flood insurance policy to lapse only days before Hurricane Katrina wrecked their...
Bolton & Co:Providing resources for customers produces profits
Dec 11 2006 // Developing a Web presence is not the primary focus at Bolton & Co. Insurance Brokers — developing the skills of employees and building relationships with customers is the chief concern. After all, when employees...
Private equity market bullish on E&S brokers
Dec 11 2006 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas,...
Declarations
Dec 11 2006 // Are the elves at work? “Just because it’s close to Christmas doesn’t mean the governor has to be Santa Claus. That’s not what the special session should be.” — Louisiana State Rep. Steve...
Indiana’s McGowan Group named ‘2006 Agency of the Year’
Dec 11 2006 // McGowan Insurance Group Inc. of Indianapolis received the Independent Insurance Agents of Indiana’s (IIAI) “Agency of The Year Award” at an awards ceremony in November at their Annual Convention. The...
N.Y. AGENT RUNS FOR DISABLED VETERANS
Dec 11 2006 // John W. Bailey, of Dryden, N.Y., executive vice president of George B. Bailey Agency Inc., is an independent insurance agent who goes above and beyond to help those around him. Bailey completed the New York City Marathon...
Conn. agents could face fight on contingent pay
Dec 11 2006 // Insurance executives would likely create a replacement incentive should lawmakers in Connecticut ban contingent commissions, as the state regulator has warned could happen. Executives voiced their dismay over possible...
