Latest Agencies Headlines

Acordia Acquires Calif. Broker Brodie

Apr 18 2006 //

Philly Insurance Agent Wins Seat in Italy’s Parliament

Apr 17 2006 // A Philadelphia insurance agent and a Chicago bakery owner, both newly elected to Italy’s parliament, say Italians living abroad should gain new recognition now that they for the first time have their own...

Western Security Surplus Adds March as Broker

Apr 17 2006 // Western Security Surplus Insurance Brokers Inc., Pasadena, Calif., has added Tony March to its underwriting staff as broker. March began his insurance career in 1988 at The Sullivan Group in Seattle as junior underwriter...

E.L.M. Insurance Brokers Offers New Broker E&O Market

Apr 17 2006 // Effective April 1, 2006, E.L.M Insurance Brokers, El Segundo, Calif., has a new admitted professional liability program for insurance brokers’ errors and omissions. The new market, PACO Assurance Co., has an...

Dade County Agents Sponsoring Flood Insurance Course

Apr 17 2006 // The Independent Insurance Agents of Dade County will sponsor a three-hour continuing education course on “The Reality of Flood Insurance,” May 17 at the Sheraton Miami Mart Hotel in Miami. Instructor Shawn...

People

Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...

Not all agents oppose an optional federal charter

Apr 17 2006 // The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not...

Acquiring minds want to know how even smaller firms can buy agencies

Apr 17 2006 // Small to mid-sized retail independent insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs—those big dogs being the banks, the large public...

Deadly storms hit Midwest again in new round of spring tornadoes

Apr 17 2006 // The new round of tornadoes hit the Midwest less than one month after a similar grouping of twisters, high winds and damage hit a five-state area on March 12. News Currents Another round of deadly storms hit the Midwest...

Apr 17 2006 // People Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance...

Technology

Apr 17 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...

Agents: Optional Federal Charter Dual Structure

Apr 17 2006 // Optional federal chartering, federal regulation and the creation of a new federal bureaucracy go too far, the equivalent of throwing the baby out with the bath water. The Independent Insurance Agents & Brokers of...

Mergers and Acquisitions

Apr 17 2006 // Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs-those big dogs being the banks, the large public brokers and the regional...

10 Deadly storms hit Midwest again in new round of tornadoes

Apr 17 2006 // Claim counts include March and April storms N1 U.S. tort costs reach a record $260 billion, study reports Cost exceeds other countries’ by large margin N1 Private companies at increased risk of liability...

FAIA briefs agents about Florida bills, holds meetings with legislators

Apr 17 2006 // More than 120 of Florida’s independent agents who attended the March 29 and 30 Florida Independent Insurance Agents Legislative “Fly-In” heard Skip Long, Scott Johnson, Laura Pearce and Kyle Ulrich...

News Currents

Apr 17 2006 // AG McMaster appeals to S.C. Big ‘I’ members to help fight fraud Law enforcement has its hands full, AG asks agents to help provide evidence An appeal for independent insurance agencies to help law enforcement...

Safeco weighs Internet sales of auto insurance

Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business on the Internet to reach additional consumers that don’t like to deal with a middle-man and...

Safeco weighs Internet sales of auto insurance

Apr 17 2006 // Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that don’t like to deal with a middle-man and...

Closer Look: Premium Funds Financial Management

Apr 17 2006 // Insurance agencies have millions of dollars in transit through their trust bank accounts. How should agencies manage premium dollars? Unlike other sales and service companies, independent insurance agencies have a...

Debra Bowers

Apr 17 2006 // People Conroe, Texas-based managing general agency and wholesale insurance broker Surplus Inc. announced key promotions within its management team. Debra Bowers was promoted to executive vice president. Bowers has 25 years...