Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
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...
Mich. Agents Praise Catastrophic Claims Assn. for Lowering Assessment
Mar 27 2006 // The Michigan Association of Insurance Agents praised the Michigan Catastrophic Claims Association for its decision to lower its annual automobile assessment to $137.33 per vehicle, a decrease from last year’s...
Maryland’s Beall, Former U.S. Senator, Congressman, Insurance Agent, Dies
Mar 27 2006 // J. Glenn Beall Jr., a prominent Republican officeholder and successful insurance agent, died at the age of 78. Beall served in the Maryland House of Delegates and the U.S. House of Representatives. In 1970, he was elected...
Tax Help Available for California Storm and Flood Victims
Mar 27 2006 // President George W. Bush has declared several areas in Northern California a Federal Disaster Area, following the devastating storms, flooding, and mudslides that occurred in several counties last December and in January...
La. Commissioner Working to Generate Cat Bond Funding for State
Mar 23 2006 // The Louisiana Department of Insurance reported that Commissioner of Insurance Jim Donelon was invited to meet with the nation’s largest bond insurers and bond rating agencies in New York recently in a continued...
WSS’ Dallas Branch Promotes Mendez
Mar 23 2006 // Kyle Stevens, vice president and branch manager of WSS’ Texas office, announced that Holly Swain Mendez has been promoted to the position of broker. Mendez, reporting directly to Stevens, will be responsible for new...
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...
