Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
INB Insurance; Garland-Sturges & Quirk Merge to Form Cluster
Jun 13 2005 // Northern California insurance agencies INB Insurance Services Corporation and Garland-Sturges & Quirk Insurance Services Inc., announced they have formed a new insurance agency cluster. The cluster, to be called...
Chubb Introduces New High-Limit Surety Bond Product
Jun 10 2005 // The Chubb Group of Insurance Companies has announced the launch of a new surety bond product, SuretyPlus, that can provide up to $250 million in excess surety bond protection for projects over $500...
Ohio AG Calls Again for Authority to Review Contracts by BWC, Other Agencies Before Signing
Jun 10 2005 // Too many state agencies continue to enter into state contracts without the state attorney general’s office reviewing them beforehand, a problem that can only be corrected by changing state law, Ohio Attorney General...
Agents in N.J. Better Off Than in Other States, PIA Leader Tells Group
Jun 9 2005 // Newly elected president of the Professional Insurance Agents of New Jersey Inc., John A. Latimer, Esq., told agents they face many challenges in New Jersey in the near and distant future, but that they may be better off...
New Broker Integro Appoints Key Executives from Marsh
Jun 9 2005 // Roger Egan, chief executive officer, and Peter Garvey, president, Integro Ltd., announced five executive appointments. Most notably, industry veterans Frank Gundersen and Marc Kunney have been named to head the...
St.Paul/Travelers Signs up for Lloyd’s Kinnect Platform
Jun 8 2005 // St Paul/Travelers (SPT) has become the latest Lloyd’s market insurer to pledge its support for the Kinnect electronic platform that has been in development for the last three years. The SPT division, which operates...
Gold Seal Risk Management Launches in U.S.
Jun 8 2005 // Gold Seal Risk Management Services (www.goldsealcorp.com), formed in Australia in 1995 to provide risk management and advisory consulting services to general insurance intermediaries, has expanded its services to the...
Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
Jun 8 2005 // Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, reports a new study by two...
Legislative, Regulatory, Ethics Issues Highlight IIAG Conference Agenda
Jun 8 2005 // Industry leaders will discuss hot legislative, regulatory and ethics issues during the 108th Independent Insurance Agents of Georgia’s June 10 to 14 108th Annual Convention and Trade Show at the Hilton Sandestin...
FAIA ‘Roundups’ Analyze Florida Legislation, Its Impacts
Jun 8 2005 // A summary and analysis of 2005 Florida legislation and its impact on the insurance industry, including detailed analyses of SB 1912, SB 530, SB1486, HB 501, HCB 6001 and HB 19, were presented by Florida Association of...
15 Firms Charged With Directed Brokerage Violations, Fined $34 Million
Jun 8 2005 // The National Association of Securities Dealers confirmed that it has imposed fines totaling more than $34 million on 15 broker-dealers in connection with the receipt of directed brokerage in exchange for preferential...
Former Stockton, Calif. Insurance Agent Sentenced
Jun 7 2005 // Cordell Bunton, of Stockton, California has been sentenced to six months in the San Joaquin County jail after pleading guilty to 10 felony and two misdemeanor counts that included grand theft, insurance fraud, forgery, and...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
Identity Crisis: Coping With Today’s ID Thievery
Jun 6 2005 // Insurance Coverage, Recovery Services and Preventive Measures Can Help One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to...
Young Agents: Changing the Face of the Industry
Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...
Identity Crisis: Coping With Today’s ID Thievery
Jun 6 2005 // Insurance, Recovery Services and Preventive Measures One in 23 adults can expect to be victimized this year by identity thieves, at a cost to Americans of more than $50 billion. That’s according to the 2005 Identity...
Former California Broker Goes to Jail
Jun 6 2005 // Former Vallejo insurance broker Jimmie Earl Jackson, who pled guilty to felony grand theft in Solano County Superior Court May 5, was sentenced to 180 days in County Jail and ordered to serve three years of formal...
Reform, Not Scare Tactics, Needed for Mass. Auto
Jun 6 2005 // The issue before the court is whether the Commissioner has the authority to implement an ARP. The court will not be ruling on specific provisions of the ARP. Over the last month or so there has been a great deal of concern...
HRH Resignation May Signal New Direction for Brokerage Probes
Jun 6 2005 // Recent allegations involving the Hartford office of insurance broker Hilb Rogal & Hobbs may be taking investigators of broker compensation in a new direction. HRH President Robert B. Lockhart resigned and another...
Susan Kearney
Jun 6 2005 // Mark Hagan Gerald O’Neill Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice...
