Latest Agencies Headlines

All the headlines from our Agencies Topic Page, ordered by recency.

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...

S&P Conference: With End of Contingent Commissions, Brokers Find Ways to Plug the Hole

Jun 14 2005 // Insurance brokerage executives at Standard & Poor’s insurance conference, “Insurance 2005: Under the Microscope,” expressed confidence Tuesday that brokers would survive the sunset of the...

Unum, HRH Boston Affiliate Settle for $1.3M Over Contingent Fees

Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...

Conn. AG Questions Physician Management Firm Over Medical Malpractice ‘Kickbacks’

Jun 13 2005 // An obstetrician and gynecologist management company has been subpoenaed as part of an investigation into whether it received insurance kickbacks that artificially inflated malpractice insurance rates for Connecticut...

Compensation Study Shows More Agencies Hiring Risk Managers

Jun 13 2005 // Larger insurance agencies today are more likely than not to employ a director of risk management, a claim specialist and a loss control specialist, according to Business Management Group Inc.’s 2005-2006 Non-Producer...

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...