Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Top 10 goals for agents to make ASAP
Oct 9 2006 // The year is winding down and it is time to focus on goals for next year. The easy route is to take the current results and add X% for growth and improve results by Y%. A few other ideas might also creep in the plan for...
The Future for Agents’ E&O
Oct 9 2006 // David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next year. Duncan started his...
Former HRH Exec Building Brokerage Firm; Starts with N.Y.’s Genatt
Oct 6 2006 // Robert Lockhart, former president and chief operating officer of Hilb, Rogal & Hobbs, has launched Kinloch Holdings, Inc. – a newly formed insurance brokerage holding company that will focus on insurance and...
Ohio Former Agent Pleads Guilty to $70,000 Senior Insurance Scam
Oct 6 2006 // The Ohio Department of Insurance announced that its investigation has led to the guilty plea of former insurance agent James Moneypenny of Seville, Ohio. Moneypenny, who pleaded guilty to insurance fraud, money laundering...
Lloyd’s Updating Rules for ‘Names’
Oct 5 2006 // Until 1994, i.e. for over 300 years, “Names,” or individual wealthy investors were Lloyd’s source of capital to back its underwriting syndicates. The introduction of corporate capital changed that...
Ohio Agencies Owe Workers’ Comp Fund $46 Million, Director Says
Oct 5 2006 // Ohio agencies owe the state insurance fund for injured workers $46 million in medical management fees that the agencies weren’t charged for over several years, according to the fund’s director. William Mabe,...
Five Arrested for Theft Related to Contractor Fraud in La.
Oct 5 2006 // Louisiana Attorney General Charles C. Foti, Jr., announced that his Special Agents made arrests for theft of funds related to alleged contractor fraud in the New Orleans area following Hurricane Katrina. On Sept. 25, 2006,...
FSA Head Warns U.K. Brokers on Commission Disclosure
Oct 4 2006 // John Tiner, the head of the U.K.’s Financial Services Authority, warned U.K. brokers that, unless the market comes up with a solution on the issue of disclosing brokers’ commissions, the FSA would be...
MHBT Partner Named President-Elect of Dallas Independent Agent Group
Oct 4 2006 // Privately owned insurance and risk management firm, McQueary Henry Bowles Troy L.L.P. (MHBT), announced that Pat Arthur, a partner in the firm, has been appointed to serve as president-elect of the board of directors for...
Second Association Joins in Fight Against Garamendi Regulations
Oct 4 2006 // The Alliance of Insurance Agents and Brokers, La Verne, Calif., is drafting a letter to the California Office of Administrative Law in support of the recent petition by IBA West over the Insurance Commissioner’s...
WSS Adds Capacity for Wind, Hail Coverage in Texas
Oct 3 2006 // Kyle Stevens, executive vice president, announced that Western Security Surplus has increased capacity to write property coverage, including wind and hail, in Harris County, Texas. Now agents and brokers in Harris County...
AMS Users Gain Access to ChoicePoint; AMS Also Buys Priority Data Systems
Oct 2 2006 // Insurance and credit data supplier ChoicePoint said its signing of a strategic alliance agreement with insurance technology firm AMS Services will extend ChoicePoint’s capabilities for data sales to thousands of...
Indiana Insurance Honored at Applied Systems Conference
Oct 2 2006 // Indiana Insurance is among the Liberty Mutual Agency Markets regional companies whose achievements in advancing interface technology were honored recently by Applied Systems and its client network, ASCnet, at the 2006...
Brown & Brown Grows Wholesale: Hull Buys DVUA; PRU Acquires Apex
Oct 1 2006 // Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program Management Services Inc., has acquired the assets of a key wholesaler located in the...
Enriquez Joins Swett & Crawford in Fla.
Sep 29 2006 // Vivian Enriquez has brought her skills in developing programs and brokering multi-line property coverage to Swett & Crawford in Coral Gables, Fla. Before joining the Florida office she served as a broker for Allrisks...
N.J. Agents Oppose Surplus Lines Commission Disclosure Proposal
Sep 29 2006 // Agents in New Jersey are protesting a state proposal to require originating brokers making surplus lines placements to tell insureds they will receive a portion of the commission. The Professional Insurance Agents of New...
AGs File Motion Against Agents’ Amicus Opposing Zurich Settlements
Sep 29 2006 // The Attorneys General of 10 states have filed a motion with the U.S. District Court for the District of New Jersey opposing an amicus brief filed on Sept. 15, 2006, by the National Association of Professional Insurance...
California Association Launches Attack on Garamendi Regulations
Sep 29 2006 // California’s Insurance Brokers and Agents of the West (IBA West) has launched a legal attack on what it is calling California Insurance Commissioner John Garamendi’s attempt to illegally redefine agent and...
Professional Insurance Agents of Ohio Announce 2006 Award Winners
Sep 29 2006 // The Professional Insurance Agents Association of Ohio, Inc. (PIA) presented awards this week to several of its members. The awards were announced at the 2006 PIA Agency Management and Profitability Conference. PIA of Ohio...
Agents Name Fla.-based MacNeill Group MGA of the Year
Sep 28 2006 // The National Association of Professional Insurance Agents named MacNeill Group as the Managing General Agency of the Year at a luncheon in Savannah, Ga., earlier this month. MacNeill Group based in Sunrise, Fla., received...
