Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
Companies Deliver Public Relations Pitch
Jun 20 2005 // So just how does an industry respond to negative publicity? A number of companies involved in the insurance world have had to answer that question regarding the broker contingent commissions crisis, which has grabbed...
Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
Jun 20 2005 // Contingent commissions based on insurer profitability align the interests of independent agents, brokers and the insurer so correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new...
By Cynthia Beisiegel
Jun 20 2005 // Scandal: Now What? Nothing! When news of Eliot Spitzer’s allegations against giant insurance broker Marsh & McLennan hit the press in October 2004, local agents and brokers braced themselves for an onslaught of...
Zero Tolerance: Agency Mistakes are No Longer Acceptable
Jun 20 2005 // There is an abundance of material offering insurance agents advice designed to minimize or prevent errors and omissions claims. Most of these materials are generalized, focusing on proper file documentation and stressing...
Nine Ways to Get Personal Lines Clients in the Door
Jun 20 2005 // The personal lines industry may be viewed through multiple competitive prisms. These include the classic independent agent versus direct writer perspective; independent and exclusive agents versus the banks, and...
Enhanced Online Policy Access
Jun 20 2005 // The Drive Group of Progressive Insurance Companies expanded its partnership with Strategic Insurance Software to implement a real-time interface, using ACORD XML standards, that provides independent agents and brokers...
By Andrea Ortega-Wells
Jun 19 2005 // From the playground to the classroom to the office – bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how...
By Francis J. Huver
Jun 19 2005 // No more excuses: Making the case for EPLI Common misconceptions leave business owners, small and large, in the bare Employment practices liability insurance has been available on a stand-alone basis since the early 1980s....
By Alan Shulman
Jun 19 2005 // Growing Your Property Casualty Agency Nine fears that can cause you to lose a young producer Today’s younger producers seek more power. Since they can’t control the market changes swirling around them, many...
Lackluster organic growth kicks up broker M&A activity in May
Jun 19 2005 // Stock Prices: Broker stock prices shifted down 5 percent in April and May. The most dramatic change came from Aon Corp., whose stock closed down 14 percent from the previous two month period due mainly to flat first...
InsWeb Launches Agent Lead Generation Program
Jun 17 2005 // InsWeb has announced that it will launch a new agent lead generation program this summer called AgentInsider. AgentInsider will provide leads generated by consumers who have visited the InsWeb Web site in search of an...
Brimer Joins St. Louis Burns & Wilcox as Brokerage Manager
Jun 17 2005 // Farmington Hills, Mich.-based wholesaler Burns & Wilcox appointed Dan Brimer as a brokerage manager in the company’s St. Louis office. As a Burns & Wilcox brokerage manager, Brimer is responsible for the...
Timing Perfect for Release of Ala. Insurance Referral List
Jun 16 2005 // Tropical Storm Arlene blew through Alabama last weekend, making the timing ideal for the release this week of a homeowners insurance referral list providing area homeowners with the names and contact numbers of insurance...
Young Agents Events Kick Off AIIA Conference in Destin, Fla.
Jun 16 2005 // “Will You Accept the Challenge?” is the theme of the annual Alabama Independent Insurance Agents conference and exhibition slated to begin Friday morning and continue through June 19 in Destin, Fla. During...
Modesto Agent Arrested
Jun 16 2005 // A Modesto insurance agent/broker has been arrested and charged with 36 felony counts of insurance fraud stemming from a five-month joint criminal investigation conducted by the California Department of Insurance and the...
Agent Leader Rusbuldt Speaks Out Against Hodgepodge of Disclosure Rules by Insurers
Jun 16 2005 // While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves...
IBA of Sacramento Holds Annual Big ‘I’ Day Oct. 19
Jun 15 2005 // The Insurance Brokers & Agents of Sacramento will hold their Annual Big “I” Day on Wednesday, Oct. 19, at the Sacramento Convention Center. Zurich North American is the grand sponsor of this year’s...
Gold Seal Introduces Web-based Agency Internal Audit Program
Jun 15 2005 // Gold Seal Risk Management Limited has introduced a Web-based program designed to improve agency risk management and loss prevention practices and lessen the potential for errors and omissions claims called Gold Seal...
Industry Economist Hartwig Named to N.Y. Big ‘I’ Agent Group Board
Jun 14 2005 // Robert Hartwig, vice president and chief economist of Manhattan-based Insurance Information Institute, was recently appointed to a one-year term as an at-large director of the Independent Insurance Agents & Brokers of...
Big ‘I’ States Opposition to Optional Federal Charter Plan
Jun 14 2005 // The Independent Insurance Agents & Brokers of America ) does not support a proposal to establish an optional federal charter (OFC) for insurance regulation, but continues to support the proposed State Modernization...
