Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
One Year After Spitzer, Brokers and Risk Managers Report Shifting Roles
Nov 3 2005 // A year after the contingent commission scandal rocked the commercial insurance industry, new research from Advisen Ltd. has found significant shifts in the relationship between commercial insurance buyers and their brokers...
Gen. Colin Powell to Address 2006 Big ‘I’ Convention
Nov 3 2005 // Gen. Colin Powell, USA (Ret.), will be the keynote speaker at the 2006 Big “I” National Legislative Conference & Convention. Gen. Powell is scheduled to speak April 28, 2006 at the event’s closing...
Stevoff Named Colemont’s U.S. COO
Nov 2 2005 // Dallas-based Colemont Corporation announced that David Stevoff has been named chief operating officer of Colemont Brokerage Group, its U.S. subsidiary. In this newly created position, Stevoff will have responsibility for...
Rep. Oxley to Retire at End of 2006
Nov 2 2005 // Rep. Michael G. Oxley (R-Ohio), Chairman of the U.S. House Financial Services Committee announced yesterday that he will not seek re-election in 2006. Oxley will retire from Congress at the end of his current term,...
FAIA Stands Up for Agent, Files Amicus Court Brief on DFS Due-Diligence Decision
Nov 2 2005 // The Florida Association of Insurance Agents has filed an amicus (friend of the court) brief with the First District Court of Appeal in a case involving an insurance agent who appealed a Final Order of the Department of...
CDI Drops Broker Regulations
Nov 2 2005 // California Insurance Commissioner John Garamendi has announced that he will suspend his efforts to adopt new regulations imposing fiduciary duties and mandatory disclosure obligations on insurance agents and...
FastSnap to Provide Discount to PIA of Florida Members
Nov 1 2005 // Reseda, CA – FastSnap announces that members of the Professional Insurance Agents of Florida will receive a 10% discount on its digital photography service. PIA of Florida members will automatically receive the...
Agent Wins MiniCo Calloway Giveaway
Nov 1 2005 // Kathy Albin, independent insurance agent for Farmer Butler Leavitt Insurance Agency in Phoenix, was drawn as the winner of MiniCoa’s Calloway golf club giveaway. The prize was a set of eight Calloway irons. Merle...
Arthur J. Gallagher & Co. Purchases InterPacific Underwriting Agencies Pty of Australia
Nov 1 2005 // Arthur J. Gallagher & Co. announced the acquisition of InterPacific Underwriting Agencies Pty Ltd of Sydney, Australia. Terms of the transaction were not disclosed. Founded in 1997, InterPacific Underwriting Agencies...
Alliance Produces MVR Compliance Manual for Agents and Brokers
Nov 1 2005 // The Alliance of Insurance Agents and Brokers has produced an MVR Compliance Manual for insurance agents and brokers. Alliance Vice President Gary Jensen, who helped to develop the MVR Compliance Manual with Alliance...
Washington Big I Elects Officers, Presents Awards
Nov 1 2005 // The Independent Insurance Agents & Brokers of Washington (IIABW) in Bellevue, a statewide trade association which represents 1,300 independent insurance agents, has elected Mike Reed of Mitchell, Reed and Associates...
Wilma’s Aftermath: Dade, Broward Counties Await Electricity; Agents Expect An Onslaught of Claims
Oct 31 2005 // Four days after Hurricane Wilma crossed southwest Florida and tore into South Florida, insurance agents told Insurance Journal they had not encountered the onslaught of claims they expected, but since a large percentage of...
CPCU Society Names 2005-06 Officers and Governors
Oct 31 2005 // The CPCU Society has announced its new officers and governors, effective immediately. The following officers have been officially elected: The CPCU Society’s incoming president, Millicent W. Workman, CPCU, CPIW, is...
Insurance Industry Scores Win
Oct 31 2005 // United Industry Effort Results in CDI Deletion of Contentious Proposed Regulation Language Rancho Cordova…The Western Insurance Agents Association commended the recent action by the California Department of Insurance...
PIA National Debuts Spanish Web site
Oct 28 2005 // The National Association of Professional Insurance Agents has debuted a Spanish language Web site to provide additional service to members of the association whose primary language is Spanish or who do business in Hispanic...
CDI Amends Proposed “Action Notice” Filing Regulations
Oct 28 2005 // The California Department of Insurance has agreed to delete a controversial section of proposed regulations that would have required insurers to notify CDI whenever a notice of agency appointment was terminated “for...
Berkshire Bank Acquires 2 Western Mass. Agencies
Oct 27 2005 // Berkshire Insurance Group, Inc., a wholly-owned subsidiary of Berkshire Hills Bancorp, Inc. in Pittsfield, Mass., has acquired the business and assets of each of MacDonald & Johnson, Inc., a full-service property and...
TDI Reports Sept. Enforcement Actions
Oct 27 2005 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during September. The actions include seven license revocations, two license denials and fines and...
IIASA Luncheon to Focus on Workers’ Comp
Oct 27 2005 // The Independent Insurance Agents of San Antonio announced that Amy Lee, with the Workers’ Compensation Division of the Texas Department of Insurance, will provide an update of developments in Texas’ workers...
Okla. Young Agents to Bunch for Lunch
Oct 26 2005 // The Young Agents of Oklahoma announced their next Lunch Bunch meeting will take place Nov. 15 at the Spaghetti Warehouse in Tulsa. The lunch, which takes place from 11:30 a.m. to 1:00 p.m., will feature an update on the...