Latest Agencies Headlines

Both employers and employees benefit from investment in learning

Sep 25 2006 // Insurance is one of the fastest changing, most regulated industries in America. That very nature insists that those who want to excel in their current responsibilities and pursue their career goals must include education...

Private equity risk: Protecting human capital

Sep 25 2006 // Insurance professionals — brokers, agents and consultants — are faced with increasing demand for their knowledge and expertise in advising venture capital and private equity firms. Venture capital, or VC, is...

Iowa’s open dialogue and stable environment a ‘draw’ for insurers

Sep 25 2006 // Iowa is perceived by other states as a model in terms of the number of companies domiciled in the state and those wanting to do business there, as well as having a very stable legislative and regulatory environment. But...

When insuring international trade, expect the world

Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...

Agents signing up for Florida’s new small business JUA

Sep 25 2006 // Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. More than 60 agents had signed up online for the program within hours of the official signing of a...

Understanding D&O risks, exposures and insurance options

Sep 25 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...

Survey: young agents value rates, technology, products from insurers

Sep 25 2006 // The five most important things carriers can offer independent insurance agencies are: competitive rates; technology that helps them more easily write business and service customers; a variety of markets and products;...

Agency growth and performance study reveals higher productivity

Sep 25 2006 // The latest edition of the Growth and Performance Standards (GPS) study by the Austin, Texas-based National Alliance Research Academy has just been released, giving the insurance industry some new benchmarks for comparing...

STATES TRY TO STRENGTHEN FLOOD INSURANCE TRAINING FOR AGENTS

Sep 25 2006 // The National Association of Insurance Commissioners has adopted a model bulletin regarding training requirements for insurance producers who offer policies through the National Flood Insurance Program. This effort relates...

Sep 25 2006 // People Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider assuming the office of...

Texas agents urge legislators to address windstorm problems

Sep 25 2006 // The Texas Legislature’s Texas Joint Committee on Wind-storm Coverage and Budgetary Impact held a public hearing in Corpus Christi in late August, and two of the state’s agent associations–the Independent...

Aon freed to accept contingent pay when serving as managing general agents

Sep 25 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...

Sep 25 2006 // People San Antonio, Texas-based Southwest Business Corporation announced that Nick Grant has joined SWBC as the chief executive officer of the Property and Casualty Division in the San Antonio office. Grant is responsible...

Both employers and employees benefit from investment in learning

Sep 25 2006 // Insurance is one of the fastest changing, most regulated industries in America. That very nature insists that those who want to excel in their current responsibilities and pursue their career goals must include education...

Virginia broker goes green: first ‘carbon neutral footprint’

Sep 25 2006 // Rutherfoord, a Roanoke, Va., insurance broker, says it is committed to reducing its greenhouse gas emissions and has become the first in the U.S. insurance industry to establish a carbon neutral footprint in response to...

News Currents

Sep 25 2006 // Agency growth and performance study reveals higher productivity The latest edition of the Growth and Performance Standards (GPS) study by the Austin, Texas-based National Alliance Research Academy has just been released,...

When insuring international trade, expect the world

Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...

People

Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...

Western Security Offers Market, 17.5 Percent Commission

Sep 25 2006 // Pasadena, Calif.-based Western Security Surplus Insurance Brokers Inc. has added a new admitted market for California agents and brokers, and has raised its commission 17.5 percent on all accounts bound with Great Divide...

Advisory Group Expands Valuation Service for Agents, Insurers

Sep 22 2006 // Wheaton, Ill.-based The American Association of Insurance Services (AAIS) announced this week that it is expanding the availability of property valuation services provided by e2Value, Inc. to insurers that use the...