Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Taxi and limousine market catches a good fare with sound underwriting
May 8 2006 // Anyone who has been in a large city knows the importance of taxi and limousine services. Taxi drivers and chauffeurs help passengers get to and from their homes, workplaces, and recreational pursuits such as dining,...
Hurricane winds could be felt in professional liability markets
May 8 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...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, (the Big “I”) strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.)...
People
May 8 2006 // Rick Padula has been appointed president and chief operating officer of the Glover-Padula Insurance Agency in East Greenwich, R.I., which is one of Gencorp Insurance Group’s business units. Padula has been with...
News Currents
May 8 2006 // N.Y. agents see E&O trouble New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has...
People
May 8 2006 // Robert Fenley has joined Integro Insurance Brokerage as principal in their Chicago office. He will report to Nancy Aque, managing principal and head of the office. Fenley has 22 years of experience in the insurance and...
Products Liability = Risk Identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operational exposure, and insurance agents don’t understand it, and the public’s understanding is even more...
$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.
May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...
News Currents
May 8 2006 // Tornado ploughs across Tenn., Ky., resulting in thousands of claims In the aftermath of a large F-3 to F-4 tornado, thousands of carriers and insurance agents in northern Tennessee and southern Kentucky are paying...
Editor’s Note: Tornados foretell things to come
May 8 2006 // As emergency planners and hurricane experts from across the U.S. met in April to plan and prepare for the hurricane season, the timing couldn’t have been better, as massive twisters roared down “tornado...
Products liability = risk identification = Insurance 101
May 8 2006 // Basic insurance coverage salespersons don’t fully understand their products or completed operation exposure, and if agents don’t understand it, public understanding is even more limited. Insurance companies are...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.) and his colleague, Sen....
Hurricane winds could be felt in professional liability markets
May 8 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...
People
May 8 2006 // Andrew J. Valdivia has been elected president of White & Co. Insurance Inc., of Santa Monica, Calif., and will be responsible for property and casualty sales, account development and account management. Valdivia was...
News Currents
May 8 2006 // ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with...
Why agents oppose Sen. Sununu’s optional federal charter
May 8 2006 // The Independent Insurance Agents & Brokers of America, and New Hampshire, (the Big “I”) strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.)...
Founder of Calif.-based Bolton & Co. Passes Away
May 8 2006 // Dorance Dean Bolton, founder of Pasadena, Calif.-based Bolton & Company Insurance Brokers, passed away on April 21, 2006, at the age of 96. Bolton was a pioneer Southern California insurance broker and was a founding...
A young agent’s tricks and treats
May 8 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...
Liberty Mutual Opts to Fight, Not Settle, Charges Over Contingent Commissions, Account Steering
May 7 2006 // Unlike American International Group, Zurich, ACE and other insurers that have settled similar charges, Liberty Mutual Insurance Group has decided to fight allegations of anti-competitive practices that have been brought...
Agents’ Group Answers Nine Questions About Poe Financial, Its Subsidiaries
May 5 2006 // Nine questions and answers about the receivership and status of Poe Financial Corp.’s subsidiaries Southern Family and Atlantic Preferred have been provided to Professional Insurance Agents of Florida members who...
