Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
S.C. Attorney General Asks Big ‘I’ Members: ‘Help Fight Fraud’
Mar 23 2006 // An appeal for independent insurance agencies to assist South Carolina’s law enforcement agencies to document and report information on insurance fraud was voiced by Attorney General Henry McMaster during the March...
The Independent Insurance Agents and Brokers of Orange County’s Ed-Day
Mar 22 2006 // The Independent Insurance Agents and Brokers of Orange County first annual “Ed” Day is going to be held Wednesday, April 19, 2006 at the Tustin Banquet Center in Tustin, Calif. The cost is $35 for members and...
Ind. Insurance Broker Sentenced to Prison on Fraud Charges
Mar 21 2006 // An insurance broker who took money from elderly investors to cover his gambling addiction was sentenced to nearly three years in prison, a federal prosecutor said. Majid Aziz, 41, pleaded guilty to mail fraud and was...
Riley to Head Networked Insurance Agents’ Nevada Sales
Mar 21 2006 // Networked Insurance Agents, a professional account placement organization headquartered in Grass Valley, Calif., has promoted Jeannette Riley as territorial sales vice president for Nevada. Riley will soon be moving to Las...
Financial Planners Pay More Attention to P/C Insurance and Risk Management
Mar 21 2006 // Property/casualty insurance and risk management increasingly play a role in financial planning, according to a survey by the Chubb Group of Insurance Companies. Fifty-seven percent of the 102 financial planners surveyed...
Hub, Citizens Bank on ‘Not Your Typical’ Insurance Agency Deal
Mar 21 2006 // “Not Your Typical Bank,” the slogan used by Citizens Financial Group in its popular consumer-friendly ads, seems to apply to the bank’s latest move, the selling off of its respected insurance agencies. It...
PENN. HALTS ROLE IN AGENTS’ FINGERPRINT AGENCY
Mar 20 2006 // Pennsylvania Insurance Commissioner Diane Koken announced she will stop sending insurance agents’ fingerprints to a national repository, just days after a bill backed by the state’s independent agents that...
Independent Agents Grew Market Share by $12 Billion in 2004
Mar 20 2006 // In 2004, the property-casualty market grew to $457.68 billion in direct written premium, with the overall market increasing by $20.69 billion. During this time, the independent agency system amassed a nearly $12 billion...
To acquire or be acquired–that is the question
Mar 20 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...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Agents, brokers want Calif. court to depublish opinion
Mar 20 2006 // Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116-year history of the industry. In...
How should agencies manage premium dollars?
Mar 20 2006 // Unlike other sales and service companies, independent insurance agencies have a management function in their daily operations. Most property and casualty insurance agencies agree not only to sell and service insurance...
Harness the power of seminars
Mar 20 2006 // Are you an insurance agent, or are you an insurance educator? If you don’t know the answer, chances are pretty good that you are an agent. Anyone who has sold insurance for even a short period knows that the world is...
Solve the multi-state surplus tax problem now
Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...
Kirchner Joins PWIB Texas as Senior Underwriter/Broker
Mar 20 2006 // PWIB Texas reported that Russ Kirchner has joined the company as senior underwriter/broker. Kirchner will work out of PWIB Texas’ San Antonio office at 1380 Pantheon Way, Suite 390. Kirchner has 35 years’...
What brokers need to watch for in Oil & Gas coverage
Mar 20 2006 // There are common problems that may arise in the provision of coverage for Oil & Gas operators. Among those for which the broker should be on the lookout are: The International Association of Drilling Contractors...
Calif. Insurance Commissioner Candidate Bustamante to Address Latin American Agents
Mar 20 2006 // California Insurance Commissioner Candidate Cruz Bustamante, currently the Lieutenant Governor, will be speaking at the Latin American Agents Association (LAAA) meeting, slated for Thursday, April 6th at 7 p.m. Bustamante...
Citizens Financial banks on ‘not your typical’ insurance agency sale
Mar 20 2006 // Not Your Typical Bank,” the slogan used by Citizens Financial Group in its consumer ads, seems to apply to the bank’s latest move, the selling off of its respected insurance agencies. It is not a typical sale....
Agents: Federal proposal will be Trojan horse for optional federal charter
Mar 20 2006 // The National Association of Professional Insurance Agents recently reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to...
