Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Insurers Address Brokerage Income Directly to Consumer
Sep 5 2005 // Some Carriers Issue Endorsements on Producer Compensation Disclosure Just last week, one of the assistant directors at our firm, Brunie Lugo, was routinely reviewing a client’s renewal quotation she had received,...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
By Andrew G. Simpson
Sep 5 2005 // A New York excess lines insurance broker’s use of “sham declinations” to skirt the law on placing coverage with a non-admitted carrier could cost the broker a lot more than just regulatory fines, if a...
Editor’s Note: Rogue Executive
Sep 5 2005 // MarketScout Chairman and CEO Richard Kerr recently “lamented” the apparent demise of the rogue underwriter. In his comments accompanying his May 2005 Market Barometer, the industry leader recalled the...
IIAT Spearheads Aid Drive for Hurricane Katrina Victims
Sep 2 2005 // The Independent Insurance Agents of Texas is spearheading a relief effort of agent donations by contributing $25,000 to assist independent agents in Louisiana, Mississippi and other states who are victims of Hurricane...
Big ‘I’ Forms Katrina Relief Fund
Sep 2 2005 // The Independent Insurance Agents & Brokers of America (IIABA) has established the Big “I” Katrina Relief Fund, in order to assist those whose lives have been tragically altered by Hurricane Katrina and its...
Pursell, New Officers of Independent Agents of Conn. Take Over
Sep 1 2005 // The new officers and executive committee members of the Independent Insurance Agents of Connecticut begin their 2005-2006 term on Sept. 1. Mary Pursell will serve as the IIAC president and is the first woman president in...
Early Registration Deadline Sept. 23: FAIA Announces Management and Automation Training Seminar Topics
Sep 1 2005 // A line-up of expert management and technology speakers have been announced by the Florida Association of Insurance Agent’s Management and Automation Training Seminar, “MATS 2005,” taking place Oct. 16 to...
InsurBanc Offering Short Term Loans To Agencies Hurt by Hurricane
Sep 1 2005 // InsurBanc, a financial services provider for independent insurance agencies, has put together a special loan program for qualifying agency principals affected by Hurricane Katrina. Realizing that independent agency owners...
HRH, Conn. AG Reach $30 Million Settlement on Brokerage Activities
Aug 31 2005 // Hilb Rogal & Hobbs Company, a large insurance and risk management intermediary based in Richmond, Va., has reached an agreement with Connecticut Attorney General Richard Blumenthal to settle charges relating to...
Policyholders Line Up to File Claims at Miss. Agency; Fla. Associations Offer Aid, Assistance to Kartina’s Victims
Aug 31 2005 // Insurance adjusters are scrambling around South Florida, where before crossing into the Gulf of Mexico and becoming a catastrophic hurricane, Katrina slapped Dade and Broward counties with damages experts estimate from...
Former Agent Settles with Mo. DOI
Aug 31 2005 // A former St. Louis insurance agent with A.J. Gallagher agreed to a settlement with the Missouri Department of Insurance that will require him to be supervised, the department said Wednesday. Jeffrey Combs made efforts to...
Emerging Insurance Brokerage Launches New Brokers Website
Aug 30 2005 // Freemont, Calif.-based Emerging Insurance Brokerage is launching a new Website (http://www.EIBwebsite.com) to provide brokers with access to life/health and property/casualty insurance so that they can better serve their...
IBA West Pleased with State Fund’s Broker Disclosure Plan
Aug 30 2005 // State Compensation Insurance Fund announced that it is instituting a performance-based compensation plan effective for 2005 business, and that it will begin disclosing broker commissions to clients on Oct. 1 and will...
Relief Agencies Look to Assist Victims from Katrina
Aug 30 2005 // A number of agenices have posted contact information in the wake of Hurricane Katrina, which left a swath of death and damages from Louisiana to Alabama in the last day. For more information, contact the following: Alabama...
California’s State Fund to Disclose Broker Commissions to Policyholders
Aug 28 2005 // California’s State Compensation Insurance Fund announced that it will disclose broker commissions to policyholders beginning Oct. 1, 2005. Insurance quotes and terms letters will display the commission rate paid to...
Five Tampa Clinic Owners Arrested for Patient Brokering
Aug 26 2005 // Five Tampa-area clinic owners have been arrested and a warrant issued for the arrest of a sixth owner for “selling” patients, most of whom were accident victims, to diagnostic facilities that then billed auto...
San Antonio Managing General Agency Announces Grand Opening
Aug 26 2005 // Stone Oak Underwriters, LLC of San Antonio, TX announces they are now accepting submissions from Independent Agents for Public Entities in Texas and Alabama with this new wholesale agency created by Tom Ramsbacher,...
IIATC Installs 2005-06 Officers
Aug 25 2005 // The Independent Insurance Agents of Tarrant County recently held their annual Installation Banquet at Rolling Hills Country Club in Arlington, Texas. Ron Brown was installed as president of the association. Brown started...
WIAA Invited to Submit Testimony on Latest Addition to Garamendi Agenda
Aug 24 2005 // D’Arelli Says “Here They Go Again” Rancho Cordova…The California Department of Insurance has invited leaders within the insurance industry to participate in “prenotice discussions”...
