Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
28.5 million holiday party hosts likely underinsured, study says
Jan 8 2007 // 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...
Private equity market increasingly bullish on insurance and E&S
Jan 8 2007 // 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...
Making the case for small/mid-size business EPLI
Jan 8 2007 // A client’s financial well-being — and an agent’s own E&O — dictate that employment liability issues be discussed We can assume that today’s litigious employment environment makes it easy...
Blueprint for Contractors Liability: Building the case for contractors … and underwriters
Jan 8 2007 // For a contractor — and his insurance agent — surveying the general liability insurance landscape, the options can seem overwhelming. Trying to navigate through a vast assortment of carriers and coverages is...
BOPping in on employment practices liability insurance
Jan 8 2007 // It’s the ogre hiding under the bridge. And a hungry ogre at that. The owners of many small- to mid-sized companies hope to tip-toe by without incident, but there is no ignoring the potential for trouble. The number...
People
Jan 7 2007 // Zurich Financial Services Group has appointed Maine Insurance Superintendent Alessandro A. Iuppa as head of Government and Industry Affairs for General Insurance, and as chief government affairs officer, North America....
Declarations
Jan 7 2007 // Lawsuit reform revisited “While I am still reviewing [the] ruling, my initial reaction is that of disappointment, because I believe it will lead to an increase in frivolous lawsuits, higher insurance costs, and less...
BOPping in on employment practices liability insurance
Jan 7 2007 // It’s the ogre hiding under the bridge. And a hungry ogre at that. The owners of many small- to mid-sized companies hope to tip-toe by without incident, but there is no ignoring the potential for trouble. The number...
Fugitive Minister, Damaging Adjustor Among Pa.’s Top Fraudsters in 2006
Jan 5 2007 // Imagine public adjustor being caught red-handed on an insurance agent’s digital camera causing damage to a home that was supposedly a result of a storm. This scenario involves just one of the criminals highlighted on...
St. Paul Travelers Agrees to Halt All Contingent Commissions
Jan 4 2007 // The St. Paul Travelers insurance company has agreed to stop paying “contingent commissions” to brokers and agents, according to Connecticut Attorney General Richard Blumenthal. In August, St. Paul Travelers,...
USRisk Brokers Launches Parking and Valet Operators Program
Jan 4 2007 // USRisk Brokers, a subsidiary of U.S. Risk Insurance Group (www.usrisk.com), has introduced a new Parking and Valet Operators Program designed for businesses engaged in operations related to parking customers’ cars,...
Employers Adds Agent Incentives for Pharmacy Workers’ Comp Program
Jan 4 2007 // Reno, Nev.-based Employers has enhanced its workers’ compensation insurance program for California’s independent pharmacies. According to the company, independent pharmacies engage in many unique patient...
In Memoriam: Arizona’s Paul H. Jones, “Mr. Insurance of Arizona,” Dies
Jan 4 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, attended public school in Pomona, Calif., and subsequently moved to Arizona. He...
Agents, Brokers Set 2007 Legislative Priorities
Jan 3 2007 // The Independent Insurance Agents & Brokers of America (the Big “I”) will again confront a number of legislative issues important to agents and brokers at both the state and federal levels in 2007,...
Commercial Insurance Directory Goes National
Jan 3 2007 // InsureMyWork.com, an informational website about commercial insurance, started an online directory of business insurance agents two months ago. The directory started in California and is now open to all 50 states. Media,...
Texas Agent Replaces Gecko Ads with ‘The Middle Man’ Campaign
Jan 3 2007 // The Al versus The Gecko ad campaign has been replaced by “The Middle Man.” According to Al Boenker, CEO of Al Boenker Insurance Agency in North Texas, the term middle man has long been a negative in American...
IBA West Files Reply Brief with Calif. Office of Administrative Law
Jan 3 2007 // Insurance Brokers and Agents of the West (IBA West) submitted a reply brief on Dec. 21 to the California Office of Administrative Law, as a follow up to an earlier petition filed in September protesting then Commissioner...
Strategic Independent Agents Alliance Forms Illinois Master Agency
Jan 3 2007 // Strategic Independent Agents Alliance (SIAA) recently announced that Total Insurance Services of Northbrook, Ill. has established Northern Illinois Strategic Insurance Alliance as SIAA’s newest master agency. The new...
MetLife Pays $19 Million to Settle Spitzer Investigation
Jan 2 2007 // MetLife Inc., the largest group life insurer in the nation, will pay $19 million and change some of its business practices to end an investigation of payments made to brokers to steer clients its way, Attorney General...
Ind. Commissioner Revokes License When Agent Gambles Away Premiums
Jan 2 2007 // An insurance agent will lose her license after state officials said she spent customers’ money on gambling and clothing instead of using it to pay their premiums. Investigators said Daneile Frydrych, owner of All...
