Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
N.Y. Permits Agents to Recover Costs for Bad Checks in Reversal of Opinion
Dec 21 2005 // New York insurance agents will have the same rights that other businesses have to recover costs when customers write bad checks, according to a new opinion issued December 19 by the New York Insurance Department. The...
Pensacola Agent’s License Revoked for Multiple Violations
Dec 20 2005 // Darrell E. Stidham, a Pensacola, Fla. agent has had his license revoked due to multiple violations, including scamming a blind client according to an announcement by Tom Gallagher, Florida’s CFO. Stidham, 54, has...
Texas-based CAA Member Agencies to Participate in Big ‘I’ Best Practices Study
Dec 20 2005 // Bigham-Kliewer-Chapman-Watts and Bosworth & Associates, two member agencies of Combined Agents of America, have been selected to be a part of the Independent Insurance Agents and Brokers of America “Best...
From Pinstripes to Prison Stripes: Near North’s Segal on Life Behind Bars
Dec 19 2005 // Former Chicago Insurance Broker Serving Time for Fraud Appears on TV; Is Movie Next? Once you get over the fear…you find that people are just people,” Michael “Mickey” Segal, 63, told an ABC-TV news...
Update from the Gulf Coast: A Policyholder’s Perspective
Dec 19 2005 // Which Came First: the Chicken, the Egg or the Hurricane? While debates wax and wane in newspaper headlines, the harsh reality for thousands of policyholders in the wake of Hurricane Katrina centers around an age-old issue:...
States Urged to Prepare for Catastrophes by Enforcing Smarter Land Use
Dec 19 2005 // The country needs to consider where and how it builds if it is to avoid the worst effects of another Hurricane Katrina or Sept. 11 attack, according to experts at the recent National Conference of Insurance Legislators...
S.D. Court Strikes Down Countersignature Law
Dec 19 2005 // A federal district court judge in South Dakota ruled that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement,...
AGENT NOT LIABLE FOR NON-DISCLOSURE:
Dec 19 2005 // The Supreme Court of the State of New York, County of Nassau, has reversed a lower court decision that found an insurance agent could potentially be held responsible for misrepresentations in a life insurance application....
Opportunity Knocks
Dec 19 2005 // As 2005 draws to a close it marks the end of the second tumultuous year for the industry. After the multiple hurricanes of 2004, everyone was hoping 2005 would be calmer, but we ended up having an even more catastrophic...
How to Choose the Right Bank for Your Agency
Dec 19 2005 // As an independent agent or agency owner, you have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually...
A Katrina Diary: On the Road to Recovery
Dec 19 2005 // One Man’s Perspective on Hurricane Katrina’s Destruction A co-worker and I journeyed to the Gulf Coast region to document the recovery from Hurricane Katrina. What follows are some notes from our five days in...
IIAT SURVEY SHOWS IMPROVEMENTS
Dec 19 2005 // Independent insurance agents in Texas report improved homeowners insurance coverage and lower premium prices for both homeowners and auto insurance as the year comes to an end. A survey of more than 1,800 member agencies...
Independent Agents Feel Hurricane Katrina’s Full Force
Dec 19 2005 // Residents in many areas of the Gulf Coast watched their lives change forever on Aug. 29, 2005. When all was said and done, Hurricane Katrina went in the record books as the country’s worst natural disaster, leaving a...
PIA of Fla. Board Presents Achievement Awards to Three Members
Dec 19 2005 // Ed Langston, Donald McMahon and Phil Zelman have been honored with awards for their achievements by the Professional Insurance Agents of Florida board of directors. Mark O’Connell, PIA of Florida CEO, presented...
Worldwide Facilities Hires Broker
Dec 19 2005 // Worldwide Facilities Inc. has hired Dat Nguyen as a casualty broker in its Los Angeles office. He will be reporting to Daniel Colacurcio in Worldwide’s Construction Division. Prior to joining Worldwide, Nguyen spent...
Words Mean a Lot in Vows Between Program Administrators and Carriers
Dec 19 2005 // As in a marriage, if you’re in a good relationship, you never have to consider the contract. But if things go badly, words mean everything,” Greg Thompson, president of THOMCO brokerage in Kennesaw, Ga., told...
People
Dec 18 2005 // Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael...
Calif. Court Rules in Favor of Earthquake Policyholders
Dec 18 2005 // An insurance broker was a representative for the California Fair Plan Insurance Co. with regard to the Northridge earthquake revival statute, which gave policyholders another year to file lawsuits against their insurers in...
Duty to or Non Duty to Defend: What is the Best Defense Provision?
Dec 18 2005 // As insurance professionals, we are all familiar with “duty to defend” language commonly associated with general liability policies. But are you familiar with, or did you even know there is, “non duty to...
Dan Carmichael
Dec 18 2005 // William Granato Brandon Hickey Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire...
