Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Conn. Agents: Coastal Markets Tough But Insureds Getting Coverage
Sep 22 2006 // About three-quarters of the 21 agents writing Connecticut coastal business say homeowners insurance markets are either “worse” (43 percent) or “much worse” (33 percent) compared to one year...
MGAs Urge Congress to Pass Surplus Lines Reform Bill
Sep 22 2006 // The American Association of Managing General Agents is asking Congressman John A. Boehner, R-Ohio, and Congressman John Conyers, D-Mich., to place the Non-Admitted & Reinsurance Reform Act of 2006, HR 5637, on the...
Wolf Professional Risk Enters Professional Liability Market
Sep 21 2006 // Tampa, Fla.-based Wolf Professional Risk Inc., a wholesale brokerage firm, will begin offering services within the professional liability marketplace. The firm will initially focus on products that provide coverage for...
UK’s FSA Warns on Sales of Invalid Auto Policies
Sep 21 2006 // The UK’s Financial Services Authority has issued a bulletin, urging consumers “that have bought motor insurance from a company called Double Easy Brokers Ltd. (trading as Eeasybrokers) to arrange valid motor...
PIANY Elects Oneida Agent Dickson as President
Sep 21 2006 // The Professional Insurance Agents of New York State Inc. has been elected officers for the 2006-2007 administrative year. David Dickson of Fairport, N.Y. was elected president. He is a member of Bailey, Haskell and LaLonde...
Lloyd’s Implements Xchanging Claims Handling System
Sep 20 2006 // In what it called “a good step towards eradicating paper in the market,” Lloyd’s announced the implementation of “an electronic filing cabinet,” which has been launched “for handling...
Evans to Lead Big ‘I’ Trusted Choice
Sep 20 2006 // Dave Evans has been named the new executive director of the Independent Insurance Agents & Brokers of America’s Trusted Choice, the association’s consumer marketing identity for nearly independent...
Agents Take Aim at Zurich Compensation, Disclosure Settlement
Sep 20 2006 // An association for independent insurance agents has urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the original...
Former Beverly Hills Agents Sentenced for Felony Grand Theft
Sep 19 2006 // A former Beverly Hills, Calif., insurance broker pled guilty to one count of felony grand theft after an investigation by the California Department of Insurance’s (CDI) Investigation Division. Gregory Starrett...
N.J.’s National Atlantic, Commerce Group of Mass. in Talks
Sep 19 2006 // New Jersey property casualty insurer National Atlantic Holdings Company has confirmed that it is engaged in preliminary discussions regarding potential transactions with The Commerce Group, Inc. of Webster, Mass. The...
N.D. Insurance Agent Ordered to Stop Selling Promissory Notes
Sep 18 2006 // A North Dakota insurance agent has been ordered to stop selling promissory notes or other securities after he failed to repay investors, the state securities commissioner says. Securities Commissioner Karen Tyler issued...
Agency Management Resource Group Hosts Agribusiness Conference
Sep 18 2006 // Agency Management Resource Group is hosting its first annual Agribusiness Conference at Lake Shastina Golf Resort in Northern California. The event will be held on Thursday, Oct. 5 and Friday, Oct. 6, 2006, from 8 a.m. to...
Florida’s Commercial JUA Now Open for Small Business Risks
Sep 18 2006 // Originally slated for a Sept. 1 start date, Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. A signing event took place midday on Sept. 15 and by...
Eaton Professional Names Aldana Assistant Broker
Sep 15 2006 // Eaton Professional Insurance Services, Tustin, Calif., has named Vicente Aldana assistant broker. He has four years of experience in the insurance industry. His responsibilities will include servicing the business in the...
Former N.D. Agent Convicted of Fraud Loses Another Appeal
Sep 14 2006 // A Wimbledon, N.D. farmer and insurance agent, convicted in what was described as the largest farm fraud case in North Dakota history has lost another appeal. The 8th U.S. Circuit Court of Appeals also has rejected the...
Brokers Reject Deal in Ohio Scandal
Sep 14 2006 // The Ohio state insurance fund for injured workers continued efforts to reduce soaring medical costs this week, meeting with companies the agency says must brace for lower payments for managing medical claims. Payments to...
AMS 360 v2.0 Delivers Increased Productivity and Streamlined Connectivity
Sep 14 2006 // Innovative Agency Management System Achieves Wide Industry Adoption Bothell, Wash. – AMS Services, a leading provider of software solutions for the insurance industry, today announced the general availability of AMS...
Mich. Agents Name New President
Sep 14 2006 // Rob Umstead of the Steenland Insurance Agency in Grand Rapids has been named president of the Michigan Association of Insurance Agents (MAIA). As president, Umstead will work with the MAIA Board of Directors and staff to...
Preferred Employers Insurance Joins Trusted Choice Network
Sep 14 2006 // Preferred Employers Insurance Co., a key California workers’ compensation insurer, has joined the Trusted Choice program. “We believe it is very important for consumers in California and across the country to...
Agency Growth and Performance Study Reveals Higher Productivity
Sep 13 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...