Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Fraud

May 22 2006 // S. Fla. agent sold ‘bogus’ policies The license of South Florida insurance agent, Gordon Arthur Esses of Aventura, Fla. has had his license revoked for selling “bogus” policies. According to Tom...

Investor insights

May 22 2006 // Today, it’s not a fun time to be an insurance investor or analyst,” said Ray Joseph, vice president of Los Angeles-based Capital Research Co. Joseph should know; he is an investment analyst with research...

Maximizing your agency’s ROI — Return on internet

May 22 2006 // Is your insurance agency investing in web initiatives? If so, you are in the minority. While many independent insurance agents have a virtual presence on their insurance carrier sites, most independent insurance agencies...

SullivanCurtisMonroe CEO says growth, profit and fun equal success

May 22 2006 // Best Practices is a new Insurance Journal column that profiles how some of the nation’s top performing agencies run their operations. IJ’s Publisher Mark Wells recently interviewed William Curtis, managing...

Harnessing technology in the London insurance market

May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...

U.S. insurers withstood record catastrophe losses in 2005

May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...

Insurance programs meet computer programs

May 22 2006 // Like so many other areas of life, the Internet changed the exposures involved in affinity group programs. In fact, e-commerce and e-mail have taken some of the affinity out of affinity groups. When I first started...

Safeco adds online distribution strategy to sell direct to consumers

May 22 2006 // Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. The company began exploring this new...

News Currents

May 22 2006 // Safeco adds online distribution strategy to sell direct to consumers Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent...

Coverage issues at core of Hurricane Katrina-related litigation

May 22 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...

Technology can help agents boost sales and more

May 22 2006 // Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic...

Insurance programs meet computer programs

May 22 2006 // Like so many other areas of life, the Internet changed the exposures involved in affinity group programs. In fact, e-commerce and e-mail have taken some of the affinity out of affinity groups. When I first started...

PIA of Florida alerts members about Poe Financial

May 22 2006 // The Professional Insurance Agents of Florida has issued an alert to its members about Southern Family Insurance, a subsidiary of Poe Financial Group and its subsidiaries, Atlantic Preferred and Florida...

Hurricane winds could be felt in professional liability markets

May 22 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...

AGENTS HAIL PASSAGE OF TAX LEGISLATION

May 22 2006 // The Senate has passed a conference report on the bill, the Tax Increase Prevention and Reconciliation Act, last month on the heels of House passage a day earlier. The tax-cut bill, supported by independent insurance agents...

People

May 22 2006 // Willis Group Holdings, the global insurance broker, has named Don Bailey as chief operating officer of the company’s North American business unit. In this capacity, Bailey will work with Mario Vitale, CEO of Willis...

Young agent ‘tricks and treats’

May 22 2006 // Like many of you, I started my insurance career with an empty desk and a phone. Over the years, I have learned some tips or “tricks” that I have used effectively to generate sales. Cold calling was the first...

Insurance programs meet computer programs

May 22 2006 // Like so many other areas of life, the Internet changed the exposures involved in affinity group programs. In fact, e-commerce and e-mail have taken some of the affinity out of affinity groups. When I first started...

Hurricane winds could be felt in professional liability markets

May 22 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...

Technology can help agents boost sales and more

May 22 2006 // Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic...