Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Legal and effective incentive compensation still under fire
Jun 5 2006 // There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually...
People
Jun 5 2006 // Boston-based insurance broker William Gallagher Associates has promoted Mary McMahon-Burke, Brian Kelleher and Diane Bradley to vice president. McMahon-Burke has 25 years experience in the insurance industry, and provides...
People
Jun 5 2006 // Zurich announced that Oliver Ade has been named regional executive for the company’s North Central Region. Ade will be responsible for all business operations within the region, including profit-and-loss objectives,...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
Legal and effective incentive compensation still under fire
Jun 5 2006 // There is a critical need to preserve the right of insurance companies to determine how best to compensate the insurance agents and brokers who sell their products. In this regard, the insurance industry is like virtually...
People
Jun 5 2006 // Oklahoma City-based managing general underwriter and third party administrator Midlands Management Corporation appointed Pamela McMillan Eyerly to the position of vice president of Human Resources. She will manage...
Safeco adds online distribution strategy to sell direct to consumers
Jun 5 2006 // Seattle-based Safeco Insur-ance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. Safeco began exploring this new...
Arthur J. Gallagher lacked authority to issue additional endorsements
Jun 5 2006 // A California court has found Arthur J. Gallagher had no authority to issue additional insured endorsements in a high-exposure construction defect litigation. The court ruled California law prohibits the issuance of...
People
Jun 5 2006 // Marsh & McLennan Co. Inc. named Stephen R. Hardis non-executive chairman of the board at its annual shareholder meeting. Hardis succeeds Robert F. Erburu, who is retiring from the board after reaching the...
Ex-Tyco CEO Kozlowski Seeks Insurance Broker’s Documents
Jun 4 2006 // Former Tyco CEO L. Dennis Kozlowski is asking a court to force a Bermuda insurance broker to hand over documents related to whether an insurer must pay his legal bills of almost $17.8 million (euro14 million). In papers...
Fries to be Honored by N.Y. Agents
Jun 2 2006 // The Professional Insurance Agents of New York Inc. announced that Stuart Fries, vice president of Garber Atlas Fries & Associates Inc. in Oceanside, N.Y., will receive the Professional Agent of the Year award at the...
Gov. Rell Orders Conn. Agencies to Organize Hurricane Training
Jun 2 2006 // Rell directs agencies to prepare for possible hurricane Received by Newsfinder from AP Connecticut Gov. M. Jodi Rell has directed state agencies to organize training sessions and exercises to prepare for the possibility of...
Professional Insurance Agents of Washington/Alaska Elects Officers
Jun 2 2006 // The Professional Insurance Agents of Washington/Alaska (PIA) recently held its 40th Annual Conference and Trade Show. Association members elected new officers and a board of directors. The new officers include:...
June 5 Funeral Services in Miami, Fla. for Phil C. Gallagher, 79
Jun 2 2006 // Phil C. Gallagher, a long-time Florida insurance agent, litigation consultant and expert witness passed away peacefully in Miami June 1. Gallagher, 79, was surrounded by his family at the time of his death. Phil was a...
Infinity Insurance Companies Seeks Applications for Confianza Award
Jun 1 2006 // Infinity Insurance Companies is accepting applications for its second annual Confianza Award to recognize independent brokers and agents in California for the commitment the communities they serve. The award allows...
CAT Response Vehicle Outfitted to Speed Help to Agents
Jun 1 2006 // A new, state-of-the-art catastrophe response vehicle designed to arrive on disaster scenes within 24 hours of a storm and give agents immediate access to customer records and policies so that the claims process can begin,...
Reinsurance Broker Holborn Makes Exec Changes, Adds New Hires
May 31 2006 // Holborn Corporation, an independent provider of reinsurance brokerage services based in New York City, announced a number of new hires and executive level changes to key positions within the firm. The responsibilities of...
California Considering New Mileage Verification Rules
May 31 2006 // Insurance brokers and agents could be required to verify odometer readings for new and renewal automobile insurance policies under amendments the California Department of Insurance (CDI) has proposed to its personal...
Ohio State Law Backs Health Insurance Groups’ Silence on Probe, Settlement
May 31 2006 // Details about allegations that two of Ohio’s largest health insurers paid independent agents to steer government entities to their plans cannot legally be released even though the companies have paid settlements to...
Aon Corp. Responds to U.S. Treasury’s Request for Comment on Future of Terrorism Act
May 31 2006 // Chicago-based Aon Corp. has responded to the U.S. Treasury’s request for comment on the state of the U.S. terrorism insurance marketplace, warning of the danger of allowing the Terrorism Risk Insurance Act of 2002...
