Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
California Commissioner Drops Broker Regulations
Nov 20 2005 // California Insurance Commis-sioner John Garamendi has announced that he will halt efforts to adopt new regulations imposing fiduciary duties and mandatory disclosure regulations on insurance agents and brokers. “We...
Editor’s Note: Is the image insurance industry forever tainted in the public’s eyes?
Nov 20 2005 // Ipsos Public Affairs, a market research company, recently conducted an online survey of the public’s perception of the insurance industry in the wake of hurricane Katrina. While the 1,000 adults who responded hardly...
InsWeb’s AgentInsider
Nov 20 2005 // InsWeb Corp. launched AgentInsider, its new local agent lead generation program. InsWeb said the AgentInsider program will extend the reach of local agents by providing a cost effective way to connect with the millions of...
Apollo Agencies Appoints President
Nov 18 2005 // Don Gwizdalski has been named president of Apollo Agencies Inc., a subsidiary of Kinecta Federal Credit Union. He will be responsible for growing Apollo’s insurance business in each of the Kinecta Member Service...
CNA E&S Appoints Noodle Specialty Brokers for Property/Liability Products
Nov 16 2005 // Noodle Specialty Brokers (NSB), a division of InsuranceNoodle (www.insurancenoodle.com), announced it has been appointed by CNA E&S to underwrite and distribute select products from the E&S division. CNA E&S...
N.J. Agents Back Change in Insurers’ Auto Expense Formula
Nov 16 2005 // The Professional Insurance Agents of New Jersey Inc. recently provided comments supporting the New Jersey Department of Banking and Insurance’s proposal to change the method for calculating the maximum allowed...
AVRECO’s Deiss Voted Chairperson of Lloyd’s Brokers
Nov 15 2005 // The Association of Lloyd’s Brokers has named Linda Deiss, vice president and underwriting manager of AVRECO, chairperson of the association. Deiss will serve for one year, with appointment to the board for three...
Big ‘I’ Throws Backing Behind House Terrorism Insurance Bill
Nov 15 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) said it strongly supports H.R. 4314, the Terrorism Risk Insurance Revision Act, introduced late Monday by Subcommittee Chairman Richard...
Miami/Dade County, Fla. Kicks Off Young Agents IIADC Events; Schedules Nov. 17 Meeting
Nov 15 2005 // More than 40 property and casualty producers, company representatives, association members, and life and health representatives attended a recent kick-off party in Coral Gables at which everyone celebrated the formation of...
Willis Gets Permission to Increase Stake in Chinese Broker to 51%
Nov 15 2005 // In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, announced that it has received written approval from the China Insurance Regulatory Commission (CIRC) to increase its ownership interests...
PIA of Fla. Clarifies Status of Citizens Property Insurance’s Commissions
Nov 14 2005 // The Citizens Property Insurance Corp. Board of Governors met in May and agreed to change the amount of commissions it paid to agents, but Professional Insurance Agents of Florida members complained to the association that...
Dade County, IIABA Slates HIPAA CE Course Dec. 7 in Miami
Nov 11 2005 // “Taming the HIPAA Monster,” will be discussed from 9 a.m. to noon during a Dec. 7 continuing education course sponsored by the Independent Insurance Agents of Dade County. The fine points of the Health...
Agents Group Sets Flood Insurance Reform Agenda
Nov 11 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) released a set of 22 recommendations for needed improvements to the National Flood Insurance Program (NFIP). The recommendations, if...
N.Y. Readies ‘Common Sense’ Broker Commission Disclosure Rules
Nov 10 2005 // New York officials are not planning to ban contingent commissions for agents and brokers but will issue regulations requiring them to disclose their compensation to clients. Superintendent of Insurance Howard Mills...
Pitfalls in Valuation Can Be Detrimental to Stability, Advises GE Solutions
Nov 9 2005 // Commercial property values must be correctly quantified by agents, brokers and customers so that insurers are able to charge adequate premiums for the risks they assume, according to Tom Smith, vice president, regional...
FAIA Forms Young Agents Council to Perpetuate Leadership, Advocacy
Nov 9 2005 // A new Young Agents Council has been formed by the Florida Association of Insurance Agents in Tallahassee, Fla. The purpose of the YAC is to perpetuate the future of the independent insurance agency system by serving as the...
Dade County Agents Launch 2005 Thanksgiving Food Drive
Nov 9 2005 // The Independent Insurance Agents of Dade County have announced its 2005 Thanksgiving Food Drive, with a deadline of noon Nov. 21 for food to be dropped off at participating agents offices. More information about the annual...
N.Y. Agents Applaud Pataki Workers’ Comp Package as ‘Positive Step’
Nov 9 2005 // New York Governor George E. Pataki’s workers’ compensation package is being hailed as a positive first step by the Independent Insurance Agents & Brokers of New York, Inc. and its industry coalition, NY...
Safeco Automating Sales Process for Mid-Market Commercial
Nov 8 2005 // Safeco announced it is one of the first insurance companies to fully automate the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses. In 16 states and the District of...
E&O Alert: Has Your Agency Outgrown Its Policies and Procedures?
Nov 7 2005 // If your agency has grown over the years, then you’ve probably gone through many changes. Do the following scenarios sound familiar? The organizational structure, policies and procedures that were in place when your...
