Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
Sam Jones
Apr 3 2006 // People Sam Jones, president of property and casualty operations at ABD Insurance and Financial Services, Redwood City, Calif., is retiring from active operating responsibilities to focus more time on his family and the...
Closer Look: Insurance Associations
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...
Big players, like big tractor trailers, cannot get in and cover the territories that smaller, independent insurance ag
Apr 3 2006 // Non-Standard Auto Times Have Changed. Are you still driving this business? Can independent agents compete in the nonstandard auto market? The big boys are better organized, financed and dominating the byways. They also are...
International
Apr 3 2006 // The London insurance market: The City and the regulators For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally....
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // News Currents 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...
The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and
Apr 3 2006 // outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two...
Financial Commentary
Apr 3 2006 // Do under-reserved property/casualty insurers deserve high ratings? Publicly traded property casualty insurance companies must serve many masters. To be competitive in the marketplace, they must offer products that meet the...
Fla. Agents Urged: ‘Preserve Consumer Choice’
Mar 31 2006 // If a takeout company removes a policyholder’s coverage from Citizens Property Insurance Corporation, Florida’s insurer of last resort, Consumer Choice legislation enacted in 2001 says consumers can keep their...
Bass Underwriters’ Texas Office Offers Online Program for Small Contractors
Mar 31 2006 // Bass Underwriters’ Texas office announced the launch of a new online program to assist agents in placing small artisan contractors, including those working on home construction. The company said the easy-to-use...
Okla. Agent Allegedly Fails to Remit Tornado Victims’ Premiums
Mar 31 2006 // The Oklahoma Insurance Department suspended a Locust Grove, Okla., insurance agent’s license for failing to send in premium payments for several victims of this month’s tornado in Delaware County, the...
Agents Briefed About Florida Legislation, Met With Legislators
Mar 30 2006 // More than 120 of Florida’s independent agents attending the March 29 and 30 Florida Independent Insurance Agents Legislative “Fly-In” heard Skip Long, Scott Johnson, Laura Pearce and Kyle Ulrich outline...
Combined Group Rolls Out Online Service for Commercial Auto
Mar 30 2006 // The Combined Group, headquartered in Carrollton, Texas, announced the launch of a new online tool to help agents efficiently make binding offers for commercial automobile business. The Automatic Commercial Auto Application...
Agents Call for Long-Term Terrorism Insurance Solution
Mar 29 2006 // The nation’s largest insurance association called today for the creation of an effective, long-term mechanism to manage the unique risk posed by terrorist attacks. Independent insurance agent Sharon Emek, Ph.D., CIC,...
Agents and Brokers: Deadline to Submit for IJ’s Top 100, March 31
Mar 28 2006 // Insurance Journal’s search for the nation’s top independent insurance agencies and brokerages is winding down with just a few days left for qualified firms to send in their entry forms. The final deadline is...
Brown & Brown Says Professional Liability Brokers Generated $3M
Mar 28 2006 // Brown & Brown, Inc. has announced that its Brown & Brown Professional Liability Brokers brokerage operation has generated more than $3 million in gross premium since commencing operations in June 2005. Located in...
