Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Target Markets Program Administrators Honors 3 Agencies for Best Practices

Nov 14 2006 // The Target Markets Program Administrators Association (TMPAA) awarded three member agencies the association’s Best Practice Designation at its recent Annual Summit in Tempe, Arizona. Receiving the Designation Awards...

Berkshire Hills Bank Buys 5 Western Mass. Agencies

Nov 11 2006 // Berkshire Hills Bancorp, Inc., the holding company for Berkshire Bank, completed its acquisition of five Western Masssachusetts insurance agencies on Oct. 31, 2006. The agencies acquired by the company’s wholly-owned...

Get that Binding Check Instantly, by Phone, by Fax, or the Internet!

Nov 10 2006 // Online Check System Used by numerous government agencies, small and large businesses and hundreds of independent insurance agents has just been upgraded. Although the ability to accept checks by phone, fax, or the Internet...

Indiana Insurance Adds Enhanced Technology for Personal Lines

Nov 10 2006 // Indiana Insurance, a member of Liberty Mutual Group, has added real-time policy inquiry, endorsement quoting, and electronic endorsement submissions to the roster of functions available through Personal IQ, the...

Washington Commissioner Revokes Bellevue Agency License

Nov 10 2006 // Washington Insurance Commissioner Mike Kreidler has revoked the license of a Bellevue-based general insurance agency for improperly transferring and using trust funds belonging to insurers, clients and others. The...

Industry Expects New Commissioners in Mass., Md., N.Y.

Nov 9 2006 // Newly-elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although the identity of any successors is unknown at this time, according to insurance...

Okla. Insurance Agent Charged with Pocketing Premiums

Nov 9 2006 // The owner of a Locust Grove, Okla., insurance agency was accused of illegally taking almost $6,500 in insurance premium payments, Oklahoma Attorney General Drew Edmondson said. Leslie Lewis Kern was charged Nov. 2 in Mayes...

San Antonio Agents Install New Officers

Nov 9 2006 // Brett Morgan was recently installed as the 85th president of the Independent Insurance Agents of San Antonio (IIASA). Morgan is senior vice president, Business Insurance and Employee Benefits, for SWBC Insurance...

Agents’ Favorite Sink Sinks Lee in Florida CFO Contest

Nov 9 2006 // With a victory in the race for Florida’s Chief Financial Officer, banker and business leader Alex Sink, a Democrat, will take on multiple tasks within the Florida State Cabinet, not the least of which is oversight of...

America First Insurance Adds Real-Time Endorsement, Inquiry Functions for Personal Lines

Nov 9 2006 // Dallas-based America First Insurance, a member of Liberty Mutual Group, has added real-time policy inquiry, endorsement quoting, and electronic endorsement submissions to the roster of functions available through Personal...

Three More Charged in La. AG’s Crackdown on Contractor Fraud

Nov 9 2006 // Louisiana Attorney General Charles C. Foti, Jr., recently announced that three more individuals have been arrested on charges of theft related to contractor fraud. On Oct. 23, 2006, Richard Eric Williford was arrested by...

Lame Duck Romney Team Proceeds with Mass. Auto Changes

Nov 9 2006 // Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she...

Laptop Stolen from Broker Has Villanova Insured Driver Data

Nov 8 2006 // A laptop computer stolen from an insurance brokerage firm contained the names, birth dates and driver’s license numbers of more than 1,200 Villanova University students and staff members, the school said Thursday. No...

Zurich Launches Global Underwriting for Multinational Products

Nov 7 2006 // Zurich Financial Services Group has announced the launch of an innovative approach to multinational insurance coverage, which it described as incorporating “all foreign premium tax and licensing obligations into a...

Colorado Casualty Adds Real-Time Functions for Agents

Nov 7 2006 // Colorado Casualty, a member of Liberty Mutual Group based in Denver, has added real-time policy inquiry, endorsement quoting, and electronic endorsement submissions to the roster of functions available through Personal IQ,...

Flying solo now, former Zurich executive ‘gooses ‘ agents

Nov 6 2006 // A retired insurance industry executive turned turbo-charged motivational speaker told a group of independent insurance agents that they are the greediest people he has ever met. Ray Thomas, a former Zurich North America...

IIABA president: contingency commission crisis threatens agents

Nov 6 2006 // For a small to mid-size independent insurance agency, contingency commissions can determine whether the business survives, according to many in the industry. That explains why Alex Soto, a Miami agent who is also president...

E. coli expedites need for recall and business interruption coverage

Nov 6 2006 // On Sept. 13, epidemiologists in New Mexico, Wisconsin and Oregon began discussing a cluster of E. coli infections and warned the Centers for Disease Control and Prevention that they suspected fresh-bagged spinach as the...

The virtual, global economy humbles insurance leaders

Nov 6 2006 // Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of risks ahead and given the...

Survey: Commercial market softens, insurer appetite increases

Nov 6 2006 // The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the...