Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
WHO TO CALL?
Apr 3 2006 // Multi-State Agencies IBA West (Alaska, California, Oregon, Washington). Web site: www.iba west.com PIA West (Alaska, Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington). Phone: (888)...
Western insurance associations: How the West is run
Apr 3 2006 // Editor’s note:This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...
When insurers play the ratings game
Apr 3 2006 // Publicly traded property casualty insurance companies must serve many masters. To be competitive in the marketplace, they must offer products that meet the needs of consumers, at prices that are competitive with the...
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of...
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of...
The London insurance market: The City and the regulators
Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...
When insurers play the ratings game
Apr 3 2006 // Publicly traded property casualty insurance companies must serve many masters. To be competitive in the marketplace, they must offer products that meet the needs of consumers, at prices that are competitive with the...
Zurich agents caught in compensation disclosure web
Apr 3 2006 // Independent agents representing Zurich Insurance in the U.S. will have to disclose their income before binding any commercial lines policies for Zurich and some Zurich agents may be denied contingency compensation under...
The London insurance market: The City and the regulators
Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...
New plan helps agents avoid residual market for workers’ comp risks
Apr 3 2006 // Agent and brokers accustomed to sending tough workers’ compensation risks to the residual market may want to consider another solution. The National Council on Compensation Insurance, which prepares workers’...
Downsized D & O
Apr 3 2006 // It hasn’t been healthy. In fact, the directors and officers liability insurance market for super-sized Enrons, WorldComs and the Fortune 1000 has been unhealthy for some time. Looking at the market’s...
Editor’s Note: Uniform disclosure
Apr 3 2006 // This regulation by class action invites a mishmash of rules of disclosure that is likely confuse customers and eventually burden agents. Independent agents for Zurich Insurance are being asked to pay for the sins of...
People
Apr 3 2006 // Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000...
News Currents
Apr 3 2006 // “I personally believe insurers would be better off if they had more standardization, much like the banking industry,” Joel Ario, News Currents New uniform credit agencies’ scoring system not likely to...
ZURICH AGENTS CAUGHT
Apr 3 2006 // CREDIT AGENCIES GO UNIFORM Insurer groups discuss impact TEEN DRIVING TRAGEDIES WIDEN States addressing issue one by one
News Currents
Apr 3 2006 // Joel Ario, Oregon Insurance Administrative News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major consumer credit reporting agencies that...
People
Apr 3 2006 // Lighthouse Underwriters, an Anandale-Va.-based program underwriting company, announced that Sean Gormley has been promoted to senior vice president. In this position he will be responsible for the day-to-day operations at...
People
Apr 3 2006 // Bermuda-based United America Indemnity Ltd. has appointed Robert Cohen president and CEO of its subsidiary, Penn Independent Corporation. Cohen has been acting president and CEO since November 2005. From 1992, he was a...
Poe/Southern Family changes Fla. underwriting
Apr 3 2006 // News Currents Poe Financial Group has notified Florida agents for thousands of policyholders that its South-ern Family Insurance Company will no longer renew or insure new homeowner or commercial lines business. The...
Kristin Wall
Apr 3 2006 // Louisiana Workers’ Compensation Corporation named Kristin Wall, president and chief operating officer, to replace Steve Cavanaugh as chief executive officer. Cavanaugh tendered his resignation at the March 16 Board...
