Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
House Passes Surplus Lines Regulatory Reform Legislation
Sep 27 2006 // The U.S. House of Representatives passed legislation that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace. H.R. 5637, The Non-Admitted and Reinsurance...
Zaiger Heads Hanover’s Agent Council
Sep 27 2006 // The Hanover Insurance Group, Inc. has selected Ron Zaiger as chairperson for the company’s National Agents Advisory Council. Zaiger will chair NAAC meetings throughout the year. The independent agents who serve on...
Industry to Congress: Permanent Solution to Terrorism Insurance Vital
Sep 27 2006 // Insurers, agents and business groups called on Congress to create a permanent solution safeguarding the economy against future terrorist attacks at congressional hearing today, “Protecting Americans from Catastrophic...
Nigohosian Joins Western Insurance Agents Association’s Team
Sep 26 2006 // The Board of Directors of the Western Insurance Agents Association announced that Ken Nigohosian has joined its management team. Nigohosian brings more than a quarter of a century of insurance industry experience to the...
India’s 3i Infotech Launches Internet Broker Platform
Sep 26 2006 // India’s 3i Infotech, a provider of IT solutions, announced the launch of Premia Insurance Broking eXchange (IBX), which it described as “a subscription based Internet solution for the Indian insurance...
Fla. Officials Arrest Mother and Son Title Insurance Agents
Sep 26 2006 // Two title insurance agents who allegedly tried to hide more than $1.2 million in financial transactions in order to fund personal purchases of homes, property and a boat were arrested last week in Lehigh Acres, Fla.,...
Susan Voss, Iowa, Commissioner of Insurance
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...
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...
