Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Oregon Seeks to Revoke Agent’s License for Fraud
Sep 13 2006 // The Oregon Department of Consumer & Business Services (DCBS) is proposing to revoke the insurance agent’s license of a Lane County funeral home owner for allegedly filing false insurance claims. Carolyn R....
Yates & Associates Names Vo Underwriter/Broker
Sep 12 2006 // Yates & Associates, Santa Ana, Calif., has appointed Lani Vo underwriter/broker. Vo began her insurance career in 1984 with Reliance Insurance Co. After working as an underwriter assistant at AIG, she moved to...
Roseville Broker Arrested for Grand Theft, Forgery and Insurance Fraud
Sep 12 2006 // California Insurance Commissioner John Garamendi announced the arrest of insurance broker Mindy Elizabeth Latorre, 34, of Lincoln, Calif., for 58 felony counts of grand theft, forgery and insurance fraud. She was booked at...
Western Agents Upset Brokers Working Against Compensation Agreements
Sep 12 2006 // Reacting to an investors’ conference last week at Keefe, Bruyette & Woods in New York, the Western Insurance Agents Assocation issued a release indicating it is upset that brokers and insurers who broke the law...
States Look to Strengthen Flood Insurance Training for Agents
Sep 12 2006 // The National Association of Insurance Commissioners (NAIC) has adopted a model bulletin regarding training requirements for insurance producers who offer policies through the National Flood Insurance Program (NFIP). This...
RI3K’s New ‘V3’ Trading System Promises Revolution in Processing
Sep 11 2006 // London-based RI3K announced a new innovative processing system for Lloyd’s and the London market that could revolutionize the way policies are produced. The new “V3” system replaces RI3K’s current...
Miami Agent Soto Sworn in as National Big ‘I’ President
Sep 11 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...
Minn. Old Republic Acquires Troon Management Corp, Sentry
Sep 8 2006 // Rande Yeager, president and CEO of Old Republic National Title Insurance Company, headquartered in Minneapolis, Minn., has announced the acquisition by Old Republic National Title Holding Company of Troon Management Corp....
BISYS Acquires JCH Insurance Brokers
Sep 8 2006 // BISYS Commercial Insurance Services, a provider of commercial property and casualty insurance solutions, today announced its acquisition of JCH Environmental Insurance Brokers, the environmental practice of JCH Insurance...
Shutter Diplomacy: Conn. Regulator Plans Coastal Insurance Forum
Sep 7 2006 // Connecticut Insurance Commissioner Susan Cogswell plans a public forum on Sept. 21 to air concerns over availability of property insurance in the state’s coastal areas. The forum is being called following reports of...
Aon Freed to Accept Contingent Pay When Serving as MGA
Sep 7 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...
Texas Agent Group to Sponsor CPIA Designation Program
Sep 6 2006 // The American Insurance Marketing and Sales (AIMS) Society welcomed the Texas Insurance Professionals/Professional Insurance Agents of Texas as a sponsor of the Certified Professional Insurance Agent professional...
Trusted Choice to Run National TV Ads
Sep 6 2006 // Trusted Choice will run TV commercials commencing in September and running for the next 12 months. Trusted Choice says the ads will give participating agencies the opportunity to maximize their exposure by running local...
Colemont Insurance Brokers Opens Phoenix Office
Sep 6 2006 // Colemont Insurance Brokers has opened a new office in Phoenix. Marc Adler and Tim Downey, two experienced brokers, have joined the company to manage the new office and to serve as senior vice presidents. “Our new...
Texas Regulators Announce July 2006 Enforcement Actions
Sep 5 2006 // The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include 24 license revocations, one license denial and fines and...
Va. Insurance Broker’s Big Step: First ‘Carbon Neutral Footprint’
Sep 5 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 the...
USI Holdings Buys Leader Associates and Emerson Reid, N.Y.-N.J. Agencies
Sep 5 2006 // USI Holdings Corporation has acquired Melville, N.Y.-based Leader Associates. The acquisition is expected to contribute approximately $9 million in revenue to USI on an annual basis. Terms of the transaction were not...
The Mass. liquor JUA serves up misleading market information
Sep 4 2006 // As a managing general agent for liquor liability insurance for over 20 years, I took great interest in a recent article in Insurance Journal titled, “Raising the bar on liquor liability training.” (See...
What the West Coast can learn from the Gulf Coast
Sep 4 2006 // One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled. Insurance companies have paid billions in storm damage claims, and the vast majority of...
News Currents
Sep 4 2006 // News Currents One year later: Gulf Coast agents & Katrina recovery How 3 Mississippi Gulf Coast agents, their families and communities are progressing Last October, Insurance Journal spent two days in Mississippi...
