Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

Irwin Siegel Agency Announces New D&O Program

Feb 7 2006 // Rock Hill, NY – Irwin Siegel Agency, Inc. (ISA), a leading specialty program underwriter for the Social Services field recently announced a new Directors and Officers (D&O) Program. The new D&O Program will...

Network E&S Insurance Hires Gomez for Calif. Office

Feb 7 2006 // Network E&S Insurance Brokers LLC, a California based wholesale broker, has hired Matt Gomez as a casualty and property broker in the Calabasas office. He will concentrate on writing general liability/products,...

Agency Management Resource Group Holds Producer School in Sacramento

Feb 6 2006 // The Ultimate Producer School, provided by Agency Management Resource Group (AMRG) is hosting its next school starting in April 2006 in Sacramento, Calif. The school combines technical coverage information, emphasizing...

Real-time has come

Feb 6 2006 // Imagine going online to receive competing rates for an account from multiple carriers just once. No more logging on to individual company sites, with their separate log-ons and passwords, and re-entering data at every...

Fitch: stable outlook for broker industry in 2006

Feb 6 2006 // New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005 because of litigation connected to New York Attorney General Eliot...

Former South Dakota Agent Faces 60 Years in Prison for Fraud

Feb 6 2006 // Former South Dakota Agent Faces 60 Years in Prison for Fraud Associated Press account. Wingler was scheduled to go to trial but he decided in court to change his plea to guilty to six of the 13 charges against him. The...

Young agent tricks and treats

Feb 6 2006 // Like many of you, I started my insurance career with an empty desk and a phone. Over the years I have learned some tips or ‘tricks’ I have used effectively to generate sales. Cold calling was the first lesson I...

Baylor University endowed professorship honors Texas agent

Feb 6 2006 // Bill Bailey, founder of Bailey Insurance & Financial Services in Waco, Texas, was honored recently with the establishment of the Bill Bailey Endowed Professorship of Insurance & Risk Management in Baylor...

Spitzer probe brought bad practices to light, panel says

Feb 6 2006 // That the investigation of New York Attorney General Eliot Spitzer into compensation practices of the nation’s insurance brokers and carriers brought to light the unethical behavior of some bad industry apples was a...

Oklahoma’s legislative session shifts into gear

Feb 6 2006 // The bill-filing deadline for the Oklahoma Legislature passed Jan.19, 2006, and the session opens Feb. 6. At the close of the filing process, the state Senate had 1,034 bills and 28 joint resolutions filed, the House filed...

Seven tips for successful insurance process outsourcing

Feb 6 2006 // Outsourcing often receives a bad rap, with large corporations using it to reduce staff count, bureaucracy and overhead. However, for smaller companies, such as small and medium sized insurance agencies, outsourcing can be...

Pushing paper

Feb 6 2006 // There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of...

Brokerage Watch

Feb 6 2006 // Stock Prices: In terms of stock prices for property and casualty brokers, the year was mixed. With its stock up 54 percent, Aon experienced a remarkable year. However, Marsh and McLennan’s woes continued as its stock...

Agency value and price–what sellers can expect to put in their pocket

Feb 6 2006 // Today there is constant attention by those asking agency owners to think about selling or merging with them, so the owner can pursue his or her hopes, dreams and yes … retirement. We know because our clients keep...

Who is worth what?

Feb 6 2006 // Last year was not a big year for raises in independent insurance agencies as salaries in many agencies across the county stayed right where they were in 2004. Producer commission rates stayed the same also. More than 1,000...

Caution: Motor truck cargo insurance not for rookies

Feb 6 2006 // Transportation insurance and, more specifically, motor truck cargo insurance are not fields where an agent should dabble without some expertise. The specific nuances in this class of insurance lead to extensive errors and...

Fitch Analyst

Feb 5 2006 // James Auden, Fitch: stable outlook for broker industry in 2006 New York-Chicago-based Fitch Ratings is predicting stability and growth for the broker industry in 2006, while admitting that earnings will be down in 2005...

News Currents

Feb 5 2006 // W. Va. Big ‘I’ members to hear about mandates, regulations during Feb. 12-13 legislative discussions An update describing local, state and national industry and government issues, focusing on the latest...

Baylor University endowed professorship honors Texas agent

Feb 5 2006 // Presentation of scholarship endowment to Baylor University. Pictured from left to right: Dr. Terry Maness, Dean of the Hankamer School of Business at Baylor University; Bill Bailey, Founder of Bailey Insurance &...

Managing Your Agency

Feb 5 2006 // For smaller companies, such as small and medium sized insurance agencies, outsourcing can be a valuable, even critical tool to facilitate cost-effective growth and stimulate productivity. Outsourcing often receives a bad...