Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
The Harford Saw Record First Quarter Net Income; Added 250 Agents
May 1 2006 // The Hartford Financial Services Group, Inc., out of Hartford, Conn., reported first quarter 2006 net income of $728 million, or $2.34 per diluted share. The Hartford’s core earnings in the first quarter of 2006 were...
Progressive Drives Commercial Auto Into North Carolina
May 1 2006 // The Progressive Group of Insurance Co.’s, the third largest auto insurance group in the country, is offering commercial auto insurance through Drive Insurance from Progressive local independent agents in North...
Ill. Mutual Hosts Disability Insurance Awareness Month in May
May 1 2006 // Peoria, Ill.-based Illinois Mutual, a provider of disability insurance, will hold its second annual Disability Insurance Awareness Month (DIAM) during May. DIAM is an event created by Illinois Mutual to help consumers and...
Texas DOI Lists March Enforcement Actions
May 1 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during March. The actions include five license revocations, three license denials and fines and...
Florida Group Alerts Members About Poe Financial’s Status
Apr 28 2006 // The Professional Insurance Agents of Florida has issued a member alert about Southern Family Insurance, a subsidiary of Poe Financial Group and its subsidiaries, Atlantic Preferred and Florida Preferred. “It’s...
Agent Group to Host President’s Roundtable and Golf Tournament on May 5
Apr 28 2006 // The Alliance of Insurance Agents of Texas announced its 7th Annual President’s Roundtable and Golf Tournament will take place in Dallas on May 5, 2006. The President’s Roundtable will include overviews and...
Founder of Calif.-based Bolton & Co., Dorance D. Bolton, Passes Away
Apr 28 2006 // Dorance Dean Bolton, founder of Pasadena, Calif.-based Bolton and 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...
Brooke Corp. Adds Mitch Holthus, Shawn Lowry to Board of Directors
Apr 28 2006 // Brooke Corporation, headquarted in Overland Park, Kansas, recently announced that Mitch Holthus and Shawn Lowry were elected to its board of directors at their annual meeting of shareholders. They become the seventh and...
Networked Insurance Agents Appoints Hood to Vice President of Placement
Apr 27 2006 // Grass Valley, Calif.-based Networked Insurance Agents, Account Placement organization, has appointed Steve Hood to vice president of placement. Prior to joining Networked, Hood spent 17 years at Chubb in a variety of key...
Fla. Insurance Council Describes Pending Legislation
Apr 27 2006 // The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of...
Texas Agent Group Announces Support for Governor’s Tax Plan
Apr 27 2006 // The Independent Insurance Agents of Texas, representing nearly 1,800 independent insurance agencies statewide, announced it has endorsed the Perry-Sharp tax relief and school finance plan. Tax reform and school financing...
Davis Joins Apollo Agencies as Commercial Lines Manager
Apr 26 2006 // Apollo Agencies Inc., a subsidiary of Kinecta Federal Credit Union based in Tustin, Calif., has named Yolanda Davis commercial lines manager. She will oversee client services and marketing as well as be responsible for...
InsurBanc to Offer Personal Banking Products
Apr 26 2006 // Farmington, Conn.-based InsurBanc, a federal savings bank exclusively serving insurance agents, brokers and their clients, has made plans to also offer its customers personal banking products including, mortgage programs,...
$80 Million Settlement Reached in Bid-rigging Case with Ill., Conn., N.Y.
Apr 26 2006 // Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced an $80 million settlement agreement with Bermuda-based holding company ACE,...
S. Fla. Agent Banned From Selling ‘Bogus’ Policies
Apr 26 2006 // The license of South Florida insurance agent Gordon Arthur Esses of Aventura, Fla. has been revoked for selling “bogus” policies and the agent has been banned from writing business in the state, according to...
U.S. Commercial Brokers Reiterate Call for Terrorism Backstop
Apr 25 2006 // The commercial insurance marketplace cannot effectively price and underwrite terrorism coverage because there still is no effective modeling, so any long-term solution to the terrorism risk coverage must involve the...
N.Y. Agents Disappointed with Zurich Commission Disclosure Plans
Apr 24 2006 // New York independent insurance agents are not too happy that Zurich Financial Services has decided to implement nationwide the stricter of two agency compensation disclosure policies it signed as part of recent settlements...
Zurich’s CEO Comments on Results, Future Plans at Annual Meeting
Apr 24 2006 // Zurich Financial Services’ Annual General Meeting, held April 20, evinced the considerable turn around in its fortunes under the direction of CEO James J. Schiro, who took over the faltering giant in May 2002. In his...
Conn. Health Management Firm Repays Alleged Rebates; No Fines
Apr 24 2006 // An Avon, Conn. obstetrician and gynecologist management company subpoenaed last June for allegedly accepting illegal insurance rebates will repay $198,000 to its clients to settle the case, according to state Attorney...
N.Y. Agents Take E&O Concerns Over Contractor Certificates to Officials
Apr 21 2006 // 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 warned. The New York City Department of...
